Page 2 - Axis Bank

New private capex cycle has well and truly begun: Axis Bank's Rajiv Anand

'We are seeing a fair amount of activity in renewables, city gas distribution, and roads'

Repo Rate Hike: Banking stocks may see sell-off if index stays under 42K

Descending Triangle breakdown on Nifty Bank index may see up to 5% decline

To pacify stakeholders, top banks declare their exposure to Adani Group

The lenders to the group include big names like the State Bank of India, Bank of Baroda, the Punjab National Bank, Axis Bank, and IndusInd Bank

Axis Bank says it is comfortable with exposure to Adani Group entities

"Our exposure to Adani Group is primarily to the operating companies in the Ports, Transmission, Power, Gas Distribution, Roads, Airports etc," the bank said

Banks under pressure; Nifty Bank, PSU Bank indices crack up to 5% in 2 days

Global broking and research firm CLSA said on Thursday, that the Adani Group poses no "significant downside risk" to Indian banks.

Axis Bank in talks to issue 10-year infra bonds, taps insurance firms

Lender in talks with end-investors to issue infra bonds at a rate of around 7.85%

Analysts raise Axis Bank's earnings forecast; to track deposit growth ahead

Axis Bank Q3 result review: Axis Bank's is moving in the right direction with improvement in net interest margins, sustaining loan growth momentum, and expansion in return profile, analysts said

Sensex, Nifty50 end flat in a wobbly trade; Tata Motors, Maruti surge 3%

CLOSING BELL: Broader markets, too, turned tepid as Nifty MidCap 100 and Nifty SmallCap 100 indices declined up to 0.3 per cent

Profit-booking in Axis Bank after strong Q3 results, stock slumps 2%

With Tuesday's decline, the stock price of Axis Bank corrected 6 per cent from its record high level of Rs 970.45, which it had touched on January 4, 2023

Stocks to Watch: Axis Bank, Maruti, ConCor, HFCL, Zomato, BoB, Gold related

Stocks to Watch: Delta Corp, L&T Finance Holdings and PVR are the three stocks in F&O ban period on Tuesday.

ICICI Bank, RBL, Axis, IDFC First raise deposit rates to meet credit growth

Revisions mainly introduced for high-value deposits of Rs 2 cr and above; Continuous rate hikes over time raise concern about sustainability of healthy net interest margins

Axis Bank Q3 net jumps 62% YoY to Rs 5,853 cr on robust interest income

The lender aims to maintain as much cushion on NIMs as possible

Axis Bank Q3 results: Net profit rises 61.9% to Rs 5,853 crore

Analysts on average had expected the bank to report a profit of 54.43 billion rupees, according to Refinitiv IBES data

Top 5 Advantages of Opening an Axis Bank Current Account In 2023

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Axis Bank tops Re-bond league table for 16th consecutive year in 2022

Total issuances in the year rose to Rs 4,83,770 crore, from Rs 4,17,055 crore in 2021

Stocks to Watch: Adani Wilmar, CPSEs, Sigachi, Bank of Baroda, PC Jeweller

Stocks to Watch: GNFC and Indiabulls Housing Finance are the only stocks in F&O ban period on Wednesday.

Axis Bank to pick residual stake in Max Life at fair market value

The revision in valuation has been done according to IRDAI guidance

Axis Bank complies with IRDAI order; to buy more 7% stake in Max Fin

Axis Bank on Tuesday said it has entered into a revised agreement with Max Financial Services to acquire an additional 7 per cent stake in Max Life Insurance at fair market value using discounted cash flow method. The revision in agreement follows the guidance issued by the Insurance Regulatory and Development Authority (IRDAI) in October last year. Axis Bank and its subsidiaries -- Axis Securities and Axis Capital -- had in 2021 entered into definitive agreements with Max Financial Services Ltd for acquiring 20 per cent stake in its subsidiary Max Life Insurance Co Ltd. Following this, Axis Entities had collectively acquired 12.99 per cent of the equity share capital of Max Life. In a regulatory filing on Tuesday, Axis Bank said Axis Entities have entered into revised agreements with Max Financial on January 9, 2023. As per the revised agreement, "...the valuation for the right to acquire the balance 7 per cent equity stake of Max Life would be at fair market value using discounte

Fundraising through AT1 and tier II bonds nearly doubles in 2022

Public-sector banks were in the market but the size of issues was relatively small

SBI, Axis, ICICI Bank to go live on 'Rupay Credit card on UPI' by March

Move likely to cause a spike in daily transaction values on this feature, see many UPI users absorbed into credit card ecosystem