Axis Bank net up

Chennai, April 29 (IANS) Axis Bank on Wednesday said it had logged a net profit of Rs.7,357.82 crore in the last fiscal up from Rs.6,217.67 crore logged in 2013-14.

In its regulatory filing in BSE, the bank said the total income increased to Rs.43,843.64 crore during 2014-15 from Rs.38,046.38 crore earned during 2013-14.
The company’s board has recommended a divided of Rs.4.60 per share for the fiscal that went by.
The board also decided to seek shareholders approval to hike the FII/FDI limits to 74 percent of its paid-up equity capital from the current 62 percent.