Axis Bank's Strong Loans, FCNR-B Flows Keep Citi, Goldman Sachs Bullish; See Over 32% Upside

Axis Bank mobilised $10.62 billion in FCNR(B) deposits, accounting for around 8% of system-wide FCNR(B) mobilisation, compared with the bank's roughly 5.3% share of system deposits, Citi said.