The third largest private sector bank had posted a net profit of ₹1,117 crore in the same quarter a year ago.
Total income during the October-December period of 2021-22 rose to over 21,101 crore from ₹18,355 crore in the same quarter of 2020-21, Axis Bank said in a regulatory filing.
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LIC to declare financial results for FY22 on May 30
THE BOARD OF directors of the state-owned Life Insurance Corporation of India (LIC) is scheduled to meet at the end of this month to declare the financial results for the fiscal year ended March 2022.
Oyo to shelve IPO plans in 2022 amid market volatility
An IPO delay would mark another setback for Oyo and founder Ritesh Agarwal
Russia launches all-out assault to encircle Ukraine troops in east
RUSSIAN FORCES WERE conducting an all-out assault on Tuesday to encircle Ukrainian troops in twin cities straddling a river in eastern Ukraine, a battle which could determine the success or failure of Moscow's main campaign in the east.
Big focus on camera, imaging chip
While the X80 series continues its tie-up with lens brand Zeiss, vivo is putting more focus on AI and its own dedicated V1+ imaging chipset
Housing prices rise up to 11% across 8 cities
HOUSING PRICES INCREASED by up to 11% annually across eight major cities during the January-March period of this year due to a rise in demand for residential properties and a sharp hike in rates of construction raw materials, according to a joint report by Credai, Colliers, and Liases Foras.
Truecaller CEO: Trai move on KYC display to be a catalyst, not competition
SWEDISH CALLER IDENTIFICATION app Truecaller does not see the Telecom Regulatory Authority of India's (Trai) plan to display the number of every caller on the screen based on their know your customer (KYC) registered names as a competition to similar services provided by it.
GIC picks up 7.5% stake in Aditya Birla Fashion & Retail for ₹2,195 cr
GIC, SINGAPORE'S SOVEREIGN wealth fund, is acquiring a 7.5% equity stake in Aditya Birla Fashion and Retail (ABFRL) for ₹2,195 crores, the company said in a release on Tuesday.
Power min to gencos: Expect less coal in June, import more
THE GOVERNMENT HAS slashed how much domestic coal power plants can expect to receive in June by 11.1% and asked some utilities to import more to increase inventories as power demand surges, according to an internal power ministry memo seen by Reuters.
E-marketplace for toxic assets back on agenda
THE INSOLVENCY REGULATOR is weighing steps to invigorate an online marketplace for stressed assets, which will allow potential investors access to crucial details about the assets available for both resolution and liquidation and enable them to submit their interests, sources told FE.
Large banks see increase in slippages in March qtr
Despite rising slippages, analysts are taking heart from the fact that recoveries by banks have been improving
