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Axis Bank Q2 Results Preview: Profit Likely To Decline 16% On Rising Provisions; Margin Expected To Contract

Axis Bank Q2 Results Preview: Profit Likely To Decline 16% On Rising Provisions; Margin Expected To Contract

Axis Bank will be the first major lender to report September-quarter results on Oct. 15, marking the start of the banking earnings season. The lender is expected to post a 15.6% year-on-year drop in net profit to Rs 5,838 crore as margins contract and provisi…

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