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Axis Bank

Neelkanth Mishra

Credit Suisse's Neelkanth Mishra Steps Down, To Head Research At Axis Bank

Credit Suisse veteran Neelkanth Mishra has reportedly decided to step down from his role and move on to head research at Axis Bank. Complete report here

15 March 2023

SEBI

Axis Mutual Funds CEO Chandresh Nigam Quits Amid SEBI Probe

SEBI, via WhatsApp messages, had discovered that Viresh Joshi, who was former the chief dealer of Axis Fund was mastermind of front-running at the fund house

10 March 2023

Axis Mutual Fund To collect Rs 500 Crore From CPSE Plus SDL 2025 Index Fund

Axis Mutual Fund Launches Axis Nifty G-Sec September 2032 Index Fund, NFO Opens Today

The open-ended target maturity debt index fund will invest in constituents of the Nifty G-Sec September 2032 Index, which it will also follow as the benchmark. The minimum investment will be Rs. 5,000, and the new fund offer...

06 March 2023

Make Most Of Recurring Deposits From These Banks To Earn Good Returns On Monthly Savings

After the Reserve Bank of India hiked the repo rate, many banks have increased the interest rates on recurring deposits. Here’s a comparison of some of the RD schemes, their rates, and tenures

11 March 2023

International Women’s Day: 5 Credit Cards For Women

Ahead of International Women’s Day on March 8, here are a few credit cards specifically tailor-made for women that they can use for paying towards expenses, utility bills, and shopping, among others

07 March 2023

Axis Bank buys Citi’s India retail business

Axis Bank Completes Acquisition Citibank’s India Consumer Business

As per an exchange filing by Axis Bank. “Given the structure of the transaction, the aforesaid cash consideration along with any true up or true down shall be accounted for as goodwill and other intangibles, which will be...

01 March 2023

Axis Mutual Fund Launches Axis S&P BSE Sensex ETF, NFO Opens Today

The open-ended exchange-traded fund will track S&P BSE Sensex TRI. The minimum investment is Rs. 5,000, and the new fund offer will remain open till March 15, 2023

10 March 2023

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Cyber Fraud

Female Cyber Fraud Arrested From Dwarka For Duping People Of Rs 25 Lakh

In January 2022, Surya went independent and started sending phishing links related to SBI and Axis Bank credit cards to her targets. She made off with more than Rs 25 lakh that year alone.

06 February 2023

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05 February 2023
 Axis Bank Says Exposure To Adani Group Only 0.94% Of Total Loans

 Axis Bank Says Exposure To Adani Group Only 0.94% Of Total Loans

The exposure to Adani Group is primarily to the operating companies in sectors like ports, transmission, power, gas distribution, roads and airports, the...


24 January 2023
Axis Bank Shares Dip Over 2% After Q3 Results

Axis Bank Shares Dip Over 2% After Q3 Results

On the NSE, it declined 2.40 per cent to end at Rs 910.30 apiece


23 January 2023
Axis Bank Q3 Profit Rises 62%To Rs 5,853 Crore

Axis Bank Q3 Profit Rises 62%To Rs 5,853 Crore

Its net profit on standalone basis stood at Rs 3,614 crore in the same quarter of the preceding financial year


16 January 2023
Sensex, Nifty Pare Early Gains To Close Close Lower; Financials, Oil Stocks Fall

Sensex, Nifty Pare Early Gains To Close Close Lower; Financials, Oil Stocks Fall

The broader NSE Nifty dipped 61.75 points or 0.34 per cent to end at 17,894.85


16 January 2023
Axis Bank Tops Re-Bond League Table For The 16th Year In A Row

Axis Bank Tops Re-Bond League Table For The 16th Year In A Row

As of September 2022, the outstanding corporate bonds stood at Rs 39,12,853 crore up from Rs 36,53,408 crore in September 2021, said Neeraj Gambhir, the group...


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13 January 2023
Credit Expansion Will Taper Down Next Year If Deposits Growth Doesn't Rise: Axis Bank MD

Credit Expansion Will Taper Down Next Year If Deposits Growth Doesn't Rise: Axis Bank MD

Chaudhry also advised some caution to be exercised by the system as it witnesses a high growth at present, saying decisions made today should not haunt 5-7...


