Axis Bank reported a standalone net profit of Rs 5,797.10 crore for the quarter ended June 2023, up 40% year-on-year (YoY) over Rs 4,125.26 crore profit reported by the company in the corresponding period of the last financial year. An ET NOW poll of analysts had anticipated the profit figure at Rs 6,000 crore.
A CEO’s perspective: India must get rich before it gets old
India’s demographic dividend is shrinking, raising concerns about economic growth. While the nation is poised to become the third-largest economy by 2030, challenges like the