Axis Bank

WhatsApp leak case: Sebi orders Axis Bank to probe results leak, beef up systems

WhatsApp leak case: Sebi orders Axis Bank to probe results leak, beef up systems

Sebi began a probe last month after a media report surfaced with respect to circulation of Unpublished Price Sensitive Information (UPSI) in various private WhatsApp groups about certain companies, including Axis Bank, ahead of their official announcements.

Dec 27, 2017, 20:46 PM IST
Markets retreat from record highs; Axis Bank slumps over 9%

Markets retreat from record highs; Axis Bank slumps over 9%

The benchmark Sensex fell as much as 0.44 percent to 32,464.40, while the Nifty looked set to snap a four-session win streak, losing as much as 0.49 percent to 10,184.35.

Oct 18, 2017, 11:53 AM IST
Quarterly earnings, inflation data to steer mkts this week

Quarterly earnings, inflation data to steer mkts this week

Stock markets would be closed on Thursday and Friday for Diwali. Markets will open on Diwali (Thursday) for an hour for Muhurat trading session.

Oct 15, 2017, 11:54 AM IST
Flipkart's Festive Dhamaka Days sale: Here are attractive deals

Flipkart's Festive Dhamaka Days sale: Here are attractive deals

The online retailer offers blockbuster deals on smartphones, mobiles, TVs and appliances, electronics, furniture, and more. 

Oct 05, 2017, 10:06 AM IST
ICICI Bank, Axis Bank launch 'cashback' home loans; Here are details

ICICI Bank, Axis Bank launch 'cashback' home loans; Here are details

The product, which comes amid a long period of excess liquidity, sluggishness in overall credit pick-up and fears of a slowdown in the residential property market

Oct 01, 2017, 12:27 PM IST
Brick Eagle Capital raises Rs 100 crore for affordable housing

Brick Eagle Capital raises Rs 100 crore for affordable housing

Brick Eagle aims to raise Rs 500 crore for facilitating development of 50,000 homes for low-income families as well as generating good returns for its investors.

Sep 18, 2017, 16:17 PM IST
RBI has directed resolution of 12 accounts by December: Axis Bank

RBI has directed resolution of 12 accounts by December: Axis Bank

It said around 75 per cent of the outstanding was secured and the provision held for this outstanding was Rs 862 crore.

Sep 01, 2017, 17:02 PM IST
Parsvnath leases 74,000sq ft office area to WHO, Facebook India

Parsvnath leases 74,000sq ft office area to WHO, Facebook India

While the World Health Organisation (WHO) has taken on lease about 50,700 sq ft of office space for its headquarter, Facebook India has taken 23,000 sq ft area, Jain said.

Aug 20, 2017, 14:27 PM IST

ICICI Bank cut interest rate on savings account by 0.5%

The interest rate on savings bank accounts with deposits of Rs 50 lakh and above remains unchanged at 4 percent, the bank said in a regulatory filing.

Aug 18, 2017, 23:59 PM IST
Axis Bank launches new home loan product

Axis Bank launches new home loan product

Aiming to ramp up its mortgage book volumes and expecting better credit behaviour, Axis Bank on Thursday launched a home loan product that entails waiving off a few EMIs during the course of a loan.

Aug 17, 2017, 17:10 PM IST
Axis Bank cuts interest rate on savings accounts by 0.50%

Axis Bank cuts interest rate on savings accounts by 0.50%

Within days of SBI slashing interest rate on savings bank account - Axis Bank - has followed suit, cutting it to 3.5 percent on deposits of up to Rs 50 lakh.

 

Aug 08, 2017, 15:16 PM IST
Global cues, banks stocks drag Indian equities lower

Global cues, banks stocks drag Indian equities lower

 Negative global cues, coupled with heavy selling pressure in banking and metal stocks, dragged the Indian equity markets lower on Thursday.

Aug 03, 2017, 15:52 PM IST
Time to focus on continuing Snapdeal journey: Kunal Bahl

Time to focus on continuing Snapdeal journey: Kunal Bahl

The alternate plan, as per reports, is to trim Snapdeal further and continue operations on a lighter scale.

Jul 28, 2017, 14:27 PM IST
Axis Bank acquires payments wallet Freecharge for Rs 385 crore

Axis Bank acquires payments wallet Freecharge for Rs 385 crore

Acquiring Freecharge's business would give Axis Bank access to about 52 million mobile wallet holders of Freecharge as well as about 150 to 200 professionals.

Jul 27, 2017, 13:46 PM IST
Axis Bank likely to acquire Freecharge for Rs 350-400 crore; announcement likely today

Axis Bank likely to acquire Freecharge for Rs 350-400 crore; announcement likely today

Snapdeal is also looking at selling its e-commerce business and has been engaged in discussions with larger rival Flipkart for the past few months.

Jul 27, 2017, 09:13 AM IST
India Inc pay gap: CEOs earn up to 1,200-times of average staff

India Inc pay gap: CEOs earn up to 1,200-times of average staff

An analysis of remuneration disclosures made by top listed companies forming part of the blue-chip index Sensex -under directions of the capital markets regulator Sebi -shows that the pay packages of senior-most personnel such as CEOs and executive chairmen continue to remain high and rose further at most private sector firms during 2016-17.

Jul 23, 2017, 14:45 PM IST
Axis Bank launches super bikes loans; to fund 95% of costs

Axis Bank launches super bikes loans; to fund 95% of costs

The loans, which are for motorcycles with an engine displacement of over 500 cubic centimetres (cc), will come at a price tag of 10-11 percent per annum.

Jul 05, 2017, 14:40 PM IST
Axis Bank cuts MCLR for short-term loans by up to 0.10%

Axis Bank cuts MCLR for short-term loans by up to 0.10%

For overnight and one-month lending, the MCLRs are cut by 0.10 percent each to 7.80 percent (each).

Jun 16, 2017, 20:06 PM IST
Axis Bank cuts home loan rates by 0.30% to 8.35%

Axis Bank cuts home loan rates by 0.30% to 8.35%

Under the new rates, which are effective from May 16, the rate of home loans under Rs 30 lakh by salaried borrowers has been cut by 0.30 percent to 8.35 percent.

May 18, 2017, 14:11 PM IST

NPA norms welcome, will force decisions: Axis' Shikha Sharma

Axis Bank MD and CEO Shikha Sharma today welcomed changes in NPA resolution as moves that will "force" decisions by cutting layers, and also said the bank is looking for one more life insurance distribution tie-up.

May 11, 2017, 16:44 PM IST