Axis Bank
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Angel Broking upgrades Axis Bank to ‘Buy’, raises target price to Rs 630; 5 reasons why
Axis Bank has been able to outpace the industry growth delivering 19 per cent CAGR in loan book over FY12-16.
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Axis Bank launches India’s first certified green bond at LSE
Axis Bank today raised $ 500 million at the London Stock Exchange after it launched India’s first internationally-listed certified green bond to finance climate change solutions around the world.
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Axis Bank share price rises to 9-month high after RBI raises FII limit
Axis Bank share price rallied as much as 2.69 per cent intra day on Wednesday and hit their highest level of Rs 529.50 since August 21, 2015
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RBI lets Axis Bank raise foreign shareholding to up to 62%
Reserve Bank has allowed Axis Bank to raise foreign shareholding to up to 62 per cent, from the earlier limit of 49 per cent.
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Axis Bank prices $ 500 million maiden green bonds at 2.87 pc
Private sector lender Axis Bank today said it has raised $ 500 million from global investors by selling its maiden green bonds.
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Axis Bank’s debut green bond may be priced at 160 bps above five-year US Treasury yield
Axis Bank is likely to price its debut green bond close to 160 basis points above the five-year US Treasury yield, according to sources aware of the development.
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CCEA to decide Axis Bank’s Rs 12,973 cr foreign investment proposal
The Cabinet Committee on Economic Affairs will take a final call on the Rs 12,973-crore foreign investment proposal of Axis Bank, the Finance Ministry said today.
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Axis Bank net falls as provisions soar
Axis Bank on Tuesday reported a year-on-year fall of 1.2% in its net profit for the March quarter at R2,154.28 crore primarily due to a 65% surge in provisions.
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Axis Bank disappoints as net slips 1 per cent, warns of more pain in Q1
Axis Bank, the third largest private sector lender, today negatively surprised the markets with a 1 per cent drop in March quarter profit at Rs 2,154 crore on higher provisions and it proactively set aside money in a buffer expecting a deterioration in asset quality in future.
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8 stocks that remained in focus today: Shilpa Medicare, Bajaj Corp and more
Shilpa Medicare stocks closed 17.65 per cent up at Rs 514.70 after it received GMP compliance certificate from the Japanese health regulator, PMDA, for its two active pharmaceutical ingredient (API) plants in Karnataka.
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Axis Bank cuts MCLR, trims base rate by 5 bps
Axis Bank on Tuesday announced a lower marginal cost of lending rates (MCLR), aligning it closer with the rates of competitors such as HDFC Bank and ICICI Bank.
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Axis Bank lowers lending rate by 15 bps to 8.95%
Axis Bank, the third largest private sector lender, today announced a cut in its lending rate by 0.15 per cent to bring it at par with its larger rivals.
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Buy rating on Axis Bank; Splitting Axis Bank into good bank and bad bank
The corporate book facing stress, however, warrants higher valuation multiples than public sector banks
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Banks may see rise in bad loans in Q4, shares fall
The 10-share index BSE Bankex dipped as much as 2 per cent on Tuesday after the State Bank of India, chairman, Arundhati Bhattacharya said bad loans of the bank are expected to surge in the coming quarter, which may hit its profitability.
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Home loans offer silver lining for India’s banks as corporate loans languish
Banks, struggling to boost mainstay corporate loans, are finding a bright spot in a home-buying spree in the country’s towns that has driven mortgage-loan growth to the fastest rate in at least six years.
