Axis Bank Q2 net jumps 86% to ₹3,133 crore
The Hindu
Net Interest Income (NII) grew 8% yoy to ₹7,900 crore. Specific loan-loss provisions stood at ₹927 crore (₹2,865 crore).
Axis Bank Ltd. reported second quarter standalone net profit jumped 86% to ₹3,133 crore.
Net Interest Income (NII) grew 8% yoy to ₹7,900 crore. Specific loan-loss provisions stood at ₹927 crore (₹2,865 crore).
The Bank said it has not utilised COVID provisions during the quarter. It holds cumulative provisions (standard + additional other than NPA) of ₹12,951 crore at the end of Q2FY22.
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