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 ICICI, Axis banks join Swift's global payments initiative

ICICI, Axis banks join Swift's global payments initiative

Global payments leader SWIFT on Monday said ICICI Bank and Axis Bank have become the first domestic lenders to sign up for its global payments innovation initiative, which already has over 70 other leading banks globally.

 Axis Bank Q1 profit dips 21% at Rs 1,556 crore

Axis Bank Q1 profit dips 21% at Rs 1,556 crore

Private player Axis Bank on Friday reported 21 percent decline in net profit at Rs 1,555.5 crore for the first quarter of the current fiscal on account of rise in bad loans.

Axis Bank cuts base rate by 10 bps to 9.35%

Axis Bank has slashed its minimum lending rate by 10 basis points to 9.35 percent, with effect from July 27.

CCEA allows Axis Bank to raise foreign shareholding to 74%

CCEA allows Axis Bank to raise foreign shareholding to 74%

The proposal would lead to foreign investment of about Rs 12,973 crore.

EPFO advisory body against collection of PF dues by private banks

EPFO advisory body against collection of PF dues by private banks

An advisory body of EPFO has rejected a proposal to engage private banks -- ICICI, Axis and HDFC Bank -- for collection of PF contribution from employers.

With 31% jump, HDFC's Aditya Puri top gainer in salary hike among private bank chiefs

With 31% jump, HDFC's Aditya Puri top gainer in salary hike among private bank chiefs

HDFC Bank's Aditya Puri saw the maximum jump in remuneration among private bank chiefs in 2015-16, with a 31 per cent growth at Rs 9.73 crore.

Axis Bank says 60% of its new credit cards sold in non-metros

Axis Bank says 60% of its new credit cards sold in non-metros

 The third largest private sector lender Axis Bank has said smaller centres are outpacing the top eight cities in its credit cards business, fuelled largely by the e-commerce boom.

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

Reserve Bank has allowed Axis Bank to raise foreign shareholding to up to 62 percent, from the earlier limit of 49 percent.

SBI becomes top merchant acquiring bank in country

SBI becomes top merchant acquiring bank in country

Country's largest lender State Bank of India has become the top merchant acquiring bank in the country with 2.96 lakh installed point-of-sale (PoS) terminals as of February 2016.

Axis Bank raises Rs 2,430 cr from debentures

Private sector Axis Bank on Friday said it raised Rs 2,430 crore from debentures to fund business growth.

FIPB clears FDI proposals worth Rs 13,000 crore

FIPB clears FDI proposals worth Rs 13,000 crore

The FIPB on Friday cleared FDI proposals worth Rs 13,000 crore including Rs 12,900-cr proposal of Axis Bank to raise foreign holding to 74 percent.

Q-4 Results of Axis Bank outs, registers loss in profit

Q-4 Results of Axis Bank, registers loss in profit. Watch complete news story for getting detailed updates!

Axis Bank lowers lending rate by 15 bps to 8.95%

Axis Bank, the third largest private sector lender, on Tuesday announced a cut in its lending rate by 0.15 percent to bring it at par with its larger rivals.

Axis Bank's exposure to highly leveraged cos at 8% in Q3

Axis Bank's exposure to highly leveraged cos at 8% in Q3

Axis Bank Monday said it has an exposure of eight percent in eight large debt-ridden corporate groups at the end of December 2015.

Axis Bank shares surge 5.5%, m-cap grows Rs 4,869 cr post Q3

Axis Bank shares surge 5.5%, m-cap grows Rs 4,869 cr post Q3

Shares of Axis Bank Thursday surged 5.5 percent, adding Rs 4,869 crore to its market valuation, after the company saw a 15 percent growth in its December quarter net profit.

Aapka Bazaar : Advice on LIC Housing & Axis Bank

Listen to our experts answer our viewers' query about various stocks that they hold.

Axis Bank Q3 net grows 15% to Rs 2,175 crore

Axis Bank Q3 net grows 15% to Rs 2,175 crore

Total income of the bank rose to Rs 12,531 crore, from Rs 10,929 crore in the year-ago period.

Expert advice on Axis Bank

Expert advice on Axis Bank

Expert advice on Axis Bank

Govt mulling sale of part stake in Axis Bank

Govt mulling sale of part stake in Axis Bank

The government is mulling selling part of its stake in the nation`s third-biggest private sector lender, Axis Bank , Bloomberg TV reported on Thursday.

Axis Bank launches country's first 'display variant' debit card

Country's third largest private sector lender Axis Bank on Wednesday said it has launched a 'display variant' debit card which does away with the hassles of generating one time password (OTP) over SMS while transacting.