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Axis Bank gains 8% on better-than-expected June quarter earnings

In Q1FY21, the bank's gross non-performing assets (GNPA) were at 4.72 per cent, compared to 5.25 per cent in the year ago quarter and 4.86 per cent in the fourth quarter.

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Axis Bank | Buzzing stocks | Markets

SI Reporter  |  Mumbai 

Axis Bank
The highlight of the financial result was a sharp reduction in moratorium book during the quarter

Shares of surged 8 per cent to Rs 482.85 in the early morning trade on the BSE on Wednesday after the private sector lender reported a healthy set of April-June (Q1FY21) quarter numbers with a strong operational performance.

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First Published: Wed, July 22 2020. 09:29 IST
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