Axis Bank

Axis Bank News

Rating: buy; Axis Bank: Focus on key objectives

Bank’s core operating profitability is estimated to improve

January 27, 2023 12:45 IST

Axis Bank shares fall over 2% on profit booking after strong Q3 performance; Should you buy, hold or sell?

Axis Bank shares have risen 24% in past 6 months and nearly 50% in past 5 years. The shares touched…

January 24, 2023 13:06 IST

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Axis Bank, Maruti Suzuki, Wipro, IDBI Bank, TVS Motor Company, Nykaa, HDFC AMC, Tata Coffee stocks in focus

SGX Nifty hints at a positive opening for benchmark indices BSE Sensex and NSE Nifty 50 amid strong global cues.…

January 24, 2023 07:18 IST

Rating: buy; Max-Axis – Deal of uncertainty

Focus now is on merger of Max FS and Max Life; Axis to play a crucial role

January 16, 2023 00:40 IST

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Reliance, Adani Ports, Axis Bank, PC Jeweller, NTPC, Tata Motors, Bank of Baroda stocks in focus

Benchmark indices BSE Sensex and NSE Nifty 50 stare at a positive start, hints SGX Nifty. Reliance Industries (RIL), Adani…

January 11, 2023 07:10 IST

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Axis Bank enters into revised pact with Max Fin Serv for acquiring additional 7 per cent stake in Max Life

The penalty on Max Life Insurance was for violation of IRDAI’s direction, misrepresentation to obtain approval, and contravention of share…

January 10, 2023 19:47 IST

‘Capex demand will come from 5G ecosystem, renewables and EVs’?

Rajiv Anand, deputy managing director, Axis Bank, tells Shashank Didmishe and Joydeep Ghosh that going forward, there will be capex demand from the 5G…

December 21, 2022 07:24 IST

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Nifty, Sensex tank 1% amid recession fears; ICICI Bank, SBI among JM Financial’s 2023 stock picks

Indian share markets have been volatile over the past few sessions and analysts see persistent volatility going forward as well.

Updated: December 20, 2022 14:06 IST

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Acquisition of Citibank India might get pushed to May: Axis Bank’s MD

After the completion of merger, Axis Bank will require 18 months for the complete takeover of customers and shift of…

December 2, 2022 01:05 IST

Axis Bank eyes rural pie; ICICI Bank, HDFC Bank lead

ICICI Bank had started increasing its branches in the rural and semi-urban locations even before the pandemic, as the lender…

November 29, 2022 00:15 IST

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Axis Bank Rating: Buy | Committed to compete with banks

Bank wants to focus on delivering a better customer experience

November 28, 2022 02:30 IST

Axis Bank shares decline 3.3 per cent in early trade

The Specified Undertaking of the Unit Trust of India (SUUTI), under the union government, plans to sell 4.65 crore shares…

Updated: November 10, 2022 13:21 IST

The shares will be priced at Rs 830.63 apiece, which brings the total value of the sale to nearly Rs 4,000 crore.

Govt to shed entire SUUTI stake in Axis Bank

With this stake sale, the government will no longer hold any stake in the private sector lender through SUUTI. However,…

November 10, 2022 03:30 IST

Banks may face liquidity crunch as loans outpace deposits

The sharp growth in loans has been due to demand for retail credit and increase in working capital demand among…

November 8, 2022 03:30 IST

Bain to sell 1.24% in Axis Bank for around Rs 3,400 cr

Currently, three affiliates of Bain Capital together hold a stake of around 4.27% in Axis Bank.

Updated: November 1, 2022 09:07 IST

Also, sustained efforts need to be made to drive ‘cost to assets’ below 2% in the medium term.

Axis Bank Rating: Buy | Retail engine needs to be accelerated

NIM expanded by 36 bps sequentially to 3.96% in second quarter

October 24, 2022 03:00 IST

On asset front, there was improvement with the gross non-performing assets falling to 2.50 per cent of the gross advances as of September 30, 2022 from 3.53 per cent by year-ago same period.

Axis Bank net profit jumps 70 pc at Rs 5,330 crore in July-Sep quarter

The country’s third largest private sector lender had posted a net profit of Rs 3,133.32 crore in the year ago…

Updated: October 20, 2022 17:55 IST

Axis Bank hikes MCLR by 25 bps

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…

October 19, 2022 00:05 IST

Axis Bank to buy close to 10% stake in Go Digit Life

The investment is proposed to be made in two tranches, by subscribing to equity shares of the online insurer, for…

September 28, 2022 07:28 IST

Toll project: Delhi HC to hear RInfra arm plea against Axis Bank

PS Toll Road Pvt Ltd (PSTR), a subsidiary of RInfra, had alleged that the lender was bound by its unconditional…

Updated: September 28, 2022 07:28 IST

Axis Bank, Samsung launch cashback credit card

The number of credit card transactions grew 28% YoY in August to 24.5 crore, while in value terms, transactions grew…

September 27, 2022 02:00 IST

Samsung partners with Axis Bank to launch credit card service in India; to offer exclusive rewards, discounts to customers

Samsung Axis Bank Credit Card will come in two variants – Visa Signature and Visa Infinite.

September 26, 2022 15:40 IST

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