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MUMBAI: India's No. 3 private lender, Axis Bank , reported a higher-than-expected 25 percent rise in second-quarter profit on Saturday.
The bank said its net profit in the quarter ending September rose to 9.2 billion rupees ($184.6 million) from 7.35 billion rupees a year ago.
A Reuters poll had projected net profit at 9.1 billion rupees
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