Axis Bank beats expectations with surprise profit rise in December quarter

The country’s fourth-largest private lender posted a 3% year-on-year increase in net profit to ₹6,490 crore for the December quarter | Photo credit: ANUSHREE FADNAVIS Axis Bank reported a surprise quarterly profit rise on Monday, supported by healthy credit growth. The country’s fourth-largest private lender by market capitalization said standalone net profit rose 3% year-on-year […]