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Page 18 - Axis Bank

Private banks Q3 preview: Debt restructuring nos eyed; PAT may grow 20% YoY

Among the pack, mighty banks such as HDFC Bank and ICICI Bank are expected to outperform their peers, analysts say.

Private banks Q3 preview: Debt restructuring nos eyed; PAT may grow 20% YoY
Updated On : 13 Jan 2021 | 12:36 PM IST

Retail and SME loans set for litmus test in 2021 as stress levels may rise

Little leeway on pricing and asset quality at a tricky level could places both segments in a tight spot

Retail and SME loans set for litmus test in 2021 as stress levels may rise
Updated On : 12 Jan 2021 | 11:53 PM IST

BofA, CLSA think Axis, IndusInd Bank are ripe for re-rating; here's why

Analysts at BofA Securities have upgraded Axis Bank, IndusInd Bank, and State Bank of India (SBI) on a "surprisingly" resilient asset quality outlook, and reasonable valuations

BofA, CLSA think Axis, IndusInd Bank are ripe for re-rating; here's why
Updated On : 08 Jan 2021 | 11:44 AM IST

Axis Bank, Hyundai partner to offer smart financial solutions digitally

Axis Bank announced its partnership with Hyundai to offer the auto retail financing solutions to its customers

Axis Bank, Hyundai partner to offer smart financial solutions digitally
Updated On : 06 Jan 2021 | 1:55 PM IST

Banks ramp up cross-selling, aim to gain bigger share of customer's wallet

Despite all the chatter, Indian banks' cross-sell ratio - the number of products and services they hawk to a customer - remains low, report Abhijit Lele and Raghu Mohan

Banks ramp up cross-selling, aim to gain bigger share of customer's wallet
Updated On : 21 Dec 2020 | 6:10 AM IST

Bad loans set to rise in H2 of FY21 despite improving outlook: Axis Bank

The lender's asset quality had improved both sequentially and year-on-year in Q2

Bad loans set to rise in H2 of FY21 despite improving outlook: Axis Bank
Updated On : 18 Dec 2020 | 2:11 AM IST

Free-for-all apps: Avail bank facilities even if you are not a card holder

ICICI is not alone to bring this concept forward. State Bank of India, has also announced to make its app open for all in 30 days

Free-for-all apps: Avail bank facilities even if you are not a card holder
Updated On : 11 Dec 2020 | 3:13 PM IST

Working capital cycles returning, especially in manufacturing: Axis Bank MD

On retail loan growth, the season went better than expected, CEO Chaudhry said

Working capital cycles returning, especially in manufacturing: Axis Bank MD
Updated On : 09 Dec 2020 | 6:05 AM IST

Govt may lower SUUTI stake in Axis Bank by 0.7% to raise up to Rs 1,300 cr

It waited six months for the stock to touch Rs 600, and then took a call to offload stake. However, decision to lower stake in Axis Bank was taken last year

Govt may lower SUUTI stake in Axis Bank by 0.7% to raise up to Rs 1,300 cr
Updated On : 09 Dec 2020 | 12:13 AM IST

Approval from IRDAI on Axis Bank stake hike expected by March: Max Life CEO

Earlier in October, the Reserve Bank of India (RBI) did not approve Axis Bank''s proposal to raise its stake up to 29 per cent but scaled it down to an aggregate of 19.02% with the subsidiaries

Approval from IRDAI on Axis Bank stake hike expected by March: Max Life CEO
Updated On : 06 Dec 2020 | 1:12 PM IST

Govt's move to pare stake in Axis Bank fuels hope of divestment by stealth

Last week, it sold shares worth Rs 220 crore in the open market without making a formal announcement. The deal came to light only this week

Govt's move to pare stake in Axis Bank fuels hope of divestment by stealth
Updated On : 03 Dec 2020 | 11:09 PM IST

Max Financial gets Irdai nod for share swap agreement with Mitsui Sumitomo

Irdai's approval takes Max Financial Services one step closer to the consummation of its deal with private lender Axis Bank

Max Financial gets Irdai nod for share swap agreement with Mitsui Sumitomo
Updated On : 28 Nov 2020 | 2:58 PM IST

Conserve capital, the loud, clear message from RBI to NBFCs and banks

Muthoot Finance and Axis Bank are instances of the regulator objecting to acquisitions

Conserve capital, the loud, clear message from RBI to NBFCs and banks
Updated On : 26 Nov 2020 | 1:15 AM IST

Axis Bank-Max Life deal: The long road riddled with regulatory concerns

After over six months and three different structures, the deal could be in its final stages of completion

Axis Bank-Max Life deal: The long road riddled with regulatory concerns
Updated On : 16 Nov 2020 | 6:06 AM IST

Axis Bank to acquire shares in CSC e-Governance for Rs 36 crore

Axis Bank has acquired over 57,700 shares in CSC e-Governance Services India Ltd for Rs 36.38 crore, the lender said on Thursday.

Axis Bank to acquire shares in CSC e-Governance for Rs 36 crore
Updated On : 05 Nov 2020 | 7:41 PM IST

Facing credit card woes amid pandemic? Look for lower-cost credit options

Defaulting on card dues could restrict access to credit in future

Facing credit card woes amid pandemic? Look for lower-cost credit options
Updated On : 03 Nov 2020 | 12:14 AM IST

Axis Bank, subsidiaries to acquire 19% stake in Max Life in revised deal

RBI did not consider Axis's earlier proposal of acquiring 17% stake in Max Life

Axis Bank, subsidiaries to acquire 19% stake in Max Life in revised deal
Updated On : 31 Oct 2020 | 1:32 AM IST

Axis Bank: Overall numbers better forecast, rising stressed loans tricky

Overall numbers bettered expectations, rising pool of stressed loans may be the tricky aspect

Axis Bank: Overall numbers better forecast, rising stressed loans tricky
Updated On : 30 Oct 2020 | 1:19 AM IST
Updated On : 29 Oct 2020 | 3:54 PM IST
Updated On : 29 Oct 2020 | 1:38 PM IST