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.
On July 11, 2016 19:35 (IST)
HDFC Ltd, the country's largest private sector mortgage lender, plans to raise Rs 3,000 crore through synthetic bonds, the first ever by an Indian company.
On July 05, 2016 19:10 (IST)
Rating agency Fitch has downgraded its outlook on the Indian banking sector to negative, from stable, due to more downside risks emanating from rising stressed loans and weak corporate earnings, which may further roil banks.
On July 05, 2016 16:13 (IST)
Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Narendra Modi cleared the proposal of Axis Bank for increasing foreign shareholding limit from existing 62 per cent to 74 per cent.
On July 01, 2016 11:43 (IST)
Indian markets extended their gains to the fourth straight day on Thursday with Nifty ending at a fresh 2016 high of 8,287.75. Meanwhile, NDTV Profit spoke to Ruchit Jain, equity technical analyst with Angel Broking for his views on various stocks.
On June 29, 2016 15:45 (IST)
An advisory body of EPFO has rejected a proposal to engage private banks -- ICICI, Axis and HDFC Bank -- for collection of PF contribution from employers.
On June 15, 2016 11:37 (IST)
Nirmal Bang Securities said this scheme will benefit lenders with heavy corporate loan exposure.
On June 08, 2016 20:44 (IST)
Reserve Bank on Wednesday asked income tax assessees to pay their taxes well in advance to avoid any rush towards June-end.
On June 06, 2016 23:13 (IST)
Axis Bank on Monday raised $500 million at the London Stock Exchange after it launched India's first internationally-listed certified green bonds to finance climate change solutions around the world.