Axis Bank beats estimates, Q1 net profit surges 91% https://ift.tt/vh1kxn5 interest income, or the core income of the bank, rose 21% on year to ₹9,384 crore at the end of the June quarter versus ₹7,760 crore a year ago. The net interest margins rose 14 basis points to 3.60%. One basis point is 0.01%.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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