Axis Bank, India’s third largest private sector bank, has organized a ‘coin and note exchange Mela’ at Mokokchung Branch in Nagaland. The camp was organized for the benefit of the business houses and publics of Mokokchung.
The bank’s net profit for first quarter ended June 30, 2014 rose by 18.29% at Rs 1666.76 crore as compared to Rs 1408.93 crore for the quarter ended June 30, 2013. Its total income increased by 10.17% to Rs 9980.47 crore for the quarter under review from Rs 9059.12 crore for the corresponding quarter of the previous year.
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