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Live News EQUITY ARTICLE M impact

Axis Bank Q2 Standalone Profit Rises 38% to Rs 7,003 Crore

The lender reported strong loan and deposit growth, higher net interest income and improved asset quality; margin pressures remain a monitorable.

AXISBANK

Strong loan and deposit growth, higher net interest income and improved asset quality support the lender’s quarterly performance, while margin pressures remain a key monitorableAxis Bank reported a 38 per cent year-on-year increase in standalone net profit to Rs 7,003 crore for the second quarter o…