The liabilities of axis bank is increasing, I have invested in axis bank a long time ago, what’s your opinion, should I hold or buy more? Thank you.
Hey @Ranjan01, I kinda disagree a bit with @itsadam, yea sure you have complete freedom over your money, but when it comes to getting the results, you have to put efforts in the research to know the markets, at least try to know. Only the one who doesn’t put the effort into research knows nothing.
Now let’s come to your question,
Liabilities are part of a company, especially in the banking sector, and in this pandemic, the only way the company’s condition can worsen is if its main source of revenue is affected, which in here, is lending huge money to giant businesses. That’s the same reason behind the failure of YES bank and many other such banks.
You should check the company’s major lending and evaluate those companies in order to judge the investment or possibility of default. You can also check the fundamnetals of the company.
I hope it helps
HDFC has allegations of improper lending practices on its vehicle loan unit. Is there any major loss to the bank. I hold 30 shares of HDFC bank bought at Rs 1187 before the crash (I had 84 shares but sold 54 shares in loss). I’m not sure whether should I reduce the number of shares further. But I like the bank.
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