Axis Bank's profit rises 35% to â¹432 cr in September quarter
Axis Bank on Tuesday reported a profit of â¹432 crore for September quarter, a 35.51% year-on-year jump. The bank's net interest income (NII) or the core income a bank earns by giving loans rose marginally by 0.57% to â¹4,539 crore. However, its gross bad loans as a percentage of total loans rose to 5.9% from 5.03% in the previous quarter.