Powered by: Motilal Oswal
23-01-2024 04:13 PM | Source: Reuters
India`s Axis Bank reports 3.7% rise in Q3 profit

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

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)