Page 29 - Axis Bank
Axis Bank to waive 12 EMIs on select home loans under festive offer
Private sector lender Axis Bank on Tuesday announced waiver of 12 EMIs on select home loan products, and discounts on various online purchases as part of its festival offer. Axis Bank is offering waivers of 12 EMIs on select home loan products and providing on-road finance without any processing fee for two-wheeler customers, it said in a release. For business owners, it will offer several benefits on term loans, equipment loan and commercial vehicle finance. Announcing the launch of 'Dil se Open Celebrations : kyunki Diwali roz roz nahi aati', the bank said it will offer deals and discounts on shopping in restaurants and other retail loan products on purchases made through Axis Bank debit and credit cards. Customers will be offered up to 20 per cent discount on purchases from select 2,500 local merchants across 50 cities. The bank customers will get discounts up to 20 percent on shopping from these stores. "This festive season we have partnered with esteemed brands and also the l
 "Axis Bank to waive 12 EMIs on select home loans under festive offer")
Avenue Supermarts hits valuation hurdle, stock at 124 times FY23 earnings
Margin disappointment weighs on stock, which has gained 47% in 3 months
 "Avenue Supermarts hits valuation hurdle, stock at 124 times FY23 earnings")
Dramatic improvement in asset quality post June: Amitabh Chaudhry
'The RBI has started normalising its extraordinary injection of liquidity in a calibrated manner', said Chaudhry
 "Dramatic improvement in asset quality post June: Amitabh Chaudhry")
UBS Principal Capital Asia sells Axis Bank shares worth Rs 255 crore
UBS Principal Capital Asia Ltd on Friday sold Axis Bank's shares worth nearly Rs 255 crore through an open market transaction
Axis Bank commits Rs 30,000 cr till FY26 towards sustainable lending
The country's third largest private sector lender Axis Bank has committed Rs 30,000 crore lending till fiscal year 2025-26 under its sustainable financing framework, a senior official said.
 "Axis Bank commits Rs 30,000 cr till FY26 towards sustainable lending")
Axis board gives approval to reclassify Oriental Co as public shareholder
Axis Bank on Wednesday said its board of directors has approved to reclassify The Oriental Insurance Company Ltd (OICL) from promoter category to public category shareholder.
Axis Bank lists $600-mn AT-1 sustainable bonds on IFSC exchanges
Axis Bank has listed its $600 million Additional Tier 1 (AT1) sustainable bonds on IFSC (International Financial Services Centre) exchanges at Gujarat International Finance Tec-City (GIFT).
Axis Bank sets coupon for dollar AT1 bonds at 4.1%, raises $600 mn
This is 30 basis points lower than the initial guidance of 4.4 per cent
 "Axis Bank sets coupon for dollar AT1 bonds at 4.1%, raises $600 mn")
RBI fines Axis Bank Rs 25 lakh for flouting KYC norms
The fine is based on a scrutiny carried out by RBI during February 2020 and March 2020 in a customer account maintained with the bank
Axis Bank shares surge 11% in 5 days. What's fuelling the rally?
In a recent report, global brokerage CLSA turned bullish on select financial counters including Axis Bank on attractive risk to reward for large-cap banks
 "Axis Bank shares surge 11% in 5 days. What's fuelling the rally?")
3 stocks picks by Ajit Mishra that can offer good returns in short-term
Concor has been trading with a corrective bias for the last two months, after making a new record high at Rs 748 levels in June 2021
 "3 stocks picks by Ajit Mishra that can offer good returns in short-term")
BSE m-cap hits Rs 250 trn as Sensex zooms 663 pts, Nifty climbs 17,100
Bharti Airtel (up 6.7 per cent) was the biggest gainer on the Sensex today, followed by Bajaj Finance, Bajaj Finserv, Asian Paints, TCS, Titan, and Tech Mahindra
 "BSE m-cap hits Rs 250 trn as Sensex zooms 663 pts, Nifty climbs 17,100")
Axis Bank ties up with BharatPe to expand its merchant acquiring business
With 600,000 terminals, the bank is the third-largest PoS acquiring bank in the payments space
Stocks to watch: Axis Bank, L&T, NHPC, Jindal Steel, Bank of Baroda
BSE has announced price band revision for seven companies including Exxaro Tiles and Kemistar Corporation effective today
 "Stocks to watch: Axis Bank, L&T, NHPC, Jindal Steel, Bank of Baroda")
Axis Bank begins issuing debt securities under Rs 35,000 cr-debt raise plan
Axis Bank on Monday said it has started issuing debt securities under its Rs 35,000 crore-debt raise plan announced earlier this year
 "Axis Bank begins issuing debt securities under Rs 35,000 cr-debt raise plan")
Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds
Moody's on Monday rated Axis Bank's proposed additional tier I capital bonds, as part of its GMTN programme, three notches below its BCA and adjusted BCA, on the back of likelihoods of impairment.
 "Moody's assigns B1(hyb) rating to Axis Bank's proposed AT-I capital bonds")
Moody's assigns B1(hyb) to Axis Bank's proposed AT1 capital securities
Moody's has assigned B1(hyb) rating to Axis Bank Ltd GIFT City branch's proposed USD-denominated, undated, non-cumulative and subordinated additional tier 1 (AT1) capital securities
 "Moody's assigns B1(hyb) to Axis Bank's proposed AT1 capital securities")
Indian investment bankers tighten grip over the league table
ICICI Securities, Axis, Kotak among top 5 managers of equity issuances
 "Indian investment bankers tighten grip over the league table")
From ICICI to Axis Bank, private banks turn laggards at bourses
The Nifty Private Bank index is up just 6 per cent year-to-date in the calendar year 2021, against nearly 13 per cent rally in the Bank Nifty and a 15 per cent rise in the benchmark Nifty50
 "From ICICI to Axis Bank, private banks turn laggards at bourses")
Stocks to watch: Tatva Chintan, Nestle India, TechM, Axis Bank, ABB India
HCL Technologies on Wednesday said it has appointed Jill Kouri as its Chief Marketing Officer
 "Stocks to watch: Tatva Chintan, Nestle India, TechM, Axis Bank, ABB India")