Facing Margin Pressure, Axis Bank Ups Loan Rates By 5 Basis Points
People walk past a branch of Axis Bank Ltd. on Mahatma Gandhi Road in Gangtok, India (Photographer: Prashanth Vishwanathan/Bloomberg)  

Facing Margin Pressure, Axis Bank Ups Loan Rates By 5 Basis Points

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In a surprise move, the third largest private sector lender Axis Bank, which has been facing pressure in the past quarters, today hiked its lending rates by a marginal 0.05 percent.The move to incr...
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