Why Invest in Axis Bank?
Since the last couple of years, not only private sector banks have done exceptionally well, but they have also outperformed public sector banks. Especially in the case of non-performing assets, which the private banks have handled superbly. Their net NPA and gross NPA counts are far better than that of Public Sector Banks which, in turn, speaks of their asset quality.
NIFTY Index
The NIFTY is NSE's flagship index that tracks the behavior of a portfolio of blue-chip companies that have the largest and most liquid Indian securities. It is owned as well as managed by IISL (India Index Services and Products Ltd), which is India's first specialized company to focus on an index as a core product. Nifty indexes 50 of the 1600 companies on the National Stock Exchange (NSE) and is thus popularly referred to as 'Nifty 50'.
About MyMoneyKarma:
MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.
Since the last couple of years, not only private sector banks have done exceptionally well, but they have also outperformed public sector banks. Especially in the case of non-performing assets, which the private banks have handled superbly. Their net NPA and gross NPA counts are far better than that of Public Sector Banks which, in turn, speaks of their asset quality.
NIFTY Index
The NIFTY is NSE's flagship index that tracks the behavior of a portfolio of blue-chip companies that have the largest and most liquid Indian securities. It is owned as well as managed by IISL (India Index Services and Products Ltd), which is India's first specialized company to focus on an index as a core product. Nifty indexes 50 of the 1600 companies on the National Stock Exchange (NSE) and is thus popularly referred to as 'Nifty 50'.
About MyMoneyKarma:
MyMoneyKarma is emerging as a leading Recommender Engine that helps people makes Intelligent Financial decisions. We are founded by two Stanford Business School alumni who bring decades of experience in Consumer Finance and Technology. Our focus is on creating secure, data-driven, unbiased, and consumer-friendly online tools that recommend products and services in a rapidly evolving environment. We use Machine Learning algorithms to identify potential opportunities for our customers to plan, save and invest.
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