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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's gross advances increased by 22.7% year-on-year to Rs 13.846 lakh crore in Q2.
  • ·Total deposits for the bank saw a 20.7% rise, reaching Rs 14.521 lakh crore in Q2.
  • ·The bank reported FCNR(B) deposit mobilisation and a senior management resignation.
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