Tag Archives: axis bank results

Axis Bank Q3 net profit beats view on strong interest income

BENGALURU: Private lender Axis Bank on Monday reported a stronger-than-expected 62% jump in quarterly profit, as a surge in interest income outpaced a rise in provisions for bad loans.Demand for credit has rebounded from the pandemic lows and boosted loan growth at banks, with consumers and businesses stepping up spending as the economy revived. Banks… Read More »