Markets will swing to the tunes of Covid for some time to come till we see medical intervention eliminate the threat completely, says Gopani
Axis Bank announced its partnership with MinkasuPay to offer the smoothest net banking payment experience for its customers through a biometric authentication solution.
Axis Bank said first of these transactions was executed with Reliance Industries which involved the use of Barrier FX options for their currency risk management
A Death Cross, Descending triangle and a breach of significant levels reflect downside up to 16% for these banking shares
Axis Bank on Tuesday said The Oriental Insurance Company has been categorised to public category from promoter category shareholder in the bank
MapmyIndia will be making its debut today, and is expected to list at a premium
Axis Bank on Monday said it will raise up to Rs 5,000 crore by issuing bonds. In April this, the board of directors of Axis Bank had authorised it to borrow/raise funds in Indian currency/foreign currency by issue of debt instruments, perpetual debt instruments, AT 1 bonds, infrastructure bonds and Tier II capital bonds among others up to an amount of Rs 35,000 crore. "We now wish to inform you that the bank proposes to raise funds by issuing senior unsecured taxable redeemable non- convertible debentures of Rs 10 lakh each for cash at par with base issue size of Rs 2,000 crore and green-shoe option to retain over-subscription of Rs 3,000 crore thereby aggregating up to Rs 5,000 crore," Axis Bank said in a regulatory filing. Stock of Axis Bank traded at Rs 663.25 apiece on the BSE, down by 3.74 per cent from previous close.
The deadline has already been extended once, and if the borrowers are not able to meet the parameters, banks are required to classify the loans as "non-performing"
Are we exploring other opportunities, there is nothing on the table at the moment, says top bank official
Amitabh Chaudhry makes this statement at a discussion on new-age internet companies drawing high valuations, sometimes even higher than the traditional businesses
The two lenders posted strong performance in Q2, and analysts' target prices indicate upside of at least 35-40%
Maruti expects December production at its Gujarat and Haryana plant to be impacted by the ongoing semiconductor shortage
The order came after Axis Bank challenged the communication issued on December 8, 2020 by NSE
The ratings agency has maintained 'Negative' on the bank's long-term IDR
Expect PNB, Bandhan Bank and other banks to trade with a negative bias below 200-DMA
The current market sentiment is uncertain and may provide opportunities in major stocks. Here are five bank stocks that look good on the technical charts for a 10 per cent upside in one month
Reliance Industries has decided to implement a Scheme of Arrangement (Scheme) to transfer Gasification Undertaking into a wholly-owned subsidiary (WOS)
The country's largest lender, SBI, is looking at raising an additional Rs 4,000 crore, Axis Bank Rs 2,000 crore and Canara Bank Rs 1,500 crore
Here's a list of stocks recommended by top brokerage and research firms that can help you build your portfolio this Diwali
Bajaj Finance, Bajaj Finserv, IndusInd Bank, HUL, Tata Steel and NTPC were among the other laggards