On July 27, 2015 23:12 (IST)
The loan will help bolster bank's efforts to improve farm efficiency by extending customised and affordable agriculture credit, that will help leverage its semi-urban and rural branch network to deliver agriculture credit, the city-headquartered lender said in a statement.
On July 27, 2015 21:10 (IST)
The interest rates in the system have been on a declining trend for the last few months, which have seen the RBI cut its key rates thrice by a cumulative 0.75 per cent.
On July 24, 2015 14:59 (IST)
Net profit rose to Rs 1,978 crore for its fiscal first quarter to June 30 from Rs 1,667 crore a year earlier, the bank said in a filing. Analysts on average had expected a net profit of Rs 1,939 crore, according to data compiled by Thomson Reuters.
On July 20, 2015 14:17 (IST)
The Sensex fell on Monday, retreating from a three-month closing high last week, as investors shunned blue chips a day ahead of the monsoon session of Parliament where key reforms such as land acquisition bill are expected to be presented.
On July 17, 2015 16:38 (IST)
Manav Chopra of Networth Stock Broking told momentum indicators are looking week, so the Nifty is likely to extend gains to 8,650 levels.
On July 17, 2015 10:47 (IST)
Shares of Kotak Mahindra Bank, Axis Bank and Yes Bank saw some selling pressure on Friday amid uncertainty over the new composite foreign direct investment (FDI) norms.
On July 16, 2015 17:49 (IST)
The next major hurdle for Nifty is at 8,670, which is the 61.8 per cent Fibonacci retracement level of the move from 9,119 to 7,940, Mr Manghanani added.
On July 16, 2015 16:01 (IST)
The BSE Sensex on Thursday rallied as much as 280 points or 1 per cent, while the 50-share Nifty edged past the key 8,600 level after nearly three months. July has proved to be a good month for domestic stock markets, with the Nifty gaining nearly 3 per cent so far.
On July 16, 2015 15:44 (IST)
Shares of Axis Bank surged nearly 4 per cent and Yes Bank 3 per cent after the Cabinet approved a composite cap for foreign institutional investment (FII) and foreign direct investment (FDI).
On July 15, 2015 16:02 (IST)
The Sensex and Nifty traded on a strong note on Wednesday tracking gains in the global market. The Sensex jumped as much as 285 points to 28,218 and the Nifty surged nearly 1 per cent to trade firm above psychological level of 8,500.
On July 09, 2015 19:12 (IST)
Axis Bank and IDFC are the managers for the issue, the draft prospectus showed.
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 "buy" recommendation on Coal India with a target of Rs 417 per share.
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.