On April 24, 2015 19:17 (IST)
India's debt and forex markets are expected to remain ranged next week with a downward bias ahead of the Federal Reserve meeting outcome
On April 21, 2015 13:50 (IST)
The 50-share Nifty was trading above its important psychological level of 8,400 supported by buying visible in the private sector banking stocks such as ICICI Bank, Axis Bank and Yes bank.
On April 19, 2015 13:33 (IST)
Building up its stake in Axis Bank, Life Insurance Corporation (LIC) has bought over 43 lakh shares, or a 0.18 per cent stake, in the private sector lender for about Rs 243 crore.
On April 15, 2015 10:48 (IST)
With inflation below the RBI's upper end target range of 6.0 per cent, analysts expect RBI Governor Raghuram Rajan to surprise investors with another rate cut.
On April 15, 2015 08:47 (IST)
Most of the Asian markets were trading on a flat note. The Hang Seng was up 0.05 per cent, Shanghai Composite was down 0.09 per cent and Japan's Nikkei was also trading with marginal losses.
On April 14, 2015 19:18 (IST)
Axis Bank, ICICI Securities, IDFC Securities and Macquarie Capital were the managers of the issue.
On April 10, 2015 20:02 (IST)
The HDFC rate cut comes in the wake of several big banks like SBI, ICICI Bank, Axis, and HDFC Bank cutting their base rates or the minimum lending rate.
On April 09, 2015 22:29 (IST)
Accordingly, the local currency bank deposit ratings and the senior unsecured ratings of three Indian private sector banks have been downgraded to Baa3/P-3 from earlier Baa2/P-2.
On April 08, 2015 21:48 (IST)
Axis Bank, the countrys third largest private sector lender, on Wednesday cut its base rate or the minimum rate of lending by 0.20 per cent to 9.95 per cent, following its larger peers who also cut their offerings the previous day following Reserve B...
On April 07, 2015 14:37 (IST)
Reserve Bank of India kept interest rates on hold at 7.50 per cent on Tuesday, choosing to wait longer to assess inflationary pressures before making its next move.
On March 31, 2015 16:43 (IST)
Analysts say IPO of GVK Airport Developers will help the company monetise its assets and will unlock value for the shareholders.
On March 30, 2015 20:03 (IST)
GVK has mandated Citigroup, Bank of America-Merrill Lynch, Axis Capital and JM Financial Services to manage the IPO for unit GVK Airport Developers Pvt Ltd, the sources added.
On March 19, 2015 23:23 (IST)
Axis is one of the first major banks to slash its deposit offering since RBI's rate cut.
On March 09, 2015 13:38 (IST)
The BSE Sensex fell over 500 points on Monday and breached the psychological 29,000 levels tracking weakness across global stocks. In point terms, today's fall is the single biggest since January 6, when the Sensex had crashed 850 points. The broader...
On March 05, 2015 00:04 (IST)
Axis Bank on Wednesday managed to price its $250-million on-tap 10-year bond sale to international investors at the same rate of 3.25 per cent at which it had sold bonds last November.
On March 04, 2015 12:50 (IST)
Mr Manghnani is positive about the fact that in the current rally midcap and smallcap stocks have participated more than large cap stocks.
On March 02, 2015 15:51 (IST)
In his Budget, Mr Jaitley hiked the excise duty on different categories of cigarettes by 15 per cent to 25 per cent. This was the fourth straight year of large tax increase for tobacco manufacturers.
On February 28, 2015 17:47 (IST)
The Nifty gained 0.8 per cent in a week marked by budget anticipation, while gaining 1.05 per cent in February, its second consecutive monthly gain.
On February 18, 2015 21:51 (IST)
In November 2014, Axis Bank had raised $500 million by raising debt overseas.
On February 18, 2015 16:13 (IST)
Driven by higher fund mobilisation by PFC and REC, capital raised by Indian companies through corporate bonds on private placement basis surged by 40 per cent to Rs 2.67 lakh crore in the first nine months of the current fiscal year.