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Page 36 - Axis Bank

Max Financial gets Irdai nod for share swap agreement with Mitsui Sumitomo

Irdai's approval takes Max Financial Services one step closer to the consummation of its deal with private lender Axis Bank

Max Financial gets Irdai nod for share swap agreement with Mitsui Sumitomo
Updated On : 28 Nov 2020 | 2:58 PM IST

Conserve capital, the loud, clear message from RBI to NBFCs and banks

Muthoot Finance and Axis Bank are instances of the regulator objecting to acquisitions

Conserve capital, the loud, clear message from RBI to NBFCs and banks
Updated On : 26 Nov 2020 | 1:15 AM IST

Axis Bank-Max Life deal: The long road riddled with regulatory concerns

After over six months and three different structures, the deal could be in its final stages of completion

Axis Bank-Max Life deal: The long road riddled with regulatory concerns
Updated On : 16 Nov 2020 | 6:06 AM IST

Axis Bank to acquire shares in CSC e-Governance for Rs 36 crore

Axis Bank has acquired over 57,700 shares in CSC e-Governance Services India Ltd for Rs 36.38 crore, the lender said on Thursday.

Axis Bank to acquire shares in CSC e-Governance for Rs 36 crore
Updated On : 05 Nov 2020 | 7:41 PM IST

Facing credit card woes amid pandemic? Look for lower-cost credit options

Defaulting on card dues could restrict access to credit in future

Facing credit card woes amid pandemic? Look for lower-cost credit options
Updated On : 03 Nov 2020 | 12:14 AM IST

Axis Bank, subsidiaries to acquire 19% stake in Max Life in revised deal

RBI did not consider Axis's earlier proposal of acquiring 17% stake in Max Life

Axis Bank, subsidiaries to acquire 19% stake in Max Life in revised deal
Updated On : 31 Oct 2020 | 1:32 AM IST

Axis Bank: Overall numbers better forecast, rising stressed loans tricky

Overall numbers bettered expectations, rising pool of stressed loans may be the tricky aspect

Axis Bank: Overall numbers better forecast, rising stressed loans tricky
Updated On : 30 Oct 2020 | 1:19 AM IST
F&O expiry: L&T, HDFC twins drag Sensex 173 pts; Nifty settles at 11,671
Updated On : 29 Oct 2020 | 3:54 PM IST
Axis Bank well-placed to face downside risks due to tough conditions: S&P
Updated On : 29 Oct 2020 | 1:38 PM IST

Axis Bank logs net profit of Rs 1,683 cr in Q2; NII up 20% to Rs 7,326 cr

NII has grown 20 per cent to Rs 7,326 crore in the July-September quarter of FY21, compared to Rs 6,102 crore in the corresponding period of last financial year

Axis Bank logs net profit of Rs 1,683 cr in Q2; NII up 20% to Rs 7,326 cr
Updated On : 29 Oct 2020 | 1:27 AM IST

Axis Bank posts net profit of Rs 1,683 cr in Sept qtr as bad loans decline

The bank's total income rose marginally to Rs 19,870.07 crore in the second quarter of 2020-21, from Rs 19,333.57 crore in the same period last year, it said in a regulatory filing

Axis Bank posts net profit of Rs 1,683 cr in Sept qtr as bad loans decline
Updated On : 28 Oct 2020 | 7:29 PM IST
MARKET: Sensex tumbles 600 pts on surging Covid cases; Nifty ends at 11,730
Updated On : 28 Oct 2020 | 4:43 PM IST

Higher provisions, loans under recast: Expectations from Axis Bank's Q2 nos

Analysts expect the net profit to come in at Rs 1,740 crore along with pre-provision profit (PPP) at Rs 6,380 crore.

Higher provisions, loans under recast: Expectations from Axis Bank's Q2 nos
Updated On : 27 Oct 2020 | 3:33 PM IST

Festival offers: Axis Bank gives discount on debit, credit card purchases

Kick-starting its festival season offerings, Axis Bank on Tuesday announced a host of discounts on various consumer platforms, as well as loans at special rates

Festival offers: Axis Bank gives discount on debit, credit card purchases
Updated On : 20 Oct 2020 | 9:08 PM IST

Private banks may see NIMs dip in Q2FY21; loan restructuring roadmap eyed

Market participants would watch out for greater clarity on NPA recognition, loan restructuring roadmap, and credit costs for the rest of the year

Private banks may see NIMs dip in Q2FY21; loan restructuring roadmap eyed
Updated On : 14 Oct 2020 | 10:21 AM IST

Axis Bank joins India's top private lenders to offer pay hikes up to 12%

Axis Bank Ltd. will increase staff salaries between 4% and 12% from Oct. 1 based on performance, according to people with knowledge of the plans

Axis Bank joins India's top private lenders to offer pay hikes up to 12%
Updated On : 06 Oct 2020 | 10:59 PM IST

Top headlines: RBI's MPC gets 'dovish tilt', Nobel physics prize announced

GST council has no jurisdiction over states' borrowing, three scientists get Nobel Prize for Physics -- Business Standard brings you top news of the evening

Top headlines: RBI's MPC gets 'dovish tilt', Nobel physics prize announced
Updated On : 06 Oct 2020 | 5:24 PM IST

Biz optimism returning, economic recovery to be L-shaped: Axis Bank MD

He was quick to add that we are not completely out of the woods yet and a sustained recovery may take a few quarters

Biz optimism returning, economic recovery to be L-shaped: Axis Bank MD
Updated On : 04 Oct 2020 | 6:07 PM IST

Max Financial: Investors should shift attention to fundamentals

With 72 per cent gains in six months, the stock is an outperformer in the pack; monthly premium numbers don't provide comfort

Max Financial: Investors should shift attention to fundamentals
Updated On : 03 Oct 2020 | 2:14 AM IST