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Axis Bank

SEBI sends notices to Axis Bank, Axis Securities, Axis Capital over Max Life deal; more pain ahead for investors?

SEBI sends notices to Axis Bank, Axis Securities, Axis Capital over Max Life deal; more pain ahead for investors?

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.

Axis Bank shares zoom up 4% despite weak Q2; Here's what global brokerages suggest

Axis Bank shares zoom up 4% despite weak Q2; Here's what global brokerages suggest

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.

Axis Bank Q2 preview: PAT likely to increase 8.5% YoY; asset quality may be affected marginally

Axis Bank Q2 preview: PAT likely to increase 8.5% YoY; asset quality may be affected marginally

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.

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ATM cash withdrawal limit per day: SBI, HDFC, PNB, ICICI, BoB or Axis Bank customer? Check these details

ATM cash withdrawal limit per day: SBI, HDFC, PNB, ICICI, BoB or Axis Bank customer? Check these details

Sat, Oct 06, 2018

The State Bank of India will limit cash withdrawals from ATMs to Rs 20,000 per day for certain cardholders from October 31.

When CEOs shocked: Chanda Kochhar, Shikha Sharma, Rana Kapoor, others exit banking space

When CEOs shocked: Chanda Kochhar, Shikha Sharma, Rana Kapoor, others exit banking space

Fri, Oct 05, 2018

The banking space in India was quite staid and dull till a few years ago. However, over the recent years it acquired controversies aplenty. Hope was that with the PNB scam, things would settle down again. However, it got worse! It was the private banks and CEOs that proceeded to shock everyone!

Axis Bank account holder? Do not fail, do this fast when in trouble

Axis Bank account holder? Do not fail, do this fast when in trouble

Fri, Sep 28, 2018

Like other banks, Axis Bank also offers services in case of any such eventualities. Axis Bank even offers its bank account holders a compensation policy.

Axis Bank partners Venture Catalysts to service startups

Axis Bank partners Venture Catalysts to service startups

Thu, Sep 27, 2018

Axis Bank has partnered with Venture Catalysts, an integrated incubator, to provide seamless corporate banking services to startups to help them scale up their businesses and manage their existing processes in a more cost efficient and tech savvy manner.

Loan Rate DOWN: While HDFC, SBI, ICICI, Indusland Bank hike lending rates, this lender bucks the trend

Loan Rate DOWN: While HDFC, SBI, ICICI, Indusland Bank hike lending rates, this lender bucks the trend

Wed, Sep 26, 2018

Loan takers are having to pay interest through their noses and there has been no relief in sight for a long time. However, bucking the trend is this new-age online lender.

SBI, HDFC, ICICI, PNB, BoB, Axis, other bank account holders? Don't do this anymore

SBI, HDFC, ICICI, PNB, BoB, Axis, other bank account holders? Don't do this anymore

Wed, Sep 26, 2018

Aadhaar verdict: The Supreme Court of India has not just upheld the constitutional validity of Aadhaar but also stopped its unnecessary use.

SBI Card vs HDFC vs Axis vs RuPay Card: Get the best of airfare deals

SBI Card vs HDFC vs Axis vs RuPay Card: Get the best of airfare deals

Tue, Sep 11, 2018

Domestic Flight Offers: If you have not booked your air ticket and looking for ways to save some bucks on tickets, we have some good news for you.

Analysts optimistic on Axis Bank under new CEO’s leadership; Should you invest in stock?

Analysts optimistic on Axis Bank under new CEO’s leadership; Should you invest in stock?

Tue, Sep 11, 2018

RBI approval has ended months of speculation on the top management change at Axis Bank – particularly after the Axis Bank board submitted three names to RBI in Jul-18.

Who is Amitabh Chaudhry? The new CEO & MD of Axis Bank

Who is Amitabh Chaudhry? The new CEO & MD of Axis Bank

Mon, Sep 10, 2018

Amitabh Chaudhry is the new CEO & MD of Axis Bank and the reaction from investors has been immediate - the share price of Axis Bank jumped by as much as 5% with an intraday high of Rs 676.90 per piece on BSE.

