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…