New Delhi, October 22
Axis Bank on Tuesday reported a net loss of Rs 112.08 crore on a standalone basis for the second quarter ended September of the current fiscal due to a one-time tax impact.
The private sector bank had posted a net profit of Rs 789.61 crore in the corresponding July-September quarter of the previous fiscal.
The net loss of Rs 112 crore for the quarter was driven by a one-time tax impact of Rs 2,138 crore due to changes in corporate tax rate, the bank said. — PTI
Asks Centre, states to file detailed replies by June 5, next...
Indicates preference for bilateralism over Trump’s mediation...
The telephonic conversations came just three days before the...
Johnson warns "there will be further local outbreaks"
Case to be handed over to National Investigation Agency