Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2009-10-14

SMEs contribute 16% of the Axis Bank profit

Axis Bank Ltd said its September quarter net profit rose 31.95% to Rs 531.64 crore, from Rs 402.91 crore a year ago. High fee income and loan growth are the major contributors to the profit.

Axis Bank Ltd said its September quarter net profit rose 31.95% to Rs 531.64 crore, from Rs 402.91 crore a year ago. High fee income and loan growth are the major contributors to the profit.

 

Fee income from large and medium-sized corporate credit grew 50%, from treasury by 35%, from business banking by 22%, from small and medium enterprises and agri lending businesses by 16%, and from the retail business by 10%.

 

Shares of Axis Bank, the country’s third largest private sector lender, rose 1.66% to Rs1,012.75 each on the Bombay Stock Exchange on Monday.

 

Related opportunities
  • Activity Centres, Day Care & Creches
    About:Totsfree was started in the year 2011 to offer a..
    Locations looking for expansion Maharashtra
    Establishment year 2011
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Laziz opens 100+ Stores across India in 2017 LAZIZ  PIZZA ™..
    Locations looking for expansion Maharashtra
    Establishment year 2010
    Franchising Launch Date 2012
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Kolhapur Maharashtra
  • Casual dine Restaurants
    About:A venture of Bombay Hospitality, Vedge was ..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 50lac - 1 Cr.
    Space required 2000 sq ft - Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Pizzeria
    Own the American Dream In India with U.S.PizzaAs an international..
    Locations looking for expansion Karnataka
    Establishment year 1998
    Franchising Launch Date 2002
    Investment size Rs. 30lac - 50lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities