On November 21, 2014 10:08 (IST)
Expectations for more merger and acquisitions (M&As) in the banking industry after Kotak Mahindra Bank's $2.4 billion takeover deal with ING Vysya boosted smaller lenders on Friday. Thursdays record deal has raised speculation over likely mergers in ...
On November 20, 2014 15:30 (IST)
Larsen & Toubro and Axis Bank fell over one per cent each as declining rupee lowers prospects of early rate cuts by the central bank.
On November 18, 2014 23:12 (IST)
The city-based bank claimed that at 3.25 per cent fixed rate coupon, this is the lowest ever paid by an issuer in this tenor for senior unsecured notes. The bonds are due 2020 and were issued by the Dubai branch. They will be listed on the Singapore ...
On November 18, 2014 09:23 (IST)
The Nifty opened flat on Tuesday as indicated by futures trade on Singapore Stock Exchange. Foreign investors continued to be net buyers of Indian equities on Monday as they have bought shares worth Rs 656 crore in cash market. However domestic inves...
On November 17, 2014 20:58 (IST)
India's third largest private lender has given a price guidance of 1.95 per cent above the US treasury, the sources said, adding the money will be raised through the Dubai branch of Axis Bank and instruments listed on Singapore Stock Exchange.
On November 12, 2014 17:17 (IST)
The BSE Sensex and Nifty touched record highs for the second time this week as rate-sensitive stocks such as Axis Bank rose on hopes easing inflation would prompt the Reserve Bank of India (RBI) to cut interest rates earlier than expected.
On November 11, 2014 23:42 (IST)
The World Bank Group's development finance body, IFC, on Tuesday raised Rs 1,000 crore through a 10-year bond, which will be invested in private sector lender Axis Bank's forthcoming infra bond issue.
On November 09, 2014 18:07 (IST)
Raising concerns about over-dependence of Indian capital markets on foreign institutional investors or FIIs, eminent banker Deepak Parekh has said that something needs to be done to change this pattern.
On November 09, 2014 16:09 (IST)
Banking consumers will have to pay more if they are prolific with ATM transactions as State Bank of India (SBI) and its private sector peers HDFC Bank and Axis Bank have capped the free usage in six metros at three.
On November 06, 2014 16:13 (IST)
Bharti group chairman Sunil Mittal on Thursday said the telecom industry wants more spectrum and the government should make it available.
On November 04, 2014 01:06 (IST)
As government seeks to raise Rs 15,000 crore by sale of residual stakes in ITC, L&T and Axis Bank, it has received seven bids from fund houses for managing an exchange traded fund (ETF) created for this purpose.
On October 26, 2014 16:57 (IST)
At least two banks, the third largest private sector lender Axis Bank and the south-based Federal Bank, have said they have not classified KFA, Mallya and his senior officials as wilful defaulters.
On October 23, 2014 14:36 (IST)
Buying by foreign funds, a stable government at the centre and hopes of big bang reforms have lifted domestic stock markets to record highs in Samvat 2070.
On October 20, 2014 12:54 (IST)
Axis Bank , which reported its second quarter earnings on Friday, was the top gainer on the banking sub-index on the BSE. Nomura on Monday raised its target price on Axis Bank from Rs 460 to Rs 490 citing a beat in its pre-provision operating profit ...
On October 20, 2014 10:36 (IST)
The Nifty opened with sharp gains on Monday as indicated by futures trade on Singapore Stock Exchange and on the back of positive domestic cues. Foreign investors continued to be net sellers of Indian equities on Friday as they have sold stocks worth...
On October 17, 2014 21:45 (IST)
The bank, the third largest among the private sector lenders, had reported a post-tax net of Rs 1,362 crore in the corresponding period last year.
On October 16, 2014 18:21 (IST)
Axis Bank Ltd, India's third-biggest private sector lender, said on Thursday it cut its base lending rate by 10 basis points, effective October 15, becoming the first bank to cut lending rate in recent months.
On October 14, 2014 12:59 (IST)
The Bank Nifty recovered sharply to trade 0.42 per cent higher at 15,744 after hitting a low of 15,560 during the intra-day. Axis Bank gained 2.4 per cent higher, while IndusInd Bank was up 2.2 per cent at Rs 649.