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Latest Articles in axis bank

Axis Bank Third-Quarter Profit Beats Estimates

India’s banking sector has faced increased scrutiny amid issues including record-high bad loan levels and a $2 billion fraud uncovered at state-run Punjab National Bank early last year

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Sensex Gains 146 Points On Global Cues

The 30-share Sensex rose by 146.18 points, or 0.41 per cent, to 35,061.56 in early trade. The gauge had lost 261.04 points in the previous two sessions

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Axis Bank's CEO Shikha Sharma's Tenure Curtailed, To Step Down As Axis Bank Chief On Dec 31

The Axis Bank board has curtailed the fourth term of its CEO and Managing Director Shikha Sharma to seven months following an unusual request from her that she be relieved on December 2018, 29 months ahead of the scheduled term.

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RBI Drops Axis Bank From List Of Bullion Importers

The removal from the import list is a new blow for Axis, which has faced increased regulatory scrutiny in the last few months because of bad loans

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Axis Bank Q3 Profit Rises 25%, But Lags Estimate

Net profit rose to Rs 7.26 billion ($113.86 million) for the quarter ended December, from Rs 5.80 billion a year ago

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Sensex Rises; IT Stocks Drive Gains

"Markets are hitting newer highs by the week, so people latch on to that opportunity. There is some stability in the market with a little bit of buying," said Hitesh Agarwal, EVP and Head – Retail Research, Religare Securities Ltd

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SPJIMR Witness 30% Jump In Participants Placed; Average Annual Salary Capped At Rs 22.24 Lakhs

Consulting Leads as SPJIMR Closes PGDM Placements in Record Time. According to SPJIMR, 35 percent of the 238 participants from the PGDM Class of 2018 were placed with top consulting firms, translating to a 30 percent increase in the consulting area over the previous batch

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Indian Regulator Says Axis Results Leaked, Orders Lender To Investigate

The information on Axis Bank, which included key metrics on bad loans and net interest margins, "were either identical or matched closely with the figures" except for one metric, the regulator said in the order, published on SEBI's website

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Axis Bank Falls 2 Percent As SEBI Orders Probe Into WhatsApp Leak Case

Axis Bank had late last night said that it would work with SEBI on the issue of ‘leakage’ of unpublished price sensitive information and take appropriate action

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Axis Bank Shares Tumble Over 9% After Bleak Q2 Earnings

The stock after making a weak opening further tanked 8.51 per cent to Rs 469.50 on BSE. At NSE, shares of the company plummeted 9.35 per cent to Rs 465.15

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RBI Wants Lenders To Proceed On Defaulted Loans: Axis Bank

Axis did not disclose which companies were on the list, or how many, but said it had loans to 12 of the names provided to banks by the Reserve Bank of India (RBI) on Monday (28 August)

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Uber To Offer Enhanced Cashless Experience To Riders And Drivers

Uber partners with Axis bank to launch UPI integration for riders and HDFC bank to facilitate access to BHIM for driver partners

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Sensex Regains Strength, Recuperates 93 Points In Early Trade

The 30-share index, which had lost 270.78 points in the previous session, was trading higher by 92.83 points, or 0.29 per cent, at 31,617.51 with the sectoral indices led by metal, realty, bank, auto, PSU and capital goods helping the recovery, rising by up to 1.34 per cent

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Axis Bank's New Home Loan Product Lets You Skip A Few EMIs

The third largest private sector lender will waive off four equated monthly instalments (EMIs) each at the end of the fourth, eighth and the 12th year of a two-year loan

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Axis Bank Slashes Interest Rate, Get 3.5% On Rs 50 Lakh

However, the bank will continue to pay 4 per cent interest on deposits of above Rs 50 lakh

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