Mumbai, April 22 : Axis Bank, India's third largest private sector lender, said Friday 23rd April its net profit soared 33 percent to Rs. 1,020 crore in the fourth quarter of 2010-11 on higher earnings from loan advances.
For the fiscal year ended March 31, the bank's net profit zoomed 35 percent to Rs. 3,388 crore as against Rs. 2,515 crore in the previous year, Axis Bank said in a statement.
The bank's net interest income grew 31 percent and fee income rose 30 percent in fiscal 2010-11.
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