Axis Bank Limited Sponsored GDR RegS (NSE:AXISBANK) reported double-digit Q2 net profit growth—management cited a 16–26% YoY rise—while the bank confirmed LIC’s Mini Ipe resigned as non-exec director effective July 29, 2026, thanking her for her contributions.
Previous Week Recap
- Axis Bank GDR Rises Profit: Axis Bank GDR (AXISBANK) posted double-digit YoY net profit growth in Q2, management citing a 16–26% rise, highlighting stronger private-sector bank earnings that quarter.
- LIC Withdraws Mini Ipe: LIC withdrew Mini Ipe as non-exec director of Axis Bank (AXISBANK) effective July 29, 2026; Axis acknowledged her departure and thanked her contributions.
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