"Total income has increased to Rs 12,001.01 crore during the quarter under review, from Rs 10,549.97 crore earned a year ago," Axis Bank said in a regulatory filing.

The asset quality of the bank, however, slipped a tad as gross non-performing assets (NPAs) or bad loans rose to 1.38 percent of gross advances as of September 2015 as against 1.34 percent a year ago.
Likewise, net NPAs as a percentage of net advances during the second quarter stood at 0.48 per cent as against 0.44 percent.
Further, the bank said that during the ensuing quarter it acquired the entire share capital of Axis Securities Europe Ltd for a consideration of Rs 19.02 crore from Axis Capital Ltd, a wholly-owned subsidiary of the Bank.
The bank's shares were trading at Rs 523.60, up 0.47 percent on BSE in late afternoon trade.


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