Axis Bank may face P&L hit in Q4 on Citi India retail buyout

Analysts say that since the lender would also have a post-integration expense of ₹1,500 crore expensed over 18 months, the deal will only be profit accretive at the end of the calendar year 2024.

from Banking/Finance-Industry-Economic Times https://ift.tt/PhkO7RL