...Axis Bank CMP: Rs1125 TP: Rs1441 Buy Particulars NII Operating Profit PAT 1QFY14 4QFY13 2,865 2665 2844 2800 1409 1555 % chg (QOQ) 7.5 1.6 (9.40) 1QFY13 2180 1964 1154 % chg (YOY) 31.4 44.8 22.1 CMP Target Price Investment Period Stock Information Sector Market Cap Beta NSE Code 52 Week High/Low ₹ 1,125 ₹ 1,441 12 Months Highlights: Axis Bank reported a 22.1% YOY earnings growth for the quarter. During 1QFY2014, the bank reported a moderate growth in business, with advances and deposits registering a growth of 15.8% and 7.1% YOY, respectively. Loan book growth was primarily driven by strong traction in the retail and SME advances, which grew by 39.7% and 27.5% YOY, respectively. Outlook and valuation: Axis Bank’s current valuations at 1.8x ABV is below longer term fair value estimates. In the near term, given the weak macro environment and cautious outlook for the sector, stocks such as Axis Bank may undershoot fair value estimates, but from a relative point-of-view compared to peers, it remains one of the preferred banks. Asset Quality: As on 30th June 2013, Gross NPAs and Net NPAs stood at 1.10% and 0.35%, as against 1.06% and 0.32% respectively as on 31st March 2013. The Bank held provision coverage of 80% as on 30th June 2013 (as a proportion of Gross NPAs including prudential write-offs). The provision coverage before accumulated write-offs was 89%. The cumulative value of assets restructured till 30th June 2013, stood at ₹4,211 crores against ₹4...
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...banking system has reached even to the remote corners of the country. This is one of the main reasons of India's growth process. AXIS BANK: Axis Bank is the third largest private sector bank in India. It offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, Agriculture, Retail Businesses, Commercial banking services which includes merchant banking, direct finance infrastructure finance, venture capital fund, advisory, trusteeship, forex, treasury and other related financial services. As on 31-Mar-2012 the Group has 1787 domestic branches (including extension counters, 10,363 automated teller machines (ATMs), the Bank also has 7 overseas branches / offices in Singapore, Hong Kong, Shanghai, Colombo, Dubai, DIFC - Dubai and Abu Dhabi . Axis Bank was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI - I), Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) and other four PSU insurance companies, i.e. National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd. Axis Bank Ltd. has...
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...PHAGWARA PUNJAB acknowledgement I present this project report on “INVESTMENT AVENUES” IN AXIS BANK LTD., Kashmiri gate, near hasan building with a sense of great pleasure and satisfaction. I undersign with pleasure take this opportunity to thank all those related directly or indirectly in preparation of this project report. I started working on this project under the invaluable guidance of Honorable 'Mr. ROHIT BANSAL SIR for which I am very much thankful for her valued time given for the purpose. Without her co-operation our project work would have been difficult to complete. I express our sincere thanks to Mr. PARITOSH GUPTA, (Branch Manager) in Axis Bank Ltd., Wardha and staff in that organization. I am also thankful to Mrs. RASHMI MITTAL MAAM [Dean of our college] to allow us to carry out this project. Date: Place: Fortnightly Progress Report School Name----Business and arts --------------------- Name of the Student: ___tanu rani___ Roll No.__A09___ Section __Q2920__ class____MBA_____ 2. Period of Training : From ______1 june_____ To_____15 july____ ------------------------------------------------- 3. Name and address of the Organization: _____Axis bank ltd________ ------------------------------------------------- Ground floor ,Hasan...
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...overall profitability. A very unattractive industry would be one approaching "pure competition", in which available profits for all firms are driven to normal profit. In case of Axis Bank, according to us, the Porter’s Five Forces Stands as shown below: | Weak | Neutral | Strong | Fierce | Industry Rivalry | | | | | Supplier Bargaining Power | | | | | Buyer Bargaining Power | | | | | Threat Of New Entrant | | | | | Threats of Substitute | | | | | Industry Rivalry Industry rivalry means the intensity of competition among the existing competitors in the market. Intensity of rivalry depends on the number of competitors and their capabilities. In case of Axis bank, we have found that this particular parameter is fierce. Since March 2002, Bankex (Index tracking the performance of leading banking sector stocks) has grown at a compounded annual rate of about 31% as shown below. After a very successful decade, a new era seems to have started for the Indian Banking Industry. If we look at 5 years historical performance of different types of players in the banking industry, public sector bank has grown its deposits, advances and business per employee by the highest rate – 21.7%, 23% and 21.1% respectively. As far as net interest income is concerned, private banks are ahead in the race by reporting 24.2% growth, followed by pubic...
