On June 26, 2015 21:38 (IST)
A day after its bigger rival ICICI Bank cut its lending rate, Axis Bank, India's third-largest private lender, on Friday lowered its base rate by 0.10 per cent to 9.85 per cent, effective June 30.
On June 08, 2015 13:23 (IST)
Coal India continued to be the top gainer in Nifty, up around 2 per cent. Nomura in a note to clients has said that the proposed auction of coal linkages for the non-regulated sectors will boost the realisation of Coal India in FY16. Nomura has a "bu...
On June 08, 2015 11:36 (IST)
Selling was also visible in the broader indices. The BSE midcap index fell 0.7 per cent and the BSE small cap index was down 0.46 per cent.
On June 03, 2015 22:03 (IST)
The revision in deposit rates, which generally precedes a lending rate cut, is applicable June 9, the official said.
On June 03, 2015 20:32 (IST)
The foreign shareholding by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in Axis Bank Ltd has gone below the threshold limit, RBI said in a notification.
On June 01, 2015 19:28 (IST)
The issue is being managed by Axis Capital, Citigroup Global Markets India, HDFC Bank, ICICI Securities and Kotak Mahindra Capital Company.
On June 01, 2015 12:41 (IST)
The 50-share Nifty also came off the intraday highs and was trading below its crucial psychological level of 8,450 led by losses in Sun Pharma, Axis Bank, HDFC Bank and ICICI Bank.
On May 28, 2015 11:09 (IST)
Global investment bank Deutsche Bank on Thursday reiterated its March 31, 2016 Sensex target of 33,000 despite the recent correction in domestic equities.
On May 28, 2015 11:09 (IST)
The 50-share Nifty jumped above its important psychological level of 8,350 led by buying blue-chip stocks such as Hero MototCorp, Tata Motors, ICICI Bank and Axis Bank.
On May 27, 2015 10:09 (IST)
The 50-share Nifty which fell below its crucial psychological level of 8,300 was trading above that level as buying in blue-chip stocks such as BPCL, Axis Bank, Punjab National Bank and Bank of Baroda resumed.
On May 22, 2015 20:43 (IST)
The foreign fund sold a total of 1,93,06,020 shares, amounting to 0.81 per cent stake of Axis Bank, as per the information available with the stock exchanges.
On May 21, 2015 09:30 (IST)
Nifty was trading above its crucial psychological level of 8,400 led by some gains seen in blue-chip stocks like Axis Bank, Infosys, Larsen & Toubro and ONGC.
On May 06, 2015 18:45 (IST)
Banks such as SBI, ICICI Bank, HDFC Bank and Axis Bank had cut lending rates by up to 0.25 per cent after RBI Governor Raghuram Rajan's tough talk with bankers on April 7.
On April 30, 2015 12:11 (IST)
Shares of Axis Bank rose as much as 3.7 per cent in early trade on Thursday to Rs 572 after the private lender reported strong fourth quarter earnings.
On April 29, 2015 22:29 (IST)
The nation's third-biggest private sector lender by assets posted a better than expected 18.4 per cent rise in net profit to Rs 2,181 crore ($344.6 million) in its financial fourth quarter to March 31, beating a consensus analysts' forecast of Rs 2,1...
On April 29, 2015 15:57 (IST)
Net interest income (NII), or interest earned over interest, paid on deposits grew 20 per cent annually to Rs 3,800 crore against Rs 3,165 crore in the year ago period.
On April 29, 2015 13:07 (IST)
The Nifty was trading above its crucial psychological level of 8,250 led by gains in blue-chip stocks like ICICI Bank, Axis Bank and Sun Pharma.
On April 25, 2015 16:07 (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.