Axis Bank’s balance sheet growth is not powering its profits yet

Aparna Iyer • January 23, 2024 / 18:50 IST

Even as the heat on deposits is on, Axis Bank is aiming to expand its branches, just like its peers to keep up the fight to garner deposits. This and spending on tech, along with general employee expenses, has been a big drag on profits

Axis Bank struggles with operating expenses

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