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...Axis Bank… Porter’s Five Forces Analysis 1. Competitive Rivalry: Top Performing Public Sector Banks a. Andhra Bank b. Allahabad Bank c. Punjab National Bank Top Performing Private Sector Banks a. HDFC Bank b. ICICI Bank Top Performing Foreign Banks a. Citibank b. Standard Chartered c. HSBC Bank Industry Rivalry Industry rivalry means the intensity of competition among the existing competitors in the market. Intensity of rivalry depends on the number of competitors and their capabilities. In case of Axis bank, we have found that this particular parameter is fierce. Since March 2002, Bankex (Index tracking the performance of leading banking sector stocks) has grown at a compounded annual rate of about 31% as shown below. After a very successful decade, a new era seems to have started for the Indian Banking Industry. If we look at 5 years historical performance of different types of players in the banking industry, public sector bank has grown its deposits, advances and business per employee by the highest rate – 21.7%, 23% and 21.1% respectively. As far as net interest income is concerned, private banks are ahead in the race by reporting 24.2% growth, followed by pubic banks (21.4%) and then by foreign banks (14.8%). This clearly indicates that the industry is growing... The banking industry is highly competitive. The financial services industry has been around for hundreds of years and just about everyone who needs banking services already has them. Because of this, banks...
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...Unsafe Pesticide Applications More Dangerous Than Bed Bugs Lancaster County 444 Cherrycreek Road, Suite A / Lincoln, NE 68528 (402) 441-7180 / http://lancaster.unl.edu [346] Reprinted from The Nebline, Nov./Dec. 2011 Bed bugs are here. In the U.S., first reports of increased bed bug infestations began in 1999, primarily in hotels in larger cities in the eastern U.S. In just a few years, bed bugs traveled across the U.S. and found their way into the heartland. By 2003, clients were bringing me bed bugs for identification. The speed of bed bug movement across the U.S. was quite amazing and almost certainly related to human travel. There’s no evidence bed bugs transmit any disease, but bed bugs are important public health pests. Bites can produce serious allergic reactions, including hives and anaphylaxis. Scratching can result in secondary infections. The psychological consequences of infestations include insomnia, anxiety, and stress, and social isolation. The high cost of control presents a financial burden, especially to low-income families. In the U.S., most over-the-counter (OTC) products available for use in homes contain pyrethrins and/or pyrethroids. Studies have shown that nearly 90 percent of bed bug infestations are resistant to pyrethrin and pyrethroid products. This means these OTC products do not kill bed bugs very well, even if they are used the way the label says. Bed bugs are unlikely to die even after they sit on a surface after Photo by Barb Ogg, UNL Extension...
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...Sl. No. Sol Id Branch Name Branch Address City District State / UT 1 1898 Bathu Basti Ground and first floor, Opposite Hotel Karpagam, Garacharma. Port Bathu Basti Blair, Dist. South Andamans, Andaman And Nicobar, Pin 744105 South Andaman Andaman & Nicobar UT 2 1560 Diglipur Subhas Gram, Opp. Govt Secondary School, PS.: Diglipur, Dist. North Diglipur & Middle Andaman, Andaman & Nicobar, Pin 744202 North & Middle Andaman Andaman & Nicobar UT 3 157 Port Blair 5, Middle Point, Port Blair 744 101, Andaman & Nicobar Islands Port Blair South Andaman Andaman & Nicobar UT 4 727 Adilabad Adilabad, Andhra Pradesh,H/No/ 4-3-60/10, 11,Opp/ Bus Stand, N H Adilabad No/ 7,Adilabad 504001, Andhra Pradesh Adilabad Andhra Pradesh 5 1512 Adoni D.No.21/170/1, 170/2, 21/170, 170/3, 170/4, 170/5, 170/6, Adoni, Dist. Adoni Kurnool , Andhra Pradesh, Pin 518301 Kurnool Andhra Pradesh 6 353 Alamuru Alamuru, Andhra Pradesh,S/ No/ 232/1,Mandapeta To Alamuru Road, Alamuru 533 233,East Godavari District, Andhra Pradesh Alamuru East Godavari Andhra Pradesh 7 1378 Alwal No.1-16-108/G2, J J Nagar, R K Gill Plaza, Alwal, Secunderabad, Dist. Alwal Ranga Reddy, Andhra Pradesh, Pin 500015 Rangareddy Andhra Pradesh 8 1730 Anakapalle Door No. 12-4-54, Boddeda Apparao Complex, RTC complex Road, Anakapalle Anakapalle, Dist.Visakhapatnam, Andhra Pradesh, Pin 531001 ...
