Page 20 - Axis Bank

Here's a Bull Spread strategy on Axis Bank by HDFC Securities

Short-term trend of the stock is positive

Banks 'prudent, careful' as economic recovery will take long: CEOs

The bankers were responding to RBI governor Shaktikanta Das's statement that banks risked their own growth by being "extremely risk averse"

MARKET WRAP: Sensex pares gains to end 45 pts up; financial stocks rally

All that happened in the markets today

Max Financial surges 13% as Axis Bank tweaks Max Life Insurance deal terms

Axis Bank had initially planned to raise its stake in the insurer to 30 per cent for about Rs 1,590 crore

Axis Bank changes plan, cuts stake purchase in Max Life to 17%

Axis Bank, which already holds a minority stake in Max Life, will own an 18% interest in the insurer after the deal

Axis Bank launches 'Gig-a-Opportunities' to hire up to 1,000 in a year

Axis Bank has plans to employ nearly 1,000 people under its new hiring initiative 'Gig-a-Opportunities', a model devised to attract skilled talent that can work with the bank remotely

Robust foreign inflows, fundraising by banks help rupee fight August curse

ICICI Bank Ltd., Axis Bank Ltd. and mortgage lender HDFC Ltd. have raised a combined Rs 350 billion ($4.7 billion) this month

ICICI Bank raises Rs 15,000 cr in equity; issue price at Rs 358 per share

The issue price represents a 1.9 per cent premium to the floor price determined based on the pricing formula as prescribed under SEBI Regulations

Covid-19: Axis Bank, HDFC raise Rs 10,000 cr each via QIPs to absorb risk

Recently, many private sector lenders have raised funds to create a buffer so that they are in a position to absorb any kind of shock emanating from the pandemic

Axis Bank raises Rs 10,000 cr via allotment of equity shares to QIBs

The board of the bank had last month approved the Rs 15,000 crore fund raise plan. The QIP was okayed by shareholders at the annual general meeting held on July 31, 2020

UBS Principal Capital Asia sells Axis Bank shares worth over Rs 150 cr

UBS Principal Capital Asia Ltd on Monday offloaded shares of Axis Bank worth over Rs 150 crore through open market transactions.

UBS Principal Capital Asia sells shares worth Rs 150 cr in Axis Bank

A total of 3.5 million scrips of the private sector lender were sold at an average price of Rs 428.7 apiece, valuing the deal at Rs 150 crore, according to block deal data on the BSE

HDFC to raise Rs 14,000 crore, fixes Rs 1,838 as floor price for QIP

Mortgage lender will use part of capital to fund inorganic opportunities and investments in existing group businesses

Sensex slips 477 pts from day's high, ends at 37,663; Tata Steel gains 6%

All that happened in the markets today

After the moratorium: Banks have to face their bad loan problem, again

Indian banks will have a hard task when RBI's moratorium ends this month. Those that do not get capital will have to show their true health, writes Tamal Bandyopadhyay

Axis Bank sets a floor price of Rs 442.19 per equity share for QIP

Axis Bank on Tuesday said it has set a floor price of Rs 442.19 per equity share for its proposed Rs 15,000 crore qualified institutional placement (QIP).

Hold Nifty longs with 11,050 stop-loss: Vinay Rajani of HDFC Securities

Nifty is in continuation of an uptrend

MARKET WRAP: Sensex trims losses, ends 12 pts down; Nifty closes at 11,194

All that happened in the markets today

Irdai asks Axis Bank, Max Financial to make changes in deal structure

Irdai has asked them to factor in some alternate mechanisms subject to regulatory approvals.

Axis Bank's operations head Tahilyani steps down within seven months

The sources also said that Tahilyani, who had joined Axis Bank this year, might be headed back to Tata AIA as the head of country operations