Page 10 - Axis Bank

Axis Bank to raise funds through infra bonds, may announce issue in Sept

The Indian government's strong capital expenditure push, with budget allocation at a record Rs 11.11 trillion ($132.40 billion), is prompting banks to raise funds

Apollo Tyres, Axis Bank: Top picks by Osho Krishan of Angel One for Aug 26

Apollo Tyres has recently experienced a notable decrease from its peak of 568 to approximately 200 SMA on the daily time frame chart.

Axis Bank expands wealth management biz rapidly in non-metro cities

Some of the new cities the bank has added include Patna, Raipur, Ghaziabad, Jodhpur, Udaipur, and Meerut

Rs 5 lakh as joining fee: Decoding Axis' PRIMUS, the credit card for HNIs

Primus cardholders will experience a level of luxury and service unmatched by any other credit card in India

Private jets and more: Axis Bank targets elite with new luxury credit card

Primus will be offered by invitation only, by Axis Bank. The allure of 'Primus' credit card is rooted in its bespoke benefits specifically tailored for Ultra High Net Worth (UHNW) individuals

HDFC Bank top executives highest paid bankers in FY24, ICICI brass next

Sashidhar Jagdishan, MD & CEO of HDFC Bank, was highest paid banker in India in FY23

Axis Bank share price sinks 8% post Q1FY25 results shocker; time to buy?

Axis bank share price: While Axis bank Q1 results were sub-par, Street remains "cautiously optimistic" on stock outlook

Stocks to Watch, July 25: Axis Bk, LT, RBL Bk, BSE, Nestle, IGL, Canara Bk

Stocks to Watch today, July 25, 2024: Axis Bank ADRs fell 4.5 per cent overnight in US markets. Meanwhile, RBL Bank counter is expected to see a block deal today

Axis Bank Q1FY25 results: Net profit increases 4% to Rs 6,035 crore

The bank's net interest income (NII) increased 12 per cent year-on-year (Y-o-Y) and 3 per cent sequentially to Rs 13,448 crore in Q1FY25, aided by steady growth in advances

Paytm partners with Axis Bank to provide payment technology solutions

Fintech will provide point-of-sale and card machines to the private sector lender

Axis Bank completes Citibank India transition: What changes, what remains

Former Citibank customers are now under the Axis Bank umbrella

Govt may cut borrowings by Rs 50-75K cr in FY25 Budget: Axis Bank treasurer

In the interim budget, the government announced a gross borrowing of Rs 14.13 trillion, with a fiscal deficit target of 5.1 per cent of the gross domestic product

Rerating potential in Axis Bank stock, may be among top outperformers

Axis Bank may be capable of growing faster than peers and it may see a decline in operating expenses ratio from current levels

Equity supply may hit Rs 6 trillion over next few months: Axis MF

Nearly Rs 5 trillion has been mobilised by ECM since 2022. This outpaces Rs 2.6 trillion inflows received by equity MF schemes during this period

140 million HDFC Bank, Axis customers may face service interruption

UPI services will be unavailable for customers from 3:00 AM to 3:45 AM and from 9:30 AM to 12:45 PM on July 13, 2024

Citibank credit cards to become Axis: Fees, limits, and benefits explained

The complete migration of all Citi relationships, including your credit cards, to Axis Bank, will wrap up by July 15, 2024

Credit cards circulation increases by 18% to 103.3 million in May

Credit card spending in May 2024 increased by 17 per cent Y-o-Y to Rs 1.65 trillion from Rs 1.55 trillion in April 2024, rising by 6.45 per cent

Private banks gain up to 4%; Axis, ICICI hit new highs; HDFC nears summit

At 02:04 pm; Nifty Private Bank index was up 1.7 per cent, as compared to 0.65 per cent rise in the Nifty 50 and 0.20 per cent gain in Nifty PSU Bank index.

Current valuations offer no safety net for negative surprises: Axis AMC CIO

Maintaining the current capex pace as a percentage of GDP would be a favourable outcome, said Ashish Gupta

Morgan Stanley buys 17 mn shares of Axis Bank for Rs 2,083 cr via bulk deal

US-based investment banking company Morgan Stanley on Friday bought 1.7 crore shares of private sector lender Axis Bank for Rs 2,083 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), Morgan Stanley & Company International Plc acquired 1,70,00,000 shares, amounting to a 0.5 per cent stake in Axis Bank. The shares were purchased at an average price of Rs 1,225.75 apiece, taking the transaction value to Rs 2,083.77 crore. Details of the sellers of Axis Bank's shares could not be ascertained. Shares of Axis Bank fell 0.60 per cent to close at Rs 1,232.10 per piece on the NSE. On Wednesday, Axis Bank increased its holding in Max Life to 19.99 per cent for Rs 336 crore. After the stake purchase, the aggregate shareholding of Axis entities increased from 19.02 per cent to 19.99 per cent. Axis Bank and its two subsidiaries - Axis Capital Ltd and Axis Securities Ltd - were allowed to collectively own about 20 per .