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Axis Bank Q2 profit jumps 86% as provisions slide

The bank’s net interest income (NII) — the difference between interest earned and interest expended — grew 7.84% to Rs 7,900 crore. The net interest margin (NIM), a key measure of profitability, fell seven basis points (bps) sequentially to 3.39%.

from The Financial Express https://ift.tt/3BhwGdS
https://ift.tt/eA8V8J FE Bureau

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