Page 33 - Axis Bank

Axis Bank to offer small ticket unsecured loans jointly with Suvidhaa

A customer who utilises Suvidhaa's remittance or bill payment facilities can avail himself of loans up to Rs 15,000 with no paperwork

Axis Bank dips on disappointing Q1 results

The stock opened 4% lower at Rs 515 in opening deal after the bank reported 21% YoY decline in profit at Rs 1,556 crore for Q1FY17.

Operating expenses to remain high in FY17: V Srinivasan

Interview with Deputy managing director Axis Bank

Axis Bank net dips 21% as provisions rise

Pressure on asset quality continues as gross NPAs rise to 2.54% in June quarter from 1.67% in preceding quarter

Axis Bank: Weak asset quality, margins disappoint

Amid rising bad loans and dip in profitability, stock price could witness some pressure

Axis Bank Q1 profit dips 21% at Rs 1,556 crore

On account of rise in bad loans

Axis cuts base rate by 10 bps

These new rates will be effective from July 27

Axis Bank gets nod to raise foreign shareholding to 74%

Move may get foreign direct investment of Rs 12,000 cr and create 7,000 jobs

CCEA allows Axis Bank to raise foreign shareholding to 74%

The proposal will lead to foreign investment of about Rs 12,973 crore

CCEA okays Axis Bank plan to raise foreign investment to 74%

FIPB had referred the bank's proposal to CCEA, as the capital inflow was over Rs 5,000 crore

Axis Bank launches innovation lab to partner with fintech start-ups

These start-ups will mainly be focusing across lending, digital, payments and artificial intelligence space

Axis Bank forays into urban microfinance sector

Currently, urban microfinance contributes to 65 percent of the overall microfinance sector

Axis Bank, KBank of Thailand ink pact for trade, investment

Agreement between the two banks were signed as the Thailand Prime Minister Prayut Chan-o-cha is on a three-day visit to India

Axis Bank plans to open 400 branches in FY17

The bank would be eyeing the upcoming smart cities as its potential area

Axis Bank launches India's first certified green bond at London Stock Exchange

This is the first green bond for Axis Bank within its $5 billion Medium Term Note (MTN) programme

Axis Bank shares rise 3% on RBI move

RBI allowed raising foreign shareholding in the company

Axis Bank hits seven month high on RBI nod to raise foreign shareholding up to 62%

The stock was up nearly 3% to Rs 529, its highest level since October 26, 2015 on the BSE in early morning trade.

RBI lets Axis Bank raise foreign shareholding to up to 62% from 49%

RBI said total foreign investment from all sources in the bank shall not exceed 62% of paid-up capital

Axis Bank top brass to take 20-50% cut in variable pay

The decision to take a cut in variable pay came after the Q4FY16 results when the lender reported a decline in its net profit after 46 quarters

Axis Bank raises $500 mn from its maiden green bonds

The bonds got oversubscribed by 2.2 times, which prompted the bank to revise down the price, it said