Axis Bank net profit up 3% in Oct-Dec on strong loan growth
MUMBAI: Axis Bank reported a steady operating performance in Dec quarter, with net profit rising 3% year-on-year to Rs 6,490 crore, supported by strong loan growth and higher fee income, even as margins moderated. The bank’s net interest income increased 5% from a year earlier to Rs 14,287 crore, on the back of 14% growth…
