23-01-2024 04:13 PM | Source: Reuters
India`s Axis Bank reports 3.7% rise in Q3 profit
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Bank.jpg)
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India's Axis Bank reported a 3.7% rise in third-quarter profit on Tuesday, helped by higher loan growth.
The Mumbai-based private bank reported a standalone net profit of 60.71 billion rupees ($730.19 million) in the three months ended Dec. 31, compared to 58.53 billion rupees a year ago.
The standalone numbers do not include the business of the bank's subsidiaries.
($1 = 83.1430 Indian rupees)
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