Yes Bank, Axis Bank, others under-reported NPAs, says report

Yes Bank, Axis Bank, others under-reported NPAs, says report

Thu, Aug 16, 2018

The apex bank is examining as to whether banks have followed prudential norms in respect of their stressed assets, a senior public sector bank official told PTI.

IndiGo, Axis Bank among top five stocks hogging limelight on Dalal Street

IndiGo, Axis Bank among top five stocks hogging limelight on Dalal Street

Tue, Jul 31, 2018

Back homne, focus will shift to Reserve Bank of India (RBI)'s monetary policy meeting that began yesterday and will conclude tomorrow. Besides, investors will react to a slew of corporate earnings that came in after market hours yesterday.

Axis Bank Q1FY19: 6 key highlights of this quarter

Axis Bank Q1FY19: 6 key highlights of this quarter

Mon, Jul 30, 2018

A Bloomberg poll of experts predicted net profit of Rs 624 crore this quarter for Axis Bank.

Axis Bank Q1FY19 result: Lender's core operating profit grew 23% to Rs 4,269 cr

Axis Bank Q1FY19 result: Lender's core operating profit grew 23% to Rs 4,269 cr

Mon, Jul 30, 2018

Axis Bank Q1FY19 result: Retail business momentum remains healthy for the bank as CASA deposits on a cumulative daily average balance (CDAB) basis grew 15% YOY and constituted 46% of total deposits. Saving deposits on a CDAB basis grew 18%.

TCS, Axis Bank among 5 stocks hogging limelight today

TCS, Axis Bank among 5 stocks hogging limelight today

Wed, Jul 11, 2018

Tata Consultancy Services: The country's largest software exporter TCS on Tuesday posted a 23.4 per cent rise in consolidated net profit to Rs 7,340 crore for the first quarter ended 30 June, 2018. The company had reported a net profit of Rs 5,945 crore in the same period previous fiscal, TCS said in a regulatory filing.

Make My Trip Domestic Flights Offer: Get Rs 1299 cashback on bookings

Make My Trip Domestic Flights Offer: Get Rs 1299 cashback on bookings

Wed, Jul 04, 2018

Make My Trip Domestic Flights Offer: If you are thinking of travelling to a place by flight and that too in an affordable manner, then here is an offer for you. You can get cashback of Rs 1299 on Domestic Flight bookings through MakeMyTrip.

Aditya Puri, Rana Kapoor sees pay cut in FY18 from their bank; Axis Bank, Kotak Mahindra makes their MD happy

Aditya Puri, Rana Kapoor sees pay cut in FY18 from their bank; Axis Bank, Kotak Mahindra makes their MD happy

Sun, Jun 17, 2018

ICICI Bank is still yet to release their FY18 annual report, therefore the comparison is made of the other mentioned bank.

Cashless in India! Your money and UX: where your interest is compromised

Cashless in India! Your money and UX: where your interest is compromised

Sat, Jun 16, 2018

The Narendra Modi government has been pushing digital payments for quite some time now, especially since the time of demonetisation announcement. The government has been introducing various initiatives like making Aadhaar card mandatory for a list of services, etc.

Fitch lowers Axis' outlook to -ve,cuts ICICI's support ratings

Fitch lowers Axis' outlook to -ve,cuts ICICI's support ratings

Fri, Jun 15, 2018

Global ratings agency Fitch today said ICICI Bank and Axis Bank have "gaps" in their risk control mechanisms and has revised down its outlook on the latter to negative on sour assets worries.

Rs 9.72 cr tax evasion at Axis Bank, GST body alleges

Rs 9.72 cr tax evasion at Axis Bank, GST body alleges

Fri, Jun 15, 2018

Goods and Services Tax Commissionerate, Mumbai, has alleged a tax evasion of Rs 9.72 crore by Axis Bank over fees charged by banking correspondents (BCs). The ‘cut and pay’ model of Axis Bank undervalued the domestic money transfer services, a source at the GST Commissionerate said.

Exclusive: Axis Bank accused of tax evasion

Exclusive: Axis Bank accused of tax evasion

Thu, Jun 14, 2018

This is a segment of Zee Business which brings to you latest updates. Axis Bank accused of tax evasion. Watch this video for more information.

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