Axis Bank's December quarter profit jumps 25% to â¹726 crore
Private sector lender Axis Bank's profit during the December quarter grew by 25.3% year-on-year to â¹726.4 crore. The net interest income, or the core income a bank earns by giving loans, grew by 9.2% to â¹4,732 crore. The bank's asset quality improved during the quarter as gross bad loans declined to 5.28% from 5.90% in the previous quarter.