October 17, 2026
Business

Axis Bank’s rising costs, FCNR inflows squeeze Q2 margins(Soban News)

Axis Bank’s Q2FY27 net profit rose 38% year-on-year to ₹7,003 crore, supported by lower provisions and strong loan growth. The lender expects credit demand to remain robust and sees potential to monetize digital payments through Freecharge.

​Axis Bank’s Q2FY27 net profit rose 38% year-on-year to ₹7,003 crore, supported by lower provisions and strong loan growth. The lender expects credit demand to remain robust and sees potential to monetize digital payments through Freecharge. by Soban News (international And National News)

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