Page 9 of Axis Bank

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

Axis Bank head Amitabh Chaudhry, upi, upi payment, Freecharge

‘Meeting priority sector lending norms is a challenging task’

No one can make money in payments space, says Axis CEO

Updated: September 22, 2022 16:26 IST

Axis Bank, Axis Bank news, Axis Bank latest, Axis Bank CEO, banking

Interview | ‘Attrition in Citi portfolio well within expected zone, ‘ says Axis Bank MD & CEO Amitabh Chaudhry

The bank is in discussions with the RBI to ensure that the regulator is aware of and approves of the…

September 15, 2022 02:05 IST

MSME federation FISME cautions businesses against alleged unethical practices by Axis Bank

Credit and Finance for MSMEs: According to FISME, Axis Bank may levy fake claims in the name of ‘non-compliance charges’…

September 13, 2022 19:40 IST

fixed deposit premature withdrawal and closure rules

Premature withdrawal/closure of Fixed Deposit: SBI vs PNB vs Axis vs HDFC Bank rules, penalties

SBI, Axis Bank, PNB and HDFC Bank allow Premature withdrawal and closure of Fixed Deposit but on certain conditions.

Updated: September 11, 2022 16:16 IST

Axis Bank, Axis Bank PSL lending, Axis Bank PayNearby ties

Axis Bank ties up with PayNearby to boost PSL lending

PayNearby, which offers distribution-as-a-Service (DaaS), has a network of over 50 lakh micro-entrepreneurs. Axis Bank will leverage the network for…

September 8, 2022 01:15 IST

Axis Bank, Axis Bank news, Axis Bank lending profit, Axis Bank PSL book

Axis Bank aims to make priority sector lending profitable organically

“We want to grow PSL book in an organic manner. We want to meet the targets on our own. Otherwise,…

September 7, 2022 18:29 IST

Axis Bank partners with PayNearby to launch savings, current bank accounts for rural SMEs, customers

Credit and Finance for MSMEs: “The partnership will enable Axis Bank to extend its banking services to a huge customer…

September 7, 2022 15:35 IST

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