Categories: Business

Axis Bank Q4FY26 net profit marginally down at Rs 7071 crore on prudential provisions

Axis Bank’s Q4 FY26 net profit dipped slightly to Rs 7,071 crore, impacted by higher provisioning and lower trading gains. Despite this, core interest income saw steady growth, fueled by a significant 19% rise in net advances, particularly in corporate and SME segments. The bank also reported improved asset quality and strong capital adequacy ratios.

The News Vista

Share
Published by
The News Vista

Recent Posts

‘Football belongs to the fans’: Ronaldo reacts after winning Ballon d’Or of All Time

Cristiano Ronaldo thanked fans for recognizing his phenomenal 2008 season as the greatest, where he…

1 hour ago

Open Channels FM: Mistral LeChonk, Open-Source Windows Tools, and Rethinking the Internet’s Platforms

LeChonk’s debut, open-source Windows projects, and Wired’s take on digital control shape today’s tech news…

2 hours ago

‘This is not a drama’: Israeli agency had illegal funds intel; didn’t share info

The inquiry follows an order from Central Elections Committee (CEC) chairman Justice Noam Sohlberg, who…

2 hours ago

World War bombs still haunt Europe as Italy finds 250 munitions in melting glaciers

The melting glaciers of Italy's Dolomites are revealing World War I unexploded munitions, drawing attention…

2 hours ago

She fasted for husband’s long life on Karwa Chauth, he kills her with pestle

In a tragic turn of events, Anand allegedly took the life of his wife Madhu…

2 hours ago