10 January 2023
Axis Bank Enters Into Revised Pact With Max Financial Services For Acquiring Additional 7% Stake In Max Life

Axis Bank Enters Into Revised Pact With Max Financial Services For Acquiring Additional 7% Stake In Max Life

The revision in agreement follows the guidance issued by the Insurance Regulatory and Development Authority (IRDAI) in October last year


22 December 2022
Axis Bank Fraud: ED Attaches Over Rs 66 Cr Worth Of Assets Of Chennai Gold Store

Axis Bank Fraud: ED Attaches Over Rs 66 Cr Worth Of Assets Of Chennai Gold Store

An anti-money laundering investigation linked to the Axis Bank fraud led the Enforcement Directorate to attach assets worth more than Rs 66 crore held by a...


22 December 2022
Sensex, Nifty Fall For Third Straight Session Dragged By L&T, Axis Bank

Sensex, Nifty Fall For Third Straight Session Dragged By L&T, Axis Bank

The broad decline in shares came after health minister on Wednesday said the pandemic was not over yet given the rising cases of COVID-19 in some countries


14 December 2022
Axis Bank Ties Up With Tata AIG To Offer Group Medicare For LGBTQIA+ Community

Axis Bank Ties Up With Tata AIG To Offer Group Medicare For LGBTQIA+ Community

Same sex partners can be covered under top-up options of their existing group medicare products for a sum insured of Rs 15 lakh


09 December 2022
Give Us Money To Burn, We Can Build A UPI-Like Product, Says Axis Bank's Amitabh Chaudhry

Give Us Money To Burn, We Can Build A UPI-Like Product, Says Axis Bank's Amitabh Chaudhry

Speaking at an event organised by brokerage Motilal Oswal, Chaudhry further said businesses like Unified Payments Interface (UPI) are loss-making and also lack...


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05 December 2022
ICICI Bank’s Pockets Tops List Of India’s Most Valued Digital Payment Brands, Followed By PayZapp & Google Pay

ICICI Bank’s Pockets Tops List Of India’s Most Valued Digital Payment Brands, Followed By PayZapp & Google Pay

The study found that better security, data privacy, and customer support give banking digital payment apps higher customer loyalty compared to non-banking...


25 November 2022
Sensex, Nifty Scale Record Highs For Second Straight Session Led By Reliance, Axis Bank

Sensex, Nifty Scale Record Highs For Second Straight Session Led By Reliance, Axis Bank

In a choppy and range-bound trade, the 30-share BSE Sensex rose by 20.96 points or 0.03 per cent to settle at 62,293.64, its fresh record closing high.


10 November 2022
Axis Bank Shares Falls Nearly 4%

Axis Bank Shares Falls Nearly 4%

The stock declined 3.54 per cent to settle at Rs 843.40 apiece on the BSE


21 October 2022
Axis Bank Shares Jump Over 9% Post Earnings Announcement; Mcap Climbs Rs 22,757 Crore

Axis Bank Shares Jump Over 9% Post Earnings Announcement; Mcap Climbs Rs 22,757 Crore

The stock jumped 8.96 per cent to settle at Rs 900.25 apiece on the BSE. During the day, it advanced 9.53 to its 52-week high of Rs 905


21 October 2022
Nifty Reclaims 17,650, Sensex Rises Over 300 Points; Axis Bank, ITC Gain After Q2 Earnings

Nifty Reclaims 17,650, Sensex Rises Over 300 Points; Axis Bank, ITC Gain After Q2 Earnings

Axis Bank was top Nifty gainer, the stock rose nearly 5 per cent to Rs 866 after it reported a 66.29 per cent jump in its consolidated net profit for September...


21 October 2022
Axis Bank Says Followed All Rules In Max Life Insurance Deal

Axis Bank Says Followed All Rules In Max Life Insurance Deal

The statement comes against the backdrop of two orders by the insurance sector watchdog Irdai in the last few days, wherein Max has been fined Rs 3 crore while...


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