UPDATE 1-India’s Axis Bank posts first ever loss in Q4 on higher provisions
25 Apr UPDATE 1-India’s Axis Bank posts first ever loss in Q4 on higher provisions
Posted at 13:09h
in
News
by KMFSLLP
April 26 (Reuters) – Axis Bank Ltd, India’s
third-biggest private sector lender by assets, reported a
surprise fourth-quarter loss on Thursday, hit by a rise in
provisions for bad loans.
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