
Bank’s core operating profitability is estimated to improve
Axis Bank shares have risen 24% in past 6 months and nearly 50% in past 5 years. The shares touched…
SGX Nifty hints at a positive opening for benchmark indices BSE Sensex and NSE Nifty 50 amid strong global cues.…
Focus now is on merger of Max FS and Max Life; Axis to play a crucial role
Benchmark indices BSE Sensex and NSE Nifty 50 stare at a positive start, hints SGX Nifty. Reliance Industries (RIL), Adani…
The penalty on Max Life Insurance was for violation of IRDAI’s direction, misrepresentation to obtain approval, and contravention of share…
Rajiv Anand, deputy managing director, Axis Bank, tells Shashank Didmishe and Joydeep Ghosh that going forward, there will be capex demand from the 5G…
Indian share markets have been volatile over the past few sessions and analysts see persistent volatility going forward as well.
After the completion of merger, Axis Bank will require 18 months for the complete takeover of customers and shift of…
ICICI Bank had started increasing its branches in the rural and semi-urban locations even before the pandemic, as the lender…
Bank wants to focus on delivering a better customer experience
The Specified Undertaking of the Unit Trust of India (SUUTI), under the union government, plans to sell 4.65 crore shares…
With this stake sale, the government will no longer hold any stake in the private sector lender through SUUTI. However,…
The sharp growth in loans has been due to demand for retail credit and increase in working capital demand among…
Currently, three affiliates of Bain Capital together hold a stake of around 4.27% in Axis Bank.
NIM expanded by 36 bps sequentially to 3.96% in second quarter
The country’s third largest private sector lender had posted a net profit of Rs 3,133.32 crore in the year ago…
In other brackets, Axis Bank is offering loans in the range of 8.15-8.30% for smaller maturities and 8.45-8.50% for longer…
The investment is proposed to be made in two tranches, by subscribing to equity shares of the online insurer, for…
PS Toll Road Pvt Ltd (PSTR), a subsidiary of RInfra, had alleged that the lender was bound by its unconditional…
The number of credit card transactions grew 28% YoY in August to 24.5 crore, while in value terms, transactions grew…
Samsung Axis Bank Credit Card will come in two variants – Visa Signature and Visa Infinite.
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