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AXis Bank

Dear Friends,

Axis Bank is known to be one of the leading bank in private banking sector. Though, banking sector as a whole is grappling with the number of issues, one being the NPA, bad loan but once the banking sector show the sign of recovery, hopefully Axis Bank would be the one to provide good gains.

With advances and deposits on the increase better earning than other players, CRR of around around 86% and dividend rate of 230% on the face value of Rs.2/- it is a perfect hold/buy at current price.

One should hold it with conviction as also continue adding with SIP like method.

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