Axis Bank is predicted to report an 8% increase in net profit for Q2 FY24, driven by a 10% rise in net interest income and a reduction in slippages on a sequential basis. Loan growth is expected at 11% year-on-year, while slippages are projected to increase by 29% year-on-year.
Policy stability, relief on STT and LTCG key to winning back FPIs: Sudip Bandyopadhyay
Foreign investors are pulling money from Indian markets. Experts urge India to rethink taxes like STT and LTCG. Policy consistency is also a major concern