Global central banks, including the Federal Reserve, are expected to hold interest rates steady amid heightened political pressure and global economic uncertainty. Despite President Trump’s calls for lower rates, officials are prioritizing policy independence. Peers in Brazil, Canada, and Sweden may also maintain current settings, reflecting a unified stance on independence.
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