Axis Bank announces 160% surge in profit after tax for FY24
Axis Bank Limited, a major player in the Indian banking sector, has reported a remarkable financial performance for the fiscal year ending March 31, 2024. The bank’s profit after tax (PAT) surged by 160% year-over-year (YoY) to ₹24,861 crores, supported by strong growth in both deposits and loans, which increased by 13% and 14% respectively. […]