Select Page

BENGALURU – 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)

(Reporting by Sethuraman NR in Bengaluru and Siddhi Nayak in Mumbai; Editing by Janane Venkatraman)

  • Published On Jan 23, 2024 at 04:33 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETBFSI App

  • Get Realtime updates
  • Save your favourite articles

icon g play

icon app store

Scan to download App
bfsi barcode

Share it on social networks