Tue, Feb 18, 2025
The Reserve Bank should focus on making liquidity easier rather than cutting rates if the intent is to drive growth, Axis Bank's chief economist Neelkanth Mishra said.
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Fri, Jan 17, 2025
Axis Bank Q3FY25 results miss estimates as net profit rises three-point eight three percent YoY. Slower credit, deposit growth, and rising slippages prompt brokerages to cut target prices.
Thu, Jan 16, 2025
Axis Bank Q3 Results: Private sector lender Axis Bank on Thursday reported a 4 per cent rise in standalone net profit to Rs 6,304 crore for the third quarter ended on December 31, 2024. The bank had earned a net profit of Rs 6,071 crore in the October-December quarter of the previous year.
Thu, Jan 09, 2025
SBI Amrit Vrishti Scheme: State Bank of India provides 7.75 per cent interest rate to senior citizens on this special FD scheme while others get a 7.25 per cent interest rate.
Thu, Dec 12, 2024
Axis Bank's chief economist Neelkanth Mishra, who is also a part-time member of the Economic Advisory Council to the Prime Minister, stressed that a change of guard at RBI will not result in any veering off and added that the institutional ability is very strong.
Mon, Dec 09, 2024
Indian equities in Monday's trade traded with weakness amid losses in their Asian peers. In view of the technicals of the stock, analysts recommended scrips across sectors ranging from auto to energy among others.
Mon, Oct 28, 2024
Axis Bank stated that the show-cause notice is being reviewed and that they will file responses with SEBI, citing requisite regulatory approvals for the transactions. In August, the Delhi High Court directed SEBI, RBI, and IRDAI to investigate the matter. Axis Bank acquired additional Max Life Insurance equity shares worth Rs 336 crore, increasing their stake to almost 20% from 19.02% after receiving insurance regulatory approval.
Fri, Oct 18, 2024
As global brokerages remained bullish on the stock despite its weak Q2, the stock gained sharp momentum and rallied up to 4 per cent in intraday trade.
Wed, Oct 16, 2024
The country's leading private sector lender Axis Bank is set to release its quarterly results tomorrow. Zee Business research inputs suggest profit after tax (PAT) at the lender to grow by 8.5 per cent in the September quarter to Rs 6,366 crore.
Thu, Oct 10, 2024
Compare HDFC, ICICI, and Axis Bank FD rates for a Rs 1,00,000 investment. Discover which bank offers the highest returns after one year and make an informed, secure investment decision.
Fri, Sep 20, 2024
On a concall by Axis Bank, Zee Business had raised the issue of Axis Capital’s merchant banking practices in this particular matter.
Which stocks will be in focus today including Kesoram Industries, GNFC, National Aluminum, and Axis Bank? On the basis of which news there will be action in the market? What are the important triggers for the market? Know here in Stock In News.
Wed, Sep 18, 2024
Upon attaining the age of 18 years, the NPS Vatsalya account will seamlessly be converted into a regular NPS account.
SBI gives 6.80 per cent interest on one year year FD, 6.75 per cent on three years FD, and 6.50 per cent interest on 5 years FD scheme.
Wed, Sep 11, 2024
RBI has imposed a total penalty of Rs 2.91 crore on Axis Bank and HDFC Bank for failing to meet statutory and regulatory compliance standards. Will this affect customers? Here's everything you need to know-
The Reserve Bank of India (RBI) said a penalty of Rs 1.91 crore has been imposed on Axis Bank for contravention of certain provisions of the Banking Regulation Act, and non-compliance with certain directions on 'Interest Rate on Deposits', 'Know Your Customer (KYC)' and 'Credit Flow to Agriculture-Collateral free agricultural loans'.
Mon, Sep 02, 2024
Axis Bank shares on a year-to-date basis has underperformed the headline Nifty index.
Thu, Aug 29, 2024
A look at interest rate offered by SBI, BoB, ICICI, Axis Bank, PNB, and HDFC Bank on fixed deposits to general citizens.
Wed, Aug 14, 2024
SBI FD Interest Rate: Fixed deposits are a secure way to grow savings, offering competitive returns. Interest rates vary by bank, deposit amount, and tenure. Leading banks include ICICI, PNB, HDFC, and more.
Mon, Aug 12, 2024
The Delhi High Court was hearing a plea that sought to probe alleged fraudulent practices by Axis Bank in the sale and purchase of shares in Max Life Insurance.
Tue, Jul 30, 2024
Senior citizens benefit from slightly higher interest rates through Senior Citizen Fixed Deposit schemes. However, the interest rates for senior citizens can vary based on several factors, with the tenure being one of the most important considerations.
Thu, Jul 25, 2024
As the private sector lender came up with mixed Q1 show with NII beating estimates, most brokerages continued with the previous rating barring Citi.
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