Provisioning dropped to Rs 987 cr, down from Rs 2,167 cr during the same period of the previous year
Vedanta announces that it will pay Rs 117.1 billion ($1.5 billion) in dividends to shareholders. Read more on this in our top headlines for the evening.
Lender's board recommends dividend of Rs 1 per equity share for the year ended 31 March, 2022.
Axis Bank Q4 preview: Axis Bank may report around 50 per cent year-on-year (YoY) growth in net profit
Kotak Mahindra Bank, increased its one-year MCLR by 5 bps to 7.4 per cent, from April 16
The lenders want recognition as firm's financial creditors, and inclusion in CoC as part of RCap's corporate insolvency resolution proceedings. Administrator has admitted claims worth Rs 23,666 cr
A monetary penalty of Rs 93 lakh has been imposed on Axis Bank for non-compliance of certain directions issued by RBI, the regulator said in a release
Indian regulations mandate that companies raising debt appoint a so-called 'debenture trustee' to protect the interests of investors.
Amitabh Chaudhry, Managing Director & CEO of Axis Bank, is one of the latest entrants in a line of high profile individuals who have bought into the coastal town of Awas, Alibaug. He has recently invested in property there and plans to build his dream home with entrepreneur Aditya Kilachand's current venture Avas Bespoke. Avas Bespoke is an extension ofThis story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article.
The quality of customers it acquires holds the key to success but the benefits of the buyout could kick in only from FY25
The number of buybacks dropped from seven in FY21 to just one in FY22.
In this exclusive interview with Tamal Bandyopadhyay, Citi Asia Pacific CEO Peter Babej explains why his bank has chosen to sell its retail business in India and what it plans for the future
The rating agency S&P said the acquisition of Citi consumer business will strengthen Axis bank's retail market position and diversify its revenue profile
The affluent credit card segment was seen as a gap in Axis Bank's customer positioning and will fit in the lender's retail portfolio.
CLOSING BELL: Hindalco tumbled 5 per cent, followed by Divis Labs, Apollo Hospitals, RIL, Wipro, Eicher Motors, Dr Reddy's Labs, and Cipla
The current momentum, which is showing stability above 200-DMA could see a gradual rally towards Rs 800 to Rs 815 levels, its next hurdle zone.
The private lender has acquired Citigroups' Indian consumer banking businesses, including credit cards, retail banking, wealth management and consumer loans in an all cash deal worth Rs 12,325 crore.
Citigroup has sealed the deal with Axis Bank to sell its consumer businesses for nearly $2 bn. What does Citi's exit from India mean for its customers here? And what Axis is going to gain from it?
What does Axis-Citi deal mean for Citi's India customers? What does the BS Awards 2021 winners reflect about India Inc? Will small cap continue its dominance? What are carbon credits? All answers here
The central government will do a two-stage review of the PLI scheme to determine its progress and implementation across sectors. More on this in our top headlines.