Axis Bank Q3 Results: Higher Operating Expenses Weigh On Profit

Net interest income, or core income, rose 9.4% year-on-year to Rs 12,532 crore.

An Axis Bank branch in Mysore. (Source: Axis Bank's Facebook page)

Private sector lender Axis Bank Ltd. saw its net profit rose 3.7% year-on-year for the third quarter of fiscal 2024, though it was weighed down by a rise in operating expenses.

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