Axis Bank net up 22%
The total income of the lender increased by 27 per cent to Rs 8,280.29 crore during the July-September quarter, from Rs 6,510.89 crore over the same period last year.
The bank continues to show strong performance in terms of growth of net interest income (NII), fee income and operating revenue. With slower growth of operating expenses compared to revenue, the bankís operating profit and net profit have also shown healthy growth, Axis Bank said in a statement.
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