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.

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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.

Biggest heist in Delhi: Cash van driver flees with Rs 22.5 crore

In what could be the biggest cash heist in the national capital, the driver of a cash transit van allegedly fled with around Rs 22.5 crore from southeast Delhi's Govindpuri area on Thursday.

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Microsoft CEO Satya Nadella to visit Mumbai on November 5

Microsoft CEO Satya Nadella to visit Mumbai on November 5

Microsoft chief Satya Nadella will meet industry leaders like Mahindra Group Chairman Anand Mahindra, Axis Bank head Shikha Sharma and Tata Starbucks CEO Avani Davda during his one-day visit to India on November 5.

Axis Bank slumps over 7%; mcap dips Rs 9,119 crore post Q2 result

Axis Bank slumps over 7%; mcap dips Rs 9,119 crore post Q2 result

Shares of Axis Bank Wednesday slumped over 7 percent, wiping out Rs 9,119 crore from its market valuation after the company's September quarter results sparked concerns related to impairments of assests.

Govt plans to privatise IDBI Bank: Sinha

The government is planning to lower its stake in IDBI Bank as it wants the troubled lender to transform the way Axis Bank has done, Minister of State for Finance Jayant Sinha said on Tuesday.

Axis Bank Q2 net profit rises 19% to Rs 1,916 crore

Axis Bank Q2 net profit rises 19% to Rs 1,916 crore

Private sector lender Axis Bank Tuesday reported a 18.93 percent increase in its net profit at Rs 1,915.64 crore for the second quarter ended September 30.

Have initiated internal probe: Axis on forex scam

Private player Axis Bank on Monday said it has initiated internal probe into the alleged illegal money transfer case involving Rs 557 crore and the matter is being taken on a "priority basis".

Consolidation can create only big weaker PSBs now: Nayak

Former chairman of Axis Bank P J Nayak, who headed a government panel on banking reforms, has criticised government's move to consolidate state-run banks which are facing serious asset quality issues, saying it will only lead to bigger weaker banks.

Axis Bank realigns home loan rates; introduces new slab

Country's third largest private lender Axis Bank Tuesday introduced a new slab for its home loan borrowers with offers starting at 9.60 percent onward.

RBI impact: Banks cut interest rates; loans to turn cheaper

RBI impact: Banks cut interest rates; loans to turn cheaper

A number of banks including state-run PNB, IDBI Bank and Bank of Baroda, as also private sector lender Axis Bank Wednesday lowered lending rates -- a day after RBI surprised with a larger-than-expected policy rate cut and prodded banks to pass on the benefits.

Axis Bank cuts base rate by 0.35% to 9.50%

Axis Bank cuts base rate by 0.35% to 9.50%

Axis Bank, country's third largest private sector lender, Wednesday followed others in the system by cutting its base rate or the minimum rate of lending by 0.35 percent to 9.50 percent.

 

I give money to my father and he takes good care of it: Deepika Padukone

I give money to my father and he takes good care of it: Deepika Padukone

One would like to believe that our A-listed Bollywood celebs have all the money with them to splurge at anytime, but that's not the case it seems. Well, one of the highest paid actresses in the industry Deepika Padukone has revealed that it is her father, former Badminton Champion Prakash Padukone, who takes care of her investments.

Axis Bank rules out cut in base rate for next two months

Axis Bank rules out cut in base rate for next two months

Even as its larger rival HDFC Bank cut base rate by a sharp 35 basis points to 9.35 percent late last month, the third-largest private sector lender Axis Bank Friday ruled out any immediate reduction in its loan pricing.