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Axis Bank


'Axis Bank' - 848 News Result(s)

  • Axis Bank Lowers Lending Rate

    Axis Bank Lowers Lending Rate

    Private sector lender Axis Bank on Wednesday cut lending rate by 0.05 per cent, a move which will lower EMIs for its new borrowers.

  • Buy SBI, Axis Bank; Avoid AB Nuvo: Ruchit Jain

    Buy SBI, Axis Bank; Avoid AB Nuvo: Ruchit Jain

    The Sensex rallied nearly 300 points and Nifty closed above its crucial psychological level of 8,650 on Friday on the back of rally in banking shares which was triggered after India's biggest public sector lender reported better-than-expected June quarter earnings.

  • Axis, Suvidhaa Tie-Up For Collateral-Free Loans To Urban Poor

    Axis, Suvidhaa Tie-Up For Collateral-Free Loans To Urban Poor

    Private sector Axis Bank launched a micro-lending product to disburse unsecured loans of up to Rs 15,000 to the urban low income segment using payments company Suvidhaa Inforserve's customer database.

  • Sensex Rallies 1% On Global Cues; Banking Stocks Outperform

    Sensex Rallies 1% On Global Cues; Banking Stocks Outperform

    Banks were among the leading gainers with ICICI Bank rising 2.8 percent and Axis Bank gaining 3.4 percent.

  • LIC Ties Up With Axis Bank To Sell Lfe Covers

    LIC Ties Up With Axis Bank To Sell Lfe Covers

    In one of the largest bancassurance partnerships since life insurance policy sale by banks was liberalised, industry behemoth LIC and third largest private sector lender Axis Bank on Thursday entered into a tie-up to sell the former's products.

  • Bank Of Baroda Among 13 Lenders Fined 27 Crores For Violating Forex Laws

    Bank Of Baroda Among 13 Lenders Fined 27 Crores For Violating Forex Laws

    In a major crackdown for violations and lapses related to foreign exchange laws and KYC (know your customer) norms, the Reserve Bank of India has imposed a Rs 27 crore penalty on 13 public- and private-sector banks, while asking eight others including State Bank of India (SBI) and ICICI Bank to ensure strict compliance with guidelines.

  • TCS, Infosys In Forbes 'Super 50' List; Tata Motors Dropped

    TCS, Infosys In Forbes 'Super 50' List; Tata Motors Dropped

    Software majors TCS and Infosys, pharma giants Sun Pharma and Lupin and private sector lenders HDFC Bank and Axis Bank feature in Forbes India's Super 50 List this year, while biggies like Tata Motors and HUL have been dropped.

  • ICICI, Axis Bank Join SWIFT Global Payments Initiative

    ICICI, Axis Bank Join SWIFT 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 Shares Fall On Q1 Profit Miss, Rising Bad Loans

    Axis Bank Shares Fall On Q1 Profit Miss, Rising Bad Loans

    Axis Bank shares fell over 2 per cent on Monday after the lender missed Q1 profit estimates. Axis Bank was the top loser in the Nifty50 index today.

  • Axis Bank Q1 Profit Hit By Bad Loan Surge

    Axis Bank Q1 Profit Hit By Bad Loan Surge

    Axis Bank on Friday reported a surge in bad loans in its first quarter that pushed net profit down by a fifth but the bank said the growth in problem loans was in line with its expectations.

  • Nifty Hits Highest Level In A Year, Sensex Surges Over 250 Points

    Nifty Hits Highest Level In A Year, Sensex Surges Over 250 Points

    The BSE Sensex and the broader Nifty50 index are likely to open flat on Monday, according to futures trading on the Singapore Exchange (SGX). The SGX Nifty traded 5.5 points or 0.06 per cent higher at 8,562.50 as of 08.14 a.m.

  • Axis Bank Q1 Profit Dips 21% To Rs 1,556 Crore As Bad Loans Rise

    Axis Bank Q1 Profit Dips 21% To Rs 1,556 Crore As Bad Loans Rise

    Private player Axis Bank on Friday reported 21 per cent 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.

  • Rangebound Sensex Ends 93 Points Higher, Metal Stocks Shine

    Rangebound Sensex Ends 93 Points Higher, Metal Stocks Shine

    The Sensex and Nifty ended Friday's rangebound session on a positive note on buying in metal and power shares. However, the gains were capped due to lacklustre performance by select banking and IT sectors.

  • Buy Havells India, Axis Bank; Sell Maruti Suzuki: Ruchit Jain

    Buy Havells India, Axis Bank; Sell Maruti Suzuki: Ruchit Jain

    The Nifty has been trading in a narrow range in last 5-6 trading sessions, noted Ruchit Jain, equity technical analyst with Angel Broking. It has support in range of 8,450-8,480 levels, he added.

  • Axis Bank Cuts Base Rate By 0.1% to 9.35%

    Axis Bank Cuts Base Rate By 0.1% to 9.35%

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

  • RBI Allows Foreign Players To Hike Stake In Axis, IDFC Bank

    RBI Allows Foreign Players To Hike Stake In Axis, IDFC Bank

    Reserve Bank has allowed foreign investors to up their stakes in Axis Bank and IDFC Bank to up to 74 per cent and 46 per cent, respectively.

  • E-Filing Tax Returns: ATM-Based Validation Facility Enhanced

    E-Filing Tax Returns: ATM-Based Validation Facility Enhanced

    The Income Tax department has widened the ATM-based validation system for filing e-ITRs by taxpayers with the inclusion of Axis Bank, after SBI, as part of its measure to enhance the paperless regime of filing the annual I-T returns.

  • Buy ICICI Bank, Axis Bank, SBI: Sumeet Bagadia

    Buy ICICI Bank, Axis Bank, SBI: Sumeet Bagadia

    Sensex rose over 150 points while Nifty closed above its important level of 8,500 for first time in 11 months led by strong gains in banking shares. Amid rally in banking shares, NDTV Profit spoke to Sumeet Bagadia, associate director at Choice Broking for his views on banking shares.

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