Axis Bank Shares Fall 4.2% After Quarterly Profit Miss
Shares fell 4.2% on Monday after the Indian lender reported quarterly profit slightly below expectations, citing higher costs and weaker other income.
Shares of India's Axis Bank (NSE:AXISBANK) dropped 4.2% on Monday after the private lender reported quarterly profit over the weekend that was slightly below expectations, as costs increased and other income weakened.