Axis Bank Q1 net profit surges 41% on higher business income https://ift.tt/Rhyf2N8 net interest income (NII), or core income, climbed 27% on year to ₹11,959 crore versus ₹9,384 crore in the same period last year. Net interest margin, or NIM, at 4.10% was up 50 basis points on year.
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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