Today, the share price of Axis Bank plummets by 4%. What's wrong with the private lender?

One of the biggest private sector lenders in India, Axis Bank, saw significant selling pressure on Tuesday, December 16, following management remarks that suggested a two-quarter delay in the recovery of net interest margins.

One of the biggest private sector lenders in India, Axis Bank, saw significant selling pressure on Tuesday, December 16, following management remarks that suggested a two-quarter delay in the recovery of net interest margins.