Axis Bank – Citibank India deal – Opportunistic deal net positive for AXSB, Maintain BUY: Mr. Shivaji Thapliyal, Lead Analyst – Institutional Equities, YES SECURITIES
MUMBAI, 30 MARCH, 2022 (GPN): Axis Bank (AXSB) announced a deal on Wednesday to acquire Citibank India’s (Citi) retail assets, which is net positive for AXSB from a business standpoint. Our view regarding the deal…