Page 27 - Axis Bank
Second wave of NPAs? SBI, BoB, YES Bank could be hit, says Jefferies
YES Bank, Bank of Baroda, SBI, IndusInd Bank, and RBL Bank are amongst the banks most prune to "high risk" emanating from Anil Dhirubhai Ambani Group (ADAG), Cox & Kings, CG Power, and DHFL
 "Second wave of NPAs? SBI, BoB, YES Bank could be hit, says Jefferies")
Axis Bank raises Rs 12,500 crore via QIP to enhance capital adequacy
The QIP issuance was done at a price of Rs 629 per equity share at a tight discount of 1.44% over the closing price of the issue opening date
 "Axis Bank raises Rs 12,500 crore via QIP to enhance capital adequacy")
NCLT directs Jet Airways lenders to disburse lifeline funds within 15 days
Some lenders like Yes Bank, Punjab National Bank, IDBI Bank, Bank of India, Indian Overseas Bank and Axis Bank are yet to release their portion
 "NCLT directs Jet Airways lenders to disburse lifeline funds within 15 days")
Axis Bank fixes floor price for QIP issue at Rs 661.50 per equity share
The private lender has said that the board will meet again on September 25 to approve QIP issue to investors
 "Axis Bank fixes floor price for QIP issue at Rs 661.50 per equity share")
Linking loans to repo not the only way for faster transmission: Axis Bank
The comments come at a time when pushing up the sagging economic growth has become the biggest focus for the policymakers
Top trading ideas by Prabhudas Lilladher: Buy HDFC AMC, Axis Bank
Nifty outlook and top trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher.
 "Top trading ideas by Prabhudas Lilladher: Buy HDFC AMC, Axis Bank")
From Axis Bank to RBL, private banks have their task cut out in FY20
With additional challenges such as fresh stress, loan growth, and escalating costs, the sector faces a tough year ahead
 "From Axis Bank to RBL, private banks have their task cut out in FY20")
Axis Bank settles debenture trustee norms violation case with Sebi
The adjudication proceedings against Axis Bank were initiated after the regulator sent a show cause notice in June 2018 on observing violations of debenture trustee regulations
 "Axis Bank settles debenture trustee norms violation case with Sebi")
We will not do business with certain groups: Axis Bank's Amitabh Chaudhry
He has since steered the bank on to a conservative path, eschewing needless risks. He's been candid enough to admit that the exposure to infrastructure sector in the past proved to be an Achilles heel
 "We will not do business with certain groups: Axis Bank's Amitabh Chaudhry")
Axis Bank net profit improves in Q1, but asset quality still a concern
It is taking proactive steps to address potential stress, though net NPA at 2.04% hasn't changed much sequentially
 "Axis Bank net profit improves in Q1, but asset quality still a concern")
Axis Bank Q1 net profit jumps 95% to Rs 1,370 crore; stock falls over 1%
Net interest margin (NIM) stood at 3.40 per cent for the quarter, against 3.46 per cent in the year-ago period
 "Axis Bank Q1 net profit jumps 95% to Rs 1,370 crore; stock falls over 1%")
Axis Bank Q1 preview: 15% growth in NII seen, exposure to stressed assets eyed
Analysts at Prabhudas Lilladher, for instance, peg the bank's profit at Rs 1,860.3 crore, up 165 per cent YoY. This would be a nearly 24 per cent rise sequentially
 "Axis Bank Q1 preview: 15% growth in NII seen, exposure to stressed assets eyed")
ICICI Bank looks to mop up 15,000 cr in equity capital this financial year
The funds mopped up could be utilised primarily to aid the bank's growth
 "ICICI Bank looks to mop up 15,000 cr in equity capital this financial year")
Axis Bank to raise Rs 18,000 cr through equity shares, depository receipts
The Board of Directors of the bank approved the proposal in this regard in the meeting held Saturday, the bank said in a regulatory filing
Axis Bank says will lend cautiously over new emerging risks in economy
The comments come even as the banking system is coming out of the bad loan mess which has afflicted it for over the past five years
Axis Bank appoints Citigroup, JPMorgan for $1.3-bn share sale: Sources
A deal would help the lender led by Chief Executive Officer Amitabh Chaudhry bolster loans and boost overall capital buffer
 "Axis Bank appoints Citigroup, JPMorgan for $1.3-bn share sale: Sources")
Multiple triggers could boost Axis Bank's return ratios, say analysts
Lower credit cost, operating leverage and shift in loan mix are key positives
 "Multiple triggers could boost Axis Bank's return ratios, say analysts")
ICICI Bank cuts lending rates by 10 bps weeks after slashing deposit rates
The one-year MCLR, to which a majority of loans like residential mortgages and auto loans are tied, now stands at 8.65%
Axis Bank considers $1.3 billion share sale to expand lending capacity
India's third-largest private sector lender, led by Chief Executive Officer Amitabh Chaudhry, is talking to potential advisers about the fundraising, according to sources
After 18% year to date gains, Axis Bank stock may pause for a breather
With 18% year to date gains, valuations are at its peak of 2.3x FY20 earnings, leaving little upside potential
 "After 18% year to date gains, Axis Bank stock may pause for a breather")
