Axis Bank cuts PLR by 25 bps, stock up 3%
At 10:03 am, Axis Bank was quoting at Rs 998, up Rs 31, or 3.21% on the NSE. The bank has decreased PLR by 25 bps and Mortgage Reference Rate (MRR) by 50 bps. It was trading with volumes of 20,446 shares. Yesterday the share closed down 2.38% or Rs 23.60 at Rs 967.