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VERIFIEDET Markets·neutral

Axis Bank shares in focus after Q2 biz update shows 23% rise in gross advances to Rs 13.8 lakh crore

AI Summary
  • ·Axis Bank reported a 22.7% year-over-year rise in gross advances to Rs 13.846 lakh crore in Q2.
  • ·Total deposits for the bank grew 20.7% to Rs 14.521 lakh crore.
  • ·The bank also disclosed FCNR(B) deposit mobilisation and a senior management resignation.
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