Axis Bank December quarter net profit surges by 62%

January 24, 2023

Net interest income, which is the difference between interest earned and paid, rose 32% to ₹11,459 crore for the quarter under review versus ₹10,360 crore in the year ago period. Net interest margins expanded to 4.34% at the end of the December quarter against 3.77% a year ago.

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