Shares of Axis Bank fell as much as 4.8% on Monday after the lender reported weaker-than-expected fourth-quarter earnings, weighed down by higher provisions and news of a $2 billion equity fundraise. The stock was trading 3.7% lower at ₹1,316 as of 10:27 a.m. IST, reflecting investor concerns over the bank’s near-term profitability outlook. The private […]Continue Reading
