Correct option is D
The correct answer is (d) 24%
Explanation:
In Q2 FY25, Axis Bank's operating profit increased by 24% year-on-year (YoY), reaching ₹10,712 crore, up from ₹8,632 crore in Q2 FY24.
Information Booster:
- Operating Revenue: Grew by 16% YoY and 5% quarter-on-quarter (QoQ).
- Operating Expenses: Growth moderated to 9% YoY, indicating improved cost efficiency.
- Net Interest Income (NII): Increased by 9% YoY, with a Net Interest Margin (NIM) of 3.99%.
- Fee Income: Rose by 11% YoY and 6% QoQ, with granular fees constituting 92% of overall fees.
- Profit After Tax (PAT): Grew by 18% YoY, reaching ₹6,918 crore.
English
100 Questions
100 Marks
90 Mins
