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.

On December 23, the newly elected office bearers of the Anna Nagar Towers Club, led by its president ‘Purasai’ B. Ranganathan, who is a former MLA, met with Tamil Nadu Chief Minister M. K. Stalin and conveyed their greetings. According to a press release, besides, ‘Purasai’ B. Ranganathan, the Anna Nagar Towers Club delegation that met Stalin at Anna Arivalayam, the DMK Party headquarters, included vice-president R. Sivakumar, secretary R. Muralibabu, joint secretary D. Manojkumar, treasurer K. Jayachandran and executive committee members N. D. Avinash, K. Kumar, N. R. Madhurakavi, K. Mohan, U. Niranjan, S. Parthasarathi, K. Rajasekar, S. Rajasekar, M. S. Ramesh, R. Satheesh, N. C. Venkatesan and K. Yuvaraj. Karthik Mohan, deputy secretary of DMK’s Information Technology Wing, was present on the occasion.












