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.
Wed, Jan 30, 2019
Axis Bank enjoys the taste of good earnings in its share price, as they even earmarked over Rs 700-price club on Sensex. But the real question is, how far is Axis Bank’s stock price ready to stretch. Is this the beginning of new uptrend or a windfall before a storm?
Tue, Jan 29, 2019
Axis bank's profits in the third quarter has increased but the gross NPA has registered a decline. Watch the video to know more.
Every financial indicator in Axis Bank showed a stable performance.
The bank bagged a net profit of Rs 1,680.85 crore in Q3FY19, which was higher by a whopping 131.38% compared to Rs 726.44 crore in corresponding period of previous year.
Sat, Jan 19, 2019
The investors have an option of creating an FD account with top lenders like State Bank of India (SBI), ICICI Bank and HDFC Bank, among others. However, before putting the money, an investor should look at the rate of interest offered by the bank.
Wed, Jan 02, 2019
The recovery would also be aided by government infusing Rs 28,615 crore into seven public sector banks (PSBs) through recapitalisation bonds. In December 2018.
Mon, Dec 31, 2018
Amitabh Chaudhry, 54, started his career in corporate banking with the Bank of America in 1987, where he worked in diverse roles. He is a BTech (Electronic & Electricals) from the Birla Institute of Technology & Science, Pilani and an alumnus of the lndian Institute of Management, Ahmedabad.
Sun, Dec 30, 2018
Online banking frauds have become a trend recently. In 2018, several such cases were reported from across the country.
Tue, Dec 18, 2018
IL&FS Group has been caught in massive cash crunch and hefty debt, and to overcome the situation they are offering their subsidiaries for sale. ISSL has turned out to be the first subsidiary offered by IL&FS for sale.
Mon, Dec 17, 2018
Here is how much monthly average balance a customer of State Bank Of India, HDFC Bank, ICICI Bank, Punjab National Bank and Axis Bank is expected to maintain in the savings account
Thu, Dec 13, 2018
By reducing the principal with every month's repayment, the gross amount repaid by a borrower during the duration of a loan will also go down as the interest outgo comes down, officials at the private sector lender said Wednesday.
Sun, Dec 09, 2018
"The Board ...Has appointed Amitabh Chaudhry as an Additional Director of the Bank and to hold office as such till the conclusion of the ensuing Annual General Meeting...," Axis Bank said in a regulatory filing.
Wed, Dec 05, 2018
RBI has ordered a Board of Management (BoM) to be constituted in every Primary (Urban) Co-operative Bank (UCB).
Leading Investment Bank Axis Capital Tuesday said its MD & CEO Dharmesh Mehta has stepped down.
Fri, Nov 30, 2018
Flipkart has listed Realme 2 Pro on its website priced at Rs 13,990.
Sat, Nov 24, 2018
The country may face massive cash crunch like post demonetisation period as half of India's ATMs could shut down by March 2019.
Wed, Nov 21, 2018
Bank Holidays in November: After Diwali and Chhath holidays, banks will remain closed for four days in this week
Well the private banks with their old CEOs are sitting with bated breath to when they might face the same fate of Yes Bank
Sat, Nov 17, 2018
The FD rates have been hiked days before the Reserve Bank of India (RBI), in its upcoming meeting on 19th November, may well ease lending rates, if Centre has its way.
Thu, Nov 15, 2018
No matter whether you are a State Bank of India customer or Axis Bank or ICICI Bank or of any other bank, fraudsters love your money and try to get access to it illegally.
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