Ticker – 532215/AXISBANK

Industry Overview :

Banking is a Very Good business if you don’t do anything dumb – Warren Buffett

Running a bank is as tricky as analyzing a BANK and its Fundamentals. Many Small, Check and Uncheck, many small things, Many parameters to check. But there is a reason for that as Bank business comes into contact with Public money which makes it essential role player in Country’s economy. If handled by the wrong person, you are inviting disaster. So for itis necessary to run the Bank, its, Management, and how they run it. The parent Institution is also vital for a bank as it can use the brand name or develop one. If they are strong, the Bank will eventually follow it.

I don’t know whether it is right or wrong, but I feel that For running the Bank, you need the right man at the right time and place. You may find many examples in the banking industry itself. From Deepak Parekh, P J Nayak to Shikha Sharma, Uday KOTAK. It is the management who decides the future by its decision.

Many times it’s the parent organization that Decides it. If you are lucky and receive HDFC ICICI or UTI as a parent, then it’s half done for You.

Company Overview: Formerly known as UTI bank, it Was promoted by erstwhile UTI. One out of ten private banks got the license for the first time. When RBI was approving the Balance of payment crisis with ICICI bank, HDFCBANK, OBC, Development Credit BANK, Centurion Bank, Bank Of Punjab, Times Bank, IDBI Bank, Global Trust Bank, IndusInd Bank, there are many reasons you may think there are others and why HDFCBANK, ICICI bank are so big. The management plays a key Role.

Sure, that first management made some mistakes by giving loans to the wrong people, but the luck of the Bank was big as there was P J Nayak, who was serving on the board.

From the Early days to recent days, the Bank Was going through a big transition and concentrating on industry to Youth concentration to achieving the right mix in the loan book, to Giving financial services to Increase offshore operations. So a bank is taking many proper steps. Saurabh Mukherjee, in his recent Book unusual Billionaire, uses some perfect words.

Confounding the Sceptics Repeatedly

SHAREHOLDING Pattern: BSE filings

Financials and Ratios

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Future Prospects: The Bank is targeting the age group of 25-35  as essential and trying to make banking friendly for them. Past loans given to Industries are hurting them, but it is worth taking that pain as the Bank is still undergoing a significant change. I find out that the Bank is applying successful strategies of ICICI and HDFCBANK both. So it is Making their Future bright.