Bloomberg Axis Bank Ltd.’s quarterly profit jumped 62% and topped estimates amid robust growth in lending and improved margins. Net income climbed to 58.5 billion rupees ($719 million) in the third quarter, compared with 36.1 billion rupees a year ago, according to a statement on Monday. That beat the average estimate of 53.4 billion rupees by analysts in a Bloomberg ...

  Bloomberg Argentina and Brazil are in the preliminary stages of renewing discussions on forming a common currency for financial and commercial transactions, reviving an often-discussed plan that would face numerous political and economic hurdles. South America’s two largest economies have considered options to coordinate their currencies for decades, often to counter the influence of the dollar in the region. ...

  Bloomberg India’s largest private lender is expecting a calmer year for bond yields in 2023, which will make it harder for traders to prosper after global volatility seen last year. With the end of the rate-hike cycle near, there should be much more stability in yields, with large volatility likely behind us and the amplitude of future swings much ...