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Poor Loan Sales, Bad Loans Disappoint Axis Bank Numbers
The Morning Standard
|January 17, 2025
THIRD-largest private sector lender Axis Bank on Thursday reported a disappointing 3.83% year-on-year growth in net profit at ₹6,304 crore in December quarter, weighed in moderate loan growth and an increase in loan loss provisions due to rising delinquencies.
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The number on a sequential basis dipped a full 9% from ₹6917.57 crore.
Diese Geschichte stammt aus der January 17, 2025-Ausgabe von The Morning Standard.
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