Axis Bank Q3 profit more than doubles to â¹1,681 crore 
Private lender Axis Bank on Tuesday reported 131% year-on-year rise in its profit at â¹1,681 crore for the December quarter, beating estimates. The rise was boosted by higher net interest income which rose 18% to â¹5,604 crore. The lender reported an improvement in its asset quality with gross bad loans dipping to 5.75% as against 5.96% in the previous quarter.