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, Apr 12, 2019
The BIAL, owned by Fairfax which holds more than 50% stake, has raised the fund from through loans from State Bank of India and Axis Bank.
Thu, Apr 11, 2019
All private and public banks, approved by the Reserve Bank of India, can offer the IMPS for their customers.
Wed, Apr 10, 2019
Axis Bank has been a bull stock on Sensex. It also touched an all-time high of Rs 788.55 per piece by March 2019 end. The bank has given over 44% return in 1 year's time.
Tue, Apr 09, 2019
FDs are most traditional form of investment offered by banks and other financial institution. In FD, you can park your money with bank and earn interest rates on their saving from the bankers.
Sun, Apr 07, 2019
Bank ATM Transaction Charges: ATM withdrawals and deposits are not free of cost. When you make a transaction at ATMs, banks make you pay a certain amount for each transaction.
Fri, Apr 05, 2019
Angel iTrade vs Axis Trade at 20: Heating up the highly competitive discount-broking market for securities, stockbroking firms Axis Direct and Angel Broking recently came up with new products.
Wed, Apr 03, 2019
Macquarie highlights that ICICI and Axis have similar exposures in investors portfolio. On the other hand, Axis Bank’s price to book-value is almost close to HDFC Bank.
Thu, Mar 28, 2019
In March 2019, FIIs have invested around Rs 30,000 crore in the Indian equity market. Out of this equity investment, around 50 per cent have gone to the banking stocks.
Fri, Mar 22, 2019
Axis Bank is bullish from both fundamentals and technical perspective. Experts say the counter may show Rs 894 levels in two to three month, 18% above current levels.
Chokkalingam G, Founder and Managing Director at Equinomics said that, Karnataka Bank has now become among one of the 'high conviction' stocks.
Thu, Mar 21, 2019
Axis Bank share price which completed at Rs 755.55 per piece down by 0.72% on Sensex in previous trading session, is seen to rise by over 18% or Rs 138 in near term.
Latest Fixed Deposit (FD) rates: Bank FDs have become very attractive. Check what SBI, HDFC Bank, Axis Bank, ICICI Bank, BoB are offering right now.
Fri, Mar 15, 2019
When it comes to the safety of your cards abroad, you must adhere to the guidelines and safety precautions issued by the banks from time to time.
Fri, Mar 08, 2019
SBI, HDFC, Axis Bank, ICICI Bank, Post Office Sukanya Samriddhi Yojana Details: Even as the world celebrates the International Women's Day today, the financial strength of a majority of women in India continues to remain dismal.
Fri, Feb 22, 2019
Many banks like SBI, HDFC Bank, ICICI Bank, Axis Bank, Punjab National Bank, Bank of Baroda, Kotak Mahindra Bank and many more offer bank lockers to every individual who have high-valued tangible assets.
Thu, Feb 21, 2019
Analysts at Macquarie said, “We think the worst of the asset quality cycle is finally over; credit costs are set to normalise by FY21.”
Tue, Feb 12, 2019
The government will sell part of its stake in Axis Bank held through SUUTI to raise up to Rs 5,316 crore starting Tuesday, according to a filing.
Mon, Feb 11, 2019
Axis Bank ATM near me: If you are an Axis Bank customer then you can find an ATM near your current location with a tap of a finger.
Axis Bank President and Head, Small and Medium Enterprises, JP Singh said the bank will offer services to the dealers and customers of Kia Motors, by providing solutions for their financing and payment needs, supported via its technology-enabled platform.
Tue, Feb 05, 2019
Notably, the hike in FD rates, comes after Budget 2019, where the interim Finance Minister Piyush Goyal has proposed to hike the TDS limit levied on interest income arising from bank deposit.
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