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...California Real Estate Practice Mid-Term Exam Rooks Summer 2005 1. An agent is showing a property that belongs to a seller with AIDS. What should the agent do? A. Disclose this fact since it is a material fact B. Disclose this fact only if asked C. Never disclose this fact D. Withdraw from the listing 2. In an in-house transaction, all of the following are true EXCEPT: A. A broker can present an offer on one of his own listings B. The broker will negotiate only on behalf of the seller C. The broker must obtain both parties’ written consent D. The broker owes certain fiduciary duties to each party 3. For which of the following would a lender be least likely to require deposits into an impound account? A. Mortgage interest B. Homeowners' association fees C. Property taxes D. Annual assessments 4. Under the Fair Housing and Employment Act, a person who has suffered from discrimination in housing may receive: A. an opportunity to buy or rent the property if it is still available B. an opportunity to buy or rent a similar property C. money damages D. Any of the above 5. A prudent lender who is deciding whether or not to make a real estate loan to a prospective borrower will ensure that: A. the market value of the property is greater than the loan amount B. the borrower's credit is satisfactory C. the borrower has adequate cash reserves after paying the downpayment and closing costs D. All of the above 6. A man owns a house and has a first deed of trust executed against...
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...THE HERO WITH A THOUSAND FACES JOSEPH CAMPBELL BO I. L I N G EN SERIES XVII PRINCETON UNIVERSITY AND PRESS P R I N C E T O N OXFORD Copyright © 2004 by Princeton University Press Published by Princeton Unhxmt^Pms, U WiffiaM SUrtt, Pnnceton, New Jersey 08540; im^inii!-. •:-..• punght i 1-49 by Botiingen e d i t i o n l n ' i l h Foundation, rc't.'itii.yi •: • andpttt t*j''!' !_•"' . !.,.: b% :''ohi: •• Bough, one-volume edition, p. 386. Copyright, 1922 by The MacmiUan Company and used with their permission). Compare Sigmund Freud: "I recognized the presence of symbolism in dreams from the very beginning. But it was only by degTees and as my experience increased that I arrived at a full appreciation of its extent and significance, and I did so under the influence of . . . Wilhelm Stekel. . . . Stekel arrived at his interpretations of symbols by way of intuition, thanks to a peculiar gift for the direct understanding of them. . . . Advances in psycho-analytic experience have brought to our notice patients who have shown a direct understanding of dream-symbolism of this kind to a surprising extent. . . . This symbolism is not peculiar to dreams, hut is characteristic of unconscious ideation, in particular among the people, and it is to be found in folklore, and in popular myths, legends, linguistic idioms,, proverbial wisdom and current jokes, to a more complete extent than in dreams." {The Interpretation of Dreams, translated by...
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...of businesses and partners. You are operating across international lines and frequently dealing with other cultures, currencies, and legal situations. This is true no matter if you are selling goods and services or working in bringing people from the other country into your country as tourists. Thus it becomes advantageous to for strategic alliances with people and businesses in all the countries in which you hope to operate. What is a strategic alliance? A strategic alliance is a merging or working together of businesses for mutual gain. It goes all the way back in history to when government started signing treaties to protect their borders and interests, a good example is during World War 2 when there were the Allied powers and the Axis Powers. Those were military strategic alliances for getting rid of the opposition and strengthening your borders while decreasing your expenses. When conducting business across borders a strategic alliance can help open international markets. How? One way is that the businesses with which you ally yourself should better understand the people in the country, and that will make it easier to sell your product and protect your interests. For instance names and words have power, especially in marketing. A lawyer advertising in England would never say something like "Let us help you get out of that bum rap" as bum there means Ass" Selling products can mean you need to shift names and phrases, a strategic alliance will help with this. Your...
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...risk-based impacts X Axis would encounter in such a situation. 3.1.1 Identify Outage Impacts and Estimated Downtime This section identifies and characterizes the types of impact categories that a system disruption is likely to create in addition to those identified by the FIPS 199 impact level, as well as the estimated downtime that the organization can tolerate for a given process. Impact categories should be created and values assigned to these categories in order to measure the level or type of impact a disruption may cause. An example of cost as an impact category is provided. Organizations could consider other categories like harm to individuals and ability to perform mission. The template should be revised to reflect what is appropriate for the organization. Outage Impacts Impact categories and values should be created in order to characterize levels of severity to the organization that would result for that particular impact category if the mission/business process could not be performed. These impact categories and values are samples and should be revised to reflect what is appropriate for the organization. The following impact categories represent important areas for consideration in the event of a disruption or impact. Impact category: HIPAA Impact values for assessing category impact: • Severe = $1 Million • Moderate = $550,000 • Minimal = >$550,000 The table below summarizes the impact on each mission/business process if X Axis Network were unavailable...
