Economists anticipate the Reserve Bank of India (RBI) will introduce more money into the financial system. With inflation expected to rise, interest rates are likely to stay the same in upcoming policy meetings. This means attention will shift to how much money the RBI will add and when it will do so.
Axis Bank Q3 results: PAT rises 3% YoY to Rs 6,490 crore, NII grows 5%
Axis Bank announced its December quarter results. The bank’s standalone net profit saw a 3% increase, reaching Rs 6,490 crore. Interest income also grew by