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Axis Bank Q3 Net Profit rises 224% YoY

On Monday, private bank Axis bank posted a net profit of Rs. 3614 Cr. in Q3 FY 22. Its a 224% YOY compared to a profit of Rs. 1116 Cr. in Q3 FY 21. The lender posted a 15% growth in profit QoQ. Its Net Interest income (NII) rose 17% (YoY) to Rs. 8653 Cr. …

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