Axis Bank Stock Rebounds Despite Posting Surprise Loss In March Quarter

Axis Bank Stock

Gold Silver Reports (GSR) – Axis Bank Stock Rebounds Despite Posting Surprise Loss In March Quarter – Shares of the Mumbai-based private sector lender rose as much as 5.88 percent, the most in over two months, to Rs 522.80. Axis Bank reported its first ever quarterly loss since listing as the bank accelerated recognition of bad loans, leading to a surge in provisions.

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Axis Bank Stock Rebounds Despite Posting Surprise Loss In March Quarter via @goldsilverrepor