Company: Axis Bank Ltd. Category: Company News

The rating action in case of two Indian private banks comes after Fitch lowered its midpoint for India's operating environment to 'bb+' from 'bbb-'
June 3, 2019, 9:31 p.m.

The Nifty Bank index was trading higher by 1.16% at 29,903.
April 26, 2019, 2:19 p.m.

The banks NII was up by 20.6% yoy to Rs5,606cr against Rs4,730cr.
April 26, 2019, 12:36 p.m.

The ministry is filling two applications and a petition against Bawa and his wife and the banks after it has come to light that the parties have broken the orders of the bankruptcy tribunal
April 25, 2019, 9:48 p.m.

Net interest income for the quarter, which is interest earned less interest expended, increased by 21 per cent to Rs 5706 crore from Rs 4730 crore in the previous year's quarter
April 25, 2019, 5:39 p.m.

The rise in profit was aided by a fall in total provisions, which more than halved on a year-on-year basis to ₹2,711.4 crore in Q4.The bank saw slippages of ₹3,012 crore in Q4 FY19, down 81.7% y-o-y and down 19.5% sequentially
April 25, 2019, 5:10 p.m.

Axis Bank's gross NPA declined from Rs 30,854.6 crore to Rs 29,789.4 crore on a sequential basis while Net NPA also dropped 30 basis points (bps) to 2.06 per cent
April 25, 2019, 5:10 p.m.

Shares of Indiabulls Housing Finance and HDFC, which gained 2% each, were leading the index gain.
April 4, 2019, 2:01 p.m.

The brokerages have revised their price targets on the bank post the management announcement, as per media reports.
March 20, 2019, 11:40 a.m.

Rakesh Makhija, who is the Chairman of SKF India, will take over from current Axis Bank Chairman Sanjiv Mishra, when his term comes to an end on July 17.
March 13, 2019, 9:08 a.m.