Mon, Oct 28, 2024
Axis Bank stated that the show-cause notice is being reviewed and that they will file responses with SEBI, citing requisite regulatory approvals for the transactions. In August, the Delhi High Court directed SEBI, RBI, and IRDAI to investigate the matter. Axis Bank acquired additional Max Life Insurance equity shares worth Rs 336 crore, increasing their stake to almost 20% from 19.02% after receiving insurance regulatory approval.
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Fri, Oct 18, 2024
As global brokerages remained bullish on the stock despite its weak Q2, the stock gained sharp momentum and rallied up to 4 per cent in intraday trade.
Wed, Oct 16, 2024
The country's leading private sector lender Axis Bank is set to release its quarterly results tomorrow. Zee Business research inputs suggest profit after tax (PAT) at the lender to grow by 8.5 per cent in the September quarter to Rs 6,366 crore.
Fri, Mar 11, 2022
Strengthening economic recovery and stable financial metrics will help state-owned banks have stable earnings during the next financial year, aided by the gradual unwinding of regulatory forbearance through the year, according to a report
Tue, Mar 08, 2022
Market expert and IIFL Securities Director Sanjiv Bhasin said that the market is massively oversold and capitulated and could soon see levels between 16700 - 16800.
Urban educated women's participation in the workforce still not at desired levels, Axis Bank has kicked off the 'HouseWorkIsWork' initiative, offering opportunities to those who want to rejoin the professional space.
Mon, Feb 14, 2022
Axis Bank has emerged as the frontrunner to buy Citi Bank's retail business in India, which is being valued at around Rs 250 crore.
Thu, Jan 27, 2022
Banking heavyweight Axis Bank shares surged almost 10 per cent in the last two sessions on the back of multiple triggers – robust Q3 numbers and global rating agency has also upgraded the outlook.
Wed, Jan 26, 2022
Brokerage firm ICICI Securities has maintained buy calls on Axis Bank, Dodla Dairy and Ramco Cements.
Tue, Jan 25, 2022
It had posted a profit of Rs 1,116.6 crore in the corresponding quarter last year.
Mon, Jan 24, 2022
India’s third largest private lender Axis Bank reported a net profit of Rs 3,614 cr for the quarter ended 31 December 2021 which was up 224 per cent on the Year-on-Year (YOY) basis while 15 per cent on the Quarteron-Quarter (QoQ) basis, it said in its filing to stock exchanges.
Tue, Dec 21, 2021
In October, applications were made to BSE and NSE for reclassification of The New Oriental Insurance Co to public category from promoter category.
Mon, Dec 20, 2021
Axis Bank on Monday said it will raise up to Rs 5,000 crore by issuing bonds.
Wed, Dec 08, 2021
Leading private sector lender Axis Bank on Wednesday said it signed a memorandum of understanding (MoU) with the Kolkata Police, offering a package with benefits and features under "Power Salute", a salary account designed for the personnel of the force.
Wed, Oct 27, 2021
The Indian markets gave up its intraday gain to close on a negative note on Wednesday. The BSE Sensex declined 206.93 points or 0.34 percent to close at Rs 61143.33; while Nifty50 tumbled 57.45 points or 0.31 percent to settle the day at Rs 18,210.95.
Despite reporting the highest ever profit in the second quarter of the financial year 2021-22 (Q2FY22), the banking major Axis Bank failed to woo investors, as the share price dipped around 7 per cent to Rs 786 per share on the BSE intraday trade on Wednesday.
Tue, Oct 26, 2021
Private bank major Axis Bank has declared the highest-ever quarterly profit during the second quarter of the financial year 2021-22 (Q2FY22) amid improved asset quality, limited restructuring.
Mon, Oct 25, 2021
Technical Analyst Nilesh Jain is bullish on certain banking stocks. He sees Nifty Private bank to test levels of 22,000 over a positional term basis. Jain, Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking recommends two stocks from the private banks’ segment
Wed, Oct 20, 2021
The shares of Sical Logistics Limited changed hands maximum time on Wednesday, as Axis Bank sold 9,48,888 equity shares in the company at Rs 17.73 per share on the NSE, as per the bulk deals data.
Tue, Oct 19, 2021
Axis Bank is offering waivers of 12 EMIs on select home loan products and providing on-road finance without any processing fee for two-wheeler customers, it said in a release
Bank Nifty topped 40,000 for the first time ever on Tuesday. The rally was led by Axis Bank and HDFC Bank in the early morning trade.
Fri, Oct 15, 2021
The extended three-year term would be effective from January 1, 2022, Axis Bank said in a regulatory filing.
Mon, Oct 11, 2021
According to a report by financial markets data provider Refinitiv, despite deal making scaling past a three-year-high level during the first nine months of the year at over USD 90 billion, investment bankers' advisory fees fell to USD 761.5 million during the period, the lowest in three years.
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