Page 24 - Axis Bank

6 Indian banks sue GVK Coal Developers in London for $1.5 bn loan default

The banks have sued GVK Group-owned GVK Coal Developers over a dispute on a $1-billion loan and $35-million letter of credit facility and a $160-million loan

Axis Bank expects repo rate to rise to 5.75% by end of this fiscal

With inflation remaining at elevated levels, RBI may gradually increase the benchmark lending rate to about 5.75% by the end of this fiscal, Axis Bank chief economist Saugata Bhattacharya said

Axis Bank hikes MCLR by 35 bps across tenors with effect from May 18

Recently, country's largest lender, State Bank of India (SBI), also increased its MCLR by 10 bps. SBI has hiked its MCLR by 20 bps in two months

Indices fall hard for fourth day amid global equity rout, pull-back by FPIs

From this year's peak in January, both indices are down nearly 12 per cent

Markets regulator Sebi probes Schroders' $32 bn India partner Axis AMC

Indian equity mutual funds have lured billions of dollars in inflows over the last couple of years amid a retail-investing boom

Chart check: Here's why Mehul Kothari recommends buying Axis Bank, TCS

According to the technical analyst from Anand Rathi, one can accumulate Axis Bank in the range of Rs 663 - 657 with a stop at Rs 630.

We will double down on India, says Citigroup CEO (India) Ashu Khullar

'The consumer business has over the years become largely dominated by domestic players, not only in India but globally'

Investors wealth tumbles over Rs 5.10 trn in early trade due to weak trends

Tracking an extremely weak trend in equities, the market capitalisation of BSE-listed firms tumbled Rs 5,10,150.97 crore to Rs 2,54,54,738.40 crore in initial deals.

Can weak operational performance in Q4 delay Axis Bank's re-rating?

Axis Bank Q4 result review: Analysts do not expect valuation to catch up with peers in light of the NII undershoot, impending dilution to fund the Citi deal, and higher operating expenditure guidance.

Axis Bank's shares tumbled over 5% on Friday after earnings announcement

Shares of Axis Bank tumbled over 5 per cent in early trade on Friday a day after the company reported a 49.77 per cent jump in its consolidated net profit for the March quarter.

Axis Bank Q4 net rises 54% at Rs 4,118 cr; net interest income up 17%

Provisioning dropped to Rs 987 cr, down from Rs 2,167 cr during the same period of the previous year

Top Headlines: Axis Bank Q4 profit at Rs 4,118 cr; Vedanta to pay dividends

Vedanta announces that it will pay Rs ​117.1 billion ($1.5 billion) in dividends to shareholders. Read more on this in our top headlines for the evening.

Axis Bank Q4 net profit soars 54% to Rs 4,118 cr; NII up 17%

Lender's board recommends dividend of Rs 1 per equity share for the year ended 31 March, 2022.

Axis Bank to announce Q4 results on Thursday; here's what brokerages expect

Axis Bank Q4 preview: Axis Bank may report around 50 per cent year-on-year (YoY) growth in net profit

Loans to be costlier as banks hike rates; SBI, Axis revise MCLR upwards

Kotak Mahindra Bank, increased its one-year MCLR by 5 bps to 7.4 per cent, from April 16

Credit Suisse and Axis Bank move NCLT against RCap, Administrator

The lenders want recognition as firm's financial creditors, and inclusion in CoC as part of RCap's corporate insolvency resolution proceedings. Administrator has admitted claims worth Rs 23,666 cr

RBI imposes penalties of Rs 93 lakh each on Axis and IDBI Bank

A monetary penalty of Rs 93 lakh has been imposed on Axis Bank for non-compliance of certain directions issued by RBI, the regulator said in a release

CCI probes debt trustee units of SBI, Axis, IDBI on suspected fee cartel

Indian regulations mandate that companies raising debt appoint a so-called 'debenture trustee' to protect the interests of investors.

MD and CEO of Axis Bank is set to build a second home in Alibaug

Amitabh Chaudhry, Managing Director & CEO of Axis Bank, is one of the latest entrants in a line of high profile individuals who have bought into the coastal town of Awas, Alibaug. He has recently invested in property there and plans to build his dream home with entrepreneur Aditya Kilachand's current venture Avas Bespoke. Avas Bespoke is an extension ofThis story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article.

How Axis Bank gains from Citibank: It's about quality of customers

The quality of customers it acquires holds the key to success but the benefits of the buyout could kick in only from FY25