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Strong business trends lift private bank shares to new highs
Axis Bank shares hit record highs following a robust business update, supported by loan growth, deposit strength, and stable asset quality.
Shares of Axis Bank touched record levels after the lender reported a strong quarterly business update. Healthy loan growth, steady deposit mobilisation, and stable asset quality trends as key positives. The market reaction reflects broader confidence in private sector banks amid improving credit demand. Investors are now awaiting detailed earnings data to assess margins and credit costs.