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.
Tue, Apr 21, 2020
Stock Market Today: BSE Sensex crashed 781 points and hit 30,866 levelks while the NSE Nifty went down 227 points to 9,033 levels. Bank Nifty went down 683 points to 19,838 levels.
Fri, Apr 17, 2020
Stock Market Today: BSE Sensex shot up 986 points and closed at 31,588 levels while the NSE Nifty index gained 273 points and closed at 9,266 levels.
Thu, Apr 09, 2020
Atal Pension Yojana (APY): On account of 69 lakh new enrollments in FY 2019-20, the total number of Atal Pension Yojana subscribers has crossed 2.23-crore mark in FY 2019-20.
Sat, Apr 04, 2020
In Coronavirus lockdown, SBI customers need not worry about this cash crisis. SBI doorstep banking service is there to solve the cash crisis of its customers.
Fri, Mar 27, 2020
Rate cut will not have any big impact immediately because high-interest rate is not an issue today, Axis Bank MD & CEO Amitabh Chaudhry told Zee Business Executive Editor Swati Khandelwal; actual problem is that several borrowers are in trouble as economic activity has stopped in many industries and they need a moratorium and additional working capital, he said
Wed, Mar 25, 2020
There will be a cash flow issue for both the people at large and the industry during the coronavirus lockdown period, Axis Bank Amitabh Chaudhry, MD and CEO said; country's financial system and the government will have to collectively do something for them, he adds
Mon, Mar 23, 2020
Giving relief to its customers, Axis Bank has waived off all charges for savings account, current account and prepaid card customers (wherever applicable) towards online IMPS and financial and non-financial ATM transactions between March 23 and March 31 (both dates inclusive).
Due to Coronavirus lockdown bank account holders will find it difficult to visit bank ATMs. But relief is here! Many big banks including SBI, HDFC Bank, Axis Bank and Kotak Mahindra Bank give this facility to their customers
Fri, Mar 06, 2020
On account of weak global cues due to the Coronavirus spreading around 78 countries and RBI's move on Yes Bank, Indian indices fell today.
Mon, Feb 24, 2020
Strategic partnership likely to benefit Max Financial more, market expert Nilesh Jain says; advises wait and watch strategy for investors
Fri, Feb 21, 2020
Axis Bank debit card and credit card owners have a great opportunity to get a discount of up to 15 per cent at Amazon Pantry Saturday Saver offer.
Thu, Feb 20, 2020
Stocks in Focus on February 20: Axis Bank, Tata Power, SBI, HDFC Bank to telecom stocks are expected to remain newsmakers throughout the intraday trade session.
Thu, Jan 23, 2020
Significantly, Axis Bank shares can give a whopping 30 per cent returns to stock market investors in one year time horizon, say experts.
Wed, Jan 22, 2020
Axis Bank net interest income went up 15% on-year to Rs 6453 cr and its Net Interest Margin (NIM) was up by almost 3.6%
In long-term bank fixed deposits, Yes Bank is a clear winner while in short-term band FD interest rate, there isn't much difference among all banks.
Thu, Jan 16, 2020
Axis Bank preferred stock for Budget 2020. Siddharth Sedani says Axis Bank's interest income may grow 19%. Loan growth for Axis Bank to be higher by 4%-5% of industry average going forward
Wed, Jan 01, 2020
Axis Bank chart shows attractive upside movement and the counter may break its upper range of Rs 810 in next one to two months, say experts.
Stock Market: At the beginning of New Year 2020, the Indian share market looks more polarised than its fractious politics!
Fri, Nov 22, 2019
Stock Market News: Shares of SBI, Axis Bank, HDFC Bank, Kotak Mahindra Bank, ICICI Bank and IndusInd Bank will play a major role in pulling Bank Nifty up to 32,000 levels.
The stock market of India had to witness selloff triggered by weekend profit-booking the share market investors. The BSE Sensex shed 215 points and closed at 40,359 levels while the Nifty-50 index dipped 54 points and closed at 11,914 levels.
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