First Loss Means Worst Is Over for Axis Bank as Shares Surge
Signage of Axis Bank seen at one of its branch in Bengaluru, India. (Photographer: Anirudh Saligrama/BloombergQuint)

First Loss Means Worst Is Over for Axis Bank as Shares Surge

(Bloomberg) -- Axis Bank Ltd. jumped the most since 2013 as an unprecedented recognition of bad loans prompted investors to overlook the Indian lender’s first-ever loss.
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