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ICICI Direct: Axis Bank’s Adequate Provisions Offer Comfort On Q2 Earnings Trend

Axis Bank’s net interest income, or core revenue, rose 20% year-on-year to Rs 7,326 crore in the July-September quarter.

People walk past a branch of Axis Bank Ltd. on Mahatma Gandhi Road in Gangtok, India. (Photographer: Prashanth Vishwanathan/Bloomberg)  
People walk past a branch of Axis Bank Ltd. on Mahatma Gandhi Road in Gangtok, India. (Photographer: Prashanth Vishwanathan/Bloomberg)  
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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