Mon, Oct 23, 2023
Axis Bank results will come on Wednesday, how will be the Axis Bank results? How will be the profit growth in Q2? How will be the asset quality of Axis Bank? Know complete details in this video
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Fri, Oct 13, 2023
UBS downgrades banks! What is special in UBS's report on banks? Which banks were downgraded by UBS?
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
Mon, Jul 31, 2017
Snapdeal decides to end merger talks with Flipkart and receives its blessings from investor SoftBank.
Thu, Jul 27, 2017
Axis Bank announced on Thursday that it acquired Freecharge from Snapdeal in an all-cash deal for Rs 385 crore.
The acquisition of Freecharge and Accelyst is expected to complete within two months, Axis Bank said.
Tue, Jul 25, 2017
Axis Bank's net interest income for Q1FY18 rose by 2% to Rs 4,616 crores during Q1FY18 from Rs 4,517 crores in Q1FY17. Net interest margin for Q1FY18 stood at 3.63%.
Mon, Jul 24, 2017
Zeebiz collates and lists salaries of CEO's in India after a report revealed that higher management earned up to 1200 times more than other employees.
Thu, Jun 29, 2017
After RBI identified 12 accounts, Axis Bank said their exposure was in 8 accounts and 80% of the outstanding loan was secured.
Tue, Jun 27, 2017
Fitch Ratings on Tuesday that it has affirmed Issuer Default Rating (IDR) of eight Indian banks.
Mon, Jun 26, 2017
Bankers salaries in India go up to Rs 10 crore packages with incentives and perks. Zeebiz lists out top five banks and the salary drawn by its top management in the last fiscal.
Wed, May 31, 2017
Bankers have also requested the regulator to allow them to extend repayment schedule and reduce rate of interest under the scheme. These are not allowed in the exiting S4A guidelines.
Fri, May 19, 2017
Nilesh Parikh, Kunal Shah and Prakhar Agarwal analysts at Edelweiss Financial Services said, "Loan growth to be softer, but NII to be supported by lower funding cost. Incremental stress will likely be curtailed, keeping credit cost within initial guidance."
Sat, May 13, 2017
The key Indian equity indices zoomed to new closing and 52-week highs, crossing their psychologically significant levels, riding on news reports which quoted a top India Meteorological Department (IMD) official predicting a higher rainfall than previously forecast as the El Nino weather condition had eased.
Thu, May 04, 2017
Axis Bank and ICICI Bank registered GNPA of 5.04% and 7.89% respectively in Q4FY17 as against 6.10% and 8.60% respectively predicted by the experts.
Thu, Apr 27, 2017
With the launch of UPI on Samsung Pay, users can create their unique virtual addresses @pingpay enabling them to make seamless bank to bank transfers.
Wed, Apr 26, 2017
For the full financial year, the bank registered a net profit of Rs 3679 crore, a decline of 55% on y-o-y basis.
In the last quarter the bank's Gross Non Performing Assets (GNPAs) climbed to Rs 20,467 crore as against Rs 16,379 crore at the end of September 30, 2016.
Tue, Apr 11, 2017
Axis Bank on Tuesday clarified that the bank has "zero tolerance" towards any devious procedures and is fully co-operating with the Central Bureau of Investigation (CBI) during investigations at Ahmedabad Axis Bank branch.
Fri, Apr 07, 2017
It was also alleged that during grace period of depositing demonetised notes, huge cash deposits were made in the bank several times during a day by a single person, the release mentioned.
Flipkart and Amazon India have started their three-day sale on electronics products starting from April 7 this week and ending on April 9.
Thu, Mar 30, 2017
Reliance Retail in partnership with National Payments Corporation of India (NPCI) on Thursday launched mobile-based in-store UPI Payments facility app over 200 stores in Mumbai.
Sun, Mar 26, 2017
Sharma referred to the recent Income Tax department raids and unearthing of suspicious financial activities at one of Axis Bank branches and said the Bank and she had more than "fair share of public gaze."
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