‘Axis Bank to continue with pre-Covid provisions’

In the last 12 months, Axis Bank has raised Rs 22,500 crore of equity. It has used Rs 6,898 crore to make excess provisions for the Covid crisis. In an interview with TOI, MD & CEO Amitabh Chaudhry speaks of how this enables the bank to take on pandemic risks and even grow its business this year.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3g7GpZC