Company: Axis Bank Ltd. Category: Company News

The comments come even as the banking system is coming out of the bad loan mess which has afflicted it for over the past five years
July 11, 2019, 5 p.m.

The deal could help the bank boost loans and the overall capital buffer, which is the lowest among its private-sector bank peers as of March 31, 2019.
July 11, 2019, 11:50 a.m.

On Wednesday, the bank informed stock exchanges that its board will meet on 20 July to explore fundraising options.Axis Bank last raised $1.78 bn through a private placement of shares from a clutch of investors led by private equity fund Bain Capital in Nov 2017
July 10, 2019, 10:10 p.m.

However, the bancassurance relationship between Max Life and Axis Bank will continue
July 9, 2019, 4:40 p.m.

Jubilant Foodworks gained over 1% after CLSA maintained buy call on the stock with a target at Rs1,500 per share.
July 4, 2019, 11:53 a.m.

Lower credit cost, operating leverage and shift in loan mix are key positives
July 3, 2019, 8:20 p.m.

On the sectoral front, IT, metal and FMCG are trading marginally lower on the NSE, while buying is seen in the auto, infra and energy space.
July 3, 2019, 9:35 a.m.

The bank plans to seek board approval for the sale as early as next month, the people said, asking not to be identified as the information is private, media report added.
June 27, 2019, 3:58 p.m.

India's third-largest private sector lender, led by Chief Executive Officer Amitabh Chaudhry, is talking to potential advisers about the fundraising, according to sources
June 27, 2019, 3:39 p.m.

LIC had been asked to avoid having high exposure to banks in terms of equity, mainly owing to the fact it holds 51% in IDBI Bank which has been allowed by special dispensation of the IRDAI.
June 25, 2019, 8:22 a.m.