Business Finance

Axis Bank Shares Rise Despite Profit Drop

By BPN News Desk
Axis Bank reported a 26 % year-on-year drop in net profit for Q2 FY26, down to ₹5,090 crore. The decline was driven by a sharp rise in provisions, including a one-time ₹1,231 crore standard asset provision linked to discontinued crop loans. Core performance shows resilience Despite the earnings hit, the bank’s core business held steady. […]
International

Bangladesh Financial System Faces Deep Crisis

By BPN News Desk
Bangladesh is grappling with a severe financial crisis as loan defaults surge across banks and non-bank institutions. According to central bank data, defaulted loans had reached about Tk 6 lakh crore by June 2025. Analysts warn that when hidden defaults—those under court proceedings, write-offs, or stay orders—are fully accounted for, the total could approach Tk […]

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