Axis Bank Q1 net profits grows 23% to ₹7,114 crore
Beating analysts’ estimates, Axis Bank Ltd., India’s third-largest private sector bank, reported a 23% year-on-year increase in profit to ₹7,114 crore for the quarter ended June 30, 2026. The Bank’s Net Interest Income (NII) for the quarter stood at ₹14,646 crore up 8% YOY. Net Interest Margin (NIM) stood at 3.46%. Provision and contingencies for the quarter…
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