Axis Bank’s June quarter net profit declined by 4% to ₹5,806 crore, falling short of estimates due to increased provisions and sluggish business income. Net interest income remained flat, and net interest margin contracted. Asset quality deteriorated, with a rise in gross non-performing assets and slippages, partly attributed to changes in technical recognition criteria.
Mark Mobius, pioneer of emerging markets investing, dies at 89
Mark Mobius, a pioneer of emerging markets investing, has died at 89. Known for decades at Franklin Templeton Investments, he championed opportunities across developing economies,
April 15, 2026