Axis Bank Ltd (AXBK.NS)
MUMBAI - Axis Bank Ltd, India's third-biggest private sector lender by assets, reported a better-than-expected 19 percent increase in quarterly profit even as bad loans rose.
MUMBAI, July 24 - Axis Bank Ltd, India's third-biggest private sector lender by assets, reported a better-than-expected 19 percent increase in quarterly profit even as bad loans rose.
** Bank reports on Wednesday 18 pct rise in January-March earnings and said expects growth in bad loans to slow this financial year
MUMBAI - India's Axis Bank expects growth in its bad loans to slow in this financial year, it said on Wednesday as it reported quarterly profit up by a fifth.
* Bad loans stable against previous quarter (Recasts, adds detail, CFO comment)
* Exec says has loan restructuring pipeline of about 5 billion rupees
MUMBAI, April 29 - Axis Bank Ltd, India's third-biggest private sector lender by assets, reported on Wednesday a better-than-expected 18.4 percent increase in quarterly net profit, ahead of analysts' estimates.
MUMBAI, April 24 - State Bank of India's plan to raise up to 150 billion rupees ($2.4 billion) via a share sale will now likely take place in June instead of April due to a fall in the lender's stock price, three sources directly involved in the process told Reuters.
* Executive says talking to potential partners including Suvidhaa for payments bank stake. Further company coverage: (Reporting by Devidutta Tripathy)