Page 41 - Axis Bank

YES Bank's Reconstruction Scheme: The story so far

Hours after the Cabinet approved restructuring scheme for YES Bank, private lenders ICICI Bank, HDFC, Kotak Mahindra Bank and Axis Bank came to the cash-strapped bank's rescue

ICICI Bank, HDFC, Kotak and Axis Bank join SBI to invest in YES Bank

The ICICI Bank in a regulatory filing said that the board has approved an equity investment of up to Rs 1000 crore in equity shares of YES Bank Limited

Govt to sell Rs 8,000-cr SUUTI stake to meet revised FY20 divestment target

The Centre currently owns 4.71% in Axis Bank and 7.93% in ITC through SUUTI

YES Bank fiasco, double-blow for Max Financial; analysts caution investors

Max Life has Rs 2,000 crore exposure to YES Bank's tier-2 bonds and the latter accounts for 11 per cent of its bancassurance channel

Axis Bank, BoB, HDFC Bank, ICICI Bank: Banking stocks that look oversold

Whenever a stock witnesses higher volumes, which is normally stronger than earlier candles, it indicates severe pressure.

Low on investor confidence and growth, private banks in for tough days

Majority of private bank stocks are down 10-33% YTD, indicating weaning conviction in the sector

HC notice to Devendra Fadnavis over Axis Bank account transfer issue

Fadnavis, a former chief minister, had been targeted over this issue earlier by his detractors as his wife Amruta Fadnavis holds a senior position with Axis Bank

Reliance Capital defaults on interest payments to HDFC, Axis Bank

Firm claims Delhi High Court, DRT rulings restrain payments; Reliance Home Fin also defaults on interest payment on term loan and cash credit

BMC invests only Rs 1 cr in Axis Bank from Rs 6,300 cr investments

The BMC has deposited Rs five crore in the Municipal Cooperative Bank, which has offered the highest interest rate of 7.5% per annum, as per the document

Axis Bank appoints Puneet Sharma as CFO, to take charge from March 6

Axis Bank on Thursday said its board has approved appointment of Puneet Sharma as Chief Financial Officer (CFO). His appointment will be effective from March 6, the private sector lender said in a regulatory filing. Sharma replaces Jairam Sridharan, who has resigned as the group executive and CFO of the bank, with effect from the close of business hours on March 5, it said. Prior to joining Axis Bank, Sharma spent 12 years at Tata Capital as a senior management functionary and was the group CFO since 2014 accountable for financial control, financial planning & accounting and taxation amongst other deliverables, the statement said.

Soon, you will be charged even for failed transactions at Axis Bank ATMs

The proposed fee will be Rs 25 per transaction; the bank has uploaded a notice on its website listing this and three other charges coming into effect from 1 April 2020

RBI approves Sunil Gurbaxani's appointment as Dhanlaxmi Bank MD and CEO

Gurbaxani is working with Axis Bank at present.

Axis Bank in talks to acquire significant stake in Max Life Insurance

Private sector lender Axis Bank has entered into an exclusive agreement with Max Financial Services and Max Life Insurance to explore a long-term strategic partnership with the life insurance arm

Axis Bank to explore possibility of strategic partnership with Max Life

Max Life is currently the largest non-bank owned private life insurer in India

Axis Bank plans to raise Rs 4,175 crore via NCDs on private placement basis

The coupon rate for the issue will be 7.65 per cent per annum, the filing added.

Axis Bank jumps 3% as Q3 loan growth hits 7-qtr high, NIM best in 2.5 yrs

The bank's net interest income, which grew 15.15 per cent, met D-Street estimates. It's standalone NII stood at Rs 6,452.98 crore over an NII of Rs 5,603.7 crore clocked in Q3FY19.

Axis Bank Q3 net profit misses Street estimates, up 5% YoY at Rs 1,757 cr

On the asset quality front, the Mumbai-based bank reported gross non-performing assets at Rs 30,073 crore for the recently concluded quarter. This was up 3.4 per cent QoQ

Axis Bank Q3 results: PBT down 8.03%, bad loan provisions fall 11.63%

The stock closed lower by 0.7 per cent at Rs 712.7 per share on BSE

SAT extends status quo on Axis Bank-Karvy Stock Broking case till Jan 31

On January 15, Axis Bank had moved SAT seeking relief against an order passed by the Securities and Exchange Board of India (Sebi)

Axis Bank Q3 preview: Commentary on employee churn, NPAs key monitorables

During the quarter under review, the counter has outperformed the benchmark S&P BSE Sensex by surging 10.12 per cent, as against a 6.6 per cent gain in the index.