Muted growth, higher slippages & credit costs weigh on Axis Bank

January 17, 2025

Axis Bank on Thursday reported a tepid rise in its December quarter profits on the back of weak business growth, increased slippages and higher credit costs. The bank’s profit rose 4% on year to ₹6,304 crore, largely in line with expectations.

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IndusInd to provide for Rs 1,960 cr losses in Q4, to take action against staff

Appointed firm submitted its report on April 26, determining that the cumulative adverse impact on the bank’s profit and loss account stood at ₹1,959.98 crore

April 28, 2025

Ather Energy plans Rs 2,626 crore IPO to expand production and reduce debt

Ather Energy plans to raise ₹2,626 crore through an IPO to fund expansion and R&D, while offering ₹355 crore in an offer for sale. Despite

April 28, 2025

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