Axis Bank second-quarter profit rises about 36 percent

REUTERS - Axis Bank Ltd , India's third-biggest private sector lender by assets, said on Tuesday second-quarter net profit jumped by about 36 percent, as provisions for bad loans eased from a year earlier.

Net profit rose to 4.32 billion rupees ($66.56 million) for the quarter ended Sept. 30. http://bit.ly/2ywaKzd

Provisions and contingencies fell about 13 percent to 31.40 billion rupees.

($1 = 64.9000 Indian rupees)

(Reporting by Samantha Kareen Nair in Bengaluru; editing by Edwina Gibbs and Jason Neely)