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, Jan 31, 2023
FD interest rate: Currently, Axis Bank, PNB, IDFC First Bank and DCB Bank are among the few banks that offer over 8% interest to senior citizens.
Stocks to buy: Brokerages have recommended five stocks to buy before the presentation of Union Budget 2023.
Tue, Jan 24, 2023
The BSE Sensex closed marginally up by 37.08 points or 0.06 per cent to 60,978.75, while the NSE Nifty closed flat at 18,118.30 on Tuesday.
They are also bullish on Larsen & Toubro, but divided on stocks such as Polycab and Container Corp (Concor).
Axis Bank share price: India's fifth largest lender by market value reported a strong set of quarterly results that beat analysts' estimates, boosted by strong interest income, higher fees and moderating operating expenses. Brokerages largely have positive views on Axis Bank after the earnings announcement, with targets as high as 34 per cent from Monday's closing price.
Mon, Jan 23, 2023
Anil Singhvi Strategy on Nifty and Bank Nifty: Managing Editor Anil Singhvi said that Nifty50 has support at 18,000-18,025 while resistance is seen at 18,175-18,250. As for Bank Nifty, support is seen at 42,500-42,700 while resistance is seen at 43,150-43,250
Axis Bank reported a net profit of Rs 5,853.1 crore for the Q3FY23 period, a jump of 61.9% compared with the corresponding period a year ago that exceeded analysts' estimates by a wide margin.
Axis Bank Q3 Results: India's fifth largest lender by market value reported a net profit of Rs 5,853.1 crore for the October-December period, marking a jump of 61.9 per cent compared with the corresponding period a year ago.
Sun, Jan 22, 2023
Axis Bank Q3 Results Preview: Zee Business expects the asset quality of the bank is estimated to improve in third quarter of FY23.
Tue, Jan 17, 2023
Brokerage firms have recommended five stocks that have the potential to yield up to 38% return to investors
Mon, Jan 16, 2023
Broader indices Nifty Midcap 100 and Nifty Smallcap 100 mirrored the overall weakness, inching 0.1-0.2 per cent lower.
Watch Swati Khandelwal's exclusive conversation with Amitabh Chaudhary, MD & CEO, Axis Bank at the ongoing WEF conference in Davos.
If the economy grows, deposits will come back and any lacking in this regard will not go unnoticed by the government and the Reserve Bank of India (RBI), Axis Bank MD & CEO Amitabh Chaudhry tells Swati Khandelwal. He said that they will take adequate action to infuse liquidity into the system
Wed, Jan 11, 2023
Axis Bank Share Price: Axis Bank shares have a potential upside of Rs 200 per share as multiple levers are set to lift the stock, said domestic brokerage firm Sharekhan.
Tue, Jan 10, 2023
The domestic brokerage firm has picked Axis Bank, ICICI Bank, HDFC Bank, State Bank of India, Punjab National Bank, Federal Bank and AU Small Finance Bank as its preferred stocks
Thu, Jan 05, 2023
This is Axis Bank’s first-ever partnership with a fintech player to launch a fully digital current account. The product is already live on OPEN’s website (www.open.money).
Stocks to buy: One may consider the brokerage recommendations for positive yield.
Tue, Jan 03, 2023
ICICI Bank share price: ICICI Bank shares were trading at Rs 897.75 on the NSE around 1 pm today and were down by Rs 4.70 or 0.52 per cent from the Monday closing price.
Sat, Dec 31, 2022
Zee Business brings to you 3 stocks recommended by brokerage firms to keep an eye out for.
Thu, Dec 29, 2022
In the private sector banking space, consolidation remained the flavour, with parent HDFC Ltd deciding to merge with HDFC Bank, and Axis Bank announcing the takeover of the retail portfolio of global giant Citibank. These two deals are expected to be completed in 2023.
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