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Saturday, August 15, 2020

Axis Bank


Axis Bank shares jump over 8% as asset quality improves

July 22, 2020 12:50 pm

The Axis Bank stock gained 8.21 per cent to Rs 482.85 on the BSE. At the NSE, it zoomed 8.42 per cent to Rs 483.80.

Axis Bank gets board nod to raise up to Rs 15,000 crore

July 02, 2020 3:17 pm

In a regulatory filing, Axis Bank said the board at its meeting held on Thursday has approved the proposal relating to raising of funds not exceeding Rs 15,000 crore.

Axis Bank shares tank over 5 per cent after S&P rating cut

June 29, 2020 12:44 pm

The stock plunged 5.21 per cent to Rs 402.90 on BSE. On NSE, it tanked 5.29 per cent to Rs 402.35.

Axis Bank to raise stake in Max Life for Rs 1.6K crore, holding to reach 30%

April 29, 2020 2:00 am

Max Financial Services presently holds a 72.5 per cent stake in Max Life, while Mitsui Sumitomo Insurance (MSI) owns 25.5 per cent stake.

Axis Bank reports surprise $183 milllion loss on COVID-19 provisions

April 28, 2020 5:36 pm

The Mumbai-based Axis booked provisions of 77.30 billion rupees for the quarter, or nearly three times higher than last year, including 30 billion rupees towards COVID-19, the lender said in a regulatory filing.

Axis Bank to pick about 30% stake in Max Life Insurance for Rs 1,600 crore

April 28, 2020 1:28 pm

Axis Bank holds about 1 per cent stake in Max Life and is the biggest banking channel partner for distribution of its products. Products sold through the bank reportedly contribute for 54 per cent of Max Life's revenues.

Axis Bank inks deal to explore stake purchase in Max Life

February 21, 2020 4:43 am

Max Financial Services holds 72.5% stake in Max Life, while Mitsui Sumitomo Insurance and Axis Bank hold 25.5% and 2.0%

Axis Bank Q3 net up 4.5%, NPAs decline marginally

January 23, 2020 5:11 am

Gross non-performing assets (NPAs) improved to 5 per cent of the gross advances from 5.75 per cent a year ago.

Sebi rejects Axis Bank's plea in Karvy Stock Broking matter

January 15, 2020 4:29 pm

Axis Bank had moved Securities Appellate Tribunal (SAT) seeking the shares pledged by Karvy Stock Broking Ltd (KSBL) to the lender be unfrozen, so that it can invoke the pledges.

Not Axis Bank employee's job: Priyanka Chaturvedi takes a dig at Fadnavis' wife

December 29, 2019 5:18 pm

Continuing to target the former chief minister's wife, Priyanka said, "Last but not the least, a tip to Ms Fadnavis, judging Maharashtra and teaching Maharashtrians what to do definitely doesn’t come under the purview of an employee of Axis Bank."