Sell Axis Bank Below Rs 580, Says Imtiyaz Qureshi
Aug 25, 2016
Bullish On ICICI Bank, Axis Bank: Sumeet Bagadia
Jul 12, 2016
On August 17, 2016 20:54 (IST)
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.
On August 16, 2016 08:40 (IST)
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.
On August 12, 2016 14:07 (IST)
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.
On August 05, 2016 12:56 (IST)
Banks were among the leading gainers with ICICI Bank rising 2.8 percent and Axis Bank gaining 3.4 percent.
On July 28, 2016 22:05 (IST)
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.
On July 27, 2016 21:52 (IST)
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.
On July 26, 2016 20:06 (IST)
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.
On July 25, 2016 17:02 (IST)
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.
On July 25, 2016 16:13 (IST)
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.
On July 25, 2016 08:49 (IST)
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.
On July 25, 2016 15:00 (IST)
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.
On July 22, 2016 17:47 (IST)
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.
On July 22, 2016 15:46 (IST)
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.
On July 22, 2016 08:48 (IST)
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.
On July 20, 2016 17:28 (IST)
Axis Bank has slashed its minimum lending rate by 10 basis points to 9.35 per cent, with effect from July 27.
On July 15, 2016 19:26 (IST)
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.
On July 13, 2016 13:13 (IST)
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.
On July 13, 2016 08:33 (IST)
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.