Axis Bank Q1 Preview: PAT may surge 45% YoY; Citi ops integration impact in focus
On a sequential basis, analysts expect net interest margin to dip, but it should be lesser than most other banks. Loan book, including Citibank Consumer portfolio likely to grow 2.2% QoQ. Employee cost will have a full wage impact of Citi employee post acquisition. The bank will bear operating expenses of Rs 20 billion over 18 months
