BREAKING NEWS

BREAKING NEWS ""**Expected DA for Bank Employees from Aug 2024 MINIMUM 7 SLAB AND MAXIMUM 24 SLAB*****I *****

VISITOR FROM WORLD

Free counters!

YOU ARE VISITOR

Blog Archive

LIVE

BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Tuesday, July 25, 2017

Private sector lender Axis Bank posted 16 per cent fall in net profit

Private sector lender Axis Bank posted 16 per cent fall in net profit at Rs 1305.60 crore for the quarter ended June 30, against Rs 1,555.53 crore in the corresponding quarter last year.
Net interest income slipped 2.36 per cent YoY to Rs 4,616 crore during the quarter under review. It had reported NII of Rs 4728 crore in the same quarter a year ago.
The asset quality of the bank remained stable as gross non-performing assets (NPA) stood at 5.03 per cent as of June 2017 as against 5.04 per cent as of March 2017.
However, percentage of net NPA increased marginally to 2.30 per cent from 2.11 per cent QoQ.

No comments:

33.9 million Jobs: Good News! India plans to add 33.9 million jobs by 2028

33.9 million Jobs : India’s workforce is anticipated to expand from 423.73 million in 2023 to 457.62 million by 2028, adding a net gain of a...

script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js">