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...Name Class Date Professor A History of World War 2 World War 2 was a very interest time period, and there were a lot of different factors that helped to contribute to the war. Many different nations got involved in this war, with each of them choosing a different side, this led to many rivalries. It also caused hard feelings between many nations, because before the war they may have had a close friendship between the countries, but after the war started that friendship ceased to exist because of the strain of war. There were many important details in World War 2, that helped to create what it became, and I’m going to discuss some of those details. Within World War 2, many different things occurred, such as concentration camps, and those issues are very important to many today, even though this event happened so many years ago. That is why I’m going to discuss the historical key points during World War 2, and explain why they were important. The beginning of World War 2 did not happen immediately as some might think, but it took time to develop. It all began when Hitler withdrew himself from the League of Nations in the year 1933, he did not believe the League would come after him because of their previous actions with Japan. That is why he left them and began to arm his country heavily with weapons and other things; in the meanwhile he was forming deals with many different nations for various things. The power of the League took another hit when Mussolini was able to...
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...The Axis powers did certainly encounter supply problems with their campaign in North Africa. Especially towards the end of the campaign, they were experiencing serious difficulties in this sphere. Fuel, troops and ammunition were running out at such a rate that it was becoming increasingly difficult to replace it and Rommel’s pleas to Germany were being ignored. However there were certainly two more important factors that contributed to the Axis power’s defeat. These were Hitler’s, and to a lesser extent Rommel’s, poor grasp of strategical and logistical warfare in the North African area as well as the superiority of Allied naval and air power with the welcome introduction of American forces after 1941. After an unsuccessful Italian campaign in Egypt, Mussolini requested help from their German ally, and the Italian Commando Supremo sent motorized and armoured forces to protect their colonies in North Africa. The Germans hastily put together a motorized force, whose lead elements arrived in Tripoli in February 1941. Thus the rush to support the ailing Italian forces also played a part in the defeat of the Axis powers in North Africa as Germany certainly viewed North Africa as a peripheral area. The force, termed the Afrika Korps by Hitler, was placed under the command of Erwin Rommel. In April of the same year Rommel launched a series of attacks on Tobruk, the heavily garrisoned port fortress manned by an Australian infantry division. However when he failed in his attempts...
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...The invasion of D-Day The invasion of D-Day was a very important battle during World War II. It was the battle in which the Allies landed on German-controlled beaches in an attempt to gain the upper hand on Hitler and the Axis powers. For me, I learned about the Axis and Allies through playing old WWII video games a s a kid, but not many people actually know what these two words mean or consist of. The Axis powers were the bad guys and consisted of Germany, Italy, and Japan. Oddly enough, Italy switched over to the Allied powers later in the war. The Allies were the supporters of the U.S., the good guys. They consisted of Poland, Britain, and Russia, formerly known as the USSR. The United States was also a part of the Allies but they didn’t join into the fighting until later in the war. A big portion of the credit of the victory on D-Day has to go to the 101st airborne division. They parachuted in and fought from behind enemy lines to flank the Germans from the rear. They had a huge impact on this very crucial battle. D-Day was the beginning of many Allied victories that led to the end of Hitler’s reign. The 101st airborne were a very big asset to the Allies. They were an elite force of skilled paratroopers that were the best of their kind. These highly trained killers were dropped in during the invasion. They actually had a lot of miscommunications on the landing zones and drop sites for these men because of the poor weather conditions. They had planned the invasion to...
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...[pic] Determine the QRS axis for this ECG: |Top of|A. -100 degrees | |Form | | |[pic] | | |Bottom| | |of | | |Form | | |[pic] |B. -30 degrees | |[pic] |C. +15 degrees | |[pic] |D. +90 degrees | |[pic] |E. Indeterminate | Lead I is isoelectric and since aVF is positive, you know the axis is +90 degrees. [pic] Determine the QRS axis for this ECG: |Top of|A. -15 degrees | |Form | | |[pic] | | |Bottom| | |of | | |Form | | |[pic] |B. +15 degrees | | | | |[pic] |C. +60 degrees | |[pic] |D. +105 degrees | |[pic] |E. Indeterminate axis | Occasionally each of the 6 frontal plane leads is small and/or isoelectric. The axis cannot be determined and is called indeterminate. This is a normal variant. Occasionally each of the 6 frontal plane leads is small and/or isoelectric. The axis cannot be determined and is called indeterminate. This is a normal variant. [pic]Determine the QRS axis for this ECG: |Top of|A. -75 degrees | |Form | | |[pic] | | |Bottom| ...
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