Page 50 - Axis Bank

Axis Bank forays into urban microfinance sector

Currently, urban microfinance contributes to 65 percent of the overall microfinance sector

Axis Bank, KBank of Thailand ink pact for trade, investment

Agreement between the two banks were signed as the Thailand Prime Minister Prayut Chan-o-cha is on a three-day visit to India

Axis Bank plans to open 400 branches in FY17

The bank would be eyeing the upcoming smart cities as its potential area

Axis Bank launches India's first certified green bond at London Stock Exchange

This is the first green bond for Axis Bank within its $5 billion Medium Term Note (MTN) programme

Axis Bank shares rise 3% on RBI move

RBI allowed raising foreign shareholding in the company

Axis Bank hits seven month high on RBI nod to raise foreign shareholding up to 62%

The stock was up nearly 3% to Rs 529, its highest level since October 26, 2015 on the BSE in early morning trade.

RBI lets Axis Bank raise foreign shareholding to up to 62% from 49%

RBI said total foreign investment from all sources in the bank shall not exceed 62% of paid-up capital

Axis Bank top brass to take 20-50% cut in variable pay

The decision to take a cut in variable pay came after the Q4FY16 results when the lender reported a decline in its net profit after 46 quarters

Axis Bank raises $500 mn from its maiden green bonds

The bonds got oversubscribed by 2.2 times, which prompted the bank to revise down the price, it said

Axis Bank hits global market with green bonds

Axis Bank is the fifth domestic institution to sell green bonds

Axis Bank appoints Misra as chairman

Move comes a day after he resigned post as SUUTI nominee

Axis Bank elevated Anand and Dahiya as Executive Directors

Prior to this Anand was the group executive & head retail banking where as Dahiya was the group executive and head corporate centre

Is the worst behind Axis Bank post disclosure?

Analysts say the disclosures by Axis Bank give better clarity on earnings going ahead

Axis Bank may see Rs 9,000-cr provisioning over FY17-18

Loans given to iron and steel and the power sector are the highest contributors to the watch list

Axis Bank Q4 net dips after 46 quarters

Provisioning jumps 64% for bad loans , whose level expected to stay elevated

Loan pains could rise for Axis Bank

Net interest margin, loan growth positive surprises, but Rs 22,600 crore of loans on watch list is a key worry

Axis Bank cuts MCLR by 15 basis points to 8.95%

It has also reduced base rate by 5 basis points to 9.45% from existing 9.50%

Axis Bank uses student ideation to support smart cities

Will look at similar themes in future; Foundation will be implementing them

Fiat to deposit SRA rent at Axis Bank stirs row

In a strongly-worded statement, Fadnavis denied any wrongdoing

Axis Bank plans to increase headcount by 10% in FY17

In 2014-15, the number of employees fell, even as the bank increased the number of branches from 2,402 to 2,589