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Axis Bank's concall highlights pain in the economy

Updated : April 29, 2020 08:03 AM IST

Axis Bank mentioned that 10-11 percent of customers asked for moratorium and it formed 28 percent in value of the total loan book.
The bank expects COVID-19 impact on economy and financial sector to be long drawn and thus remains cautious in its approach.
Axis Bank's concall highlights pain in the economy

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