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  • WhatsApp Pay now live in India with THESE 4 banks

    WhatsApp Pay now live in India with THESE 4 banks

    Business | December 16, 2020 14:49 IST

    After two years of waiting, Facebook-owned WhatsApp payment service received approval from the National Payments Corporation of India (NPCI) in November to go live on Unified Payment Interface (UPI) with over 160 supported banks.

  • Approval from IRDAI on Axis Bank stake hike expected by March: Max Life CEO

    Approval from IRDAI on Axis Bank stake hike expected by March: Max Life CEO

    Business | December 06, 2020 13:13 IST

    Earlier in October, the Reserve Bank of India (RBI) did not approve Axis Bank's proposal to raise its stake up to 29 per cent but scaled it down to an aggregate of 19.02 per cent with the subsidiaries of private sector lenders.

  • Axis Bank revises fixed deposit rates. Check latest FD interest rates here

    Axis Bank revises fixed deposit rates. Check latest FD interest rates here

    Business | November 16, 2020 11:27 IST

    As of November 13, Axis Bank is offering an interest rate of 2.50% on FDs to its customers with maturity between 7 days and 29 days, 3% for FDs maturing between 30 days and less than 3 months, 3.5% for FDs between 3 months and less than 6 months.

  • Axis Bank festive offer: Home loans starts at 6.9%, auto loans from 7.99% | Check deals and discount

    Axis Bank festive offer: Home loans starts at 6.9%, auto loans from 7.99% | Check deals & discounts

    Business | October 20, 2020 21:00 IST

    ‘Dil Se Open Celebrations’, a festive campaign by India’s third largest private lender Axis Bank has come as a boon for its debit and credit cardholders who can avail offers on more than 1,00,000 products from well-known brands and get up to 10X EDGE reward points on purchase of gift cards from popular brands.

  • Sensex and Nifty

    Sensex jumps 225 points; Axis Bank rallies 4 per cent

    August 11, 2020 16:00 IST

    After touching a high of 38,556.27, the BSE Sensex pared some gains to end 224.93 points or 0.59 per cent higher at 38,407.01.

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

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

    Business | August 11, 2020 11:58 IST

    Last week, Axis Bank had set a floor price of Rs 442.19 per equity share for its proposed Rs 15,000-crore qualified institutional placement (QIP).

  • Axis Bank shares jump over 7 percent as asset quality improves

    Axis Bank shares jump over 7 percent as asset quality improves

    Business | July 22, 2020 17:53 IST

    Shares of Axis Bank on Wednesday jumped over 7 per cent after the lender's asset quality showed improvement in the June 2020 quarter.

  • Closing bell: Equity indices close in red, financials and metals decline

    News | July 10, 2020 20:48 IST

    Traders booked profit and equity benchmark indices ended marginally lower on July 10 following a decline in global peers amid surging coronavirus cases.

  • Axis Bank retail banking head Pralay Mondal quits citing 'personal compulsions'

    Axis Bank retail banking head Pralay Mondal quits citing 'personal compulsions'

    India | June 15, 2020 21:34 IST

    The third largest private sector lender Axis Bank on Monday said its executive director Pralay Mondal has resigned due to "personal compulsions" within one year of joining the bank. 

  • Equity indices dip ahead of Q4 GDP data, Axis Bank slips 2.8 pc

    News | May 29, 2020 13:31 IST

    Equity benchmark indices were on a low swing during early hours on Friday ahead of the release of GDP data for January to March quarter (Q4 FY20).

  • Axis Bank shares jump over 14 pc amid fund infusion buzz

    Axis Bank shares jump over 14 pc amid fund infusion buzz

    Business | May 27, 2020 19:23 IST

    Shares of Axis Bank on Wednesday zoomed over 14 per cent amid reports of fund infusion by private equity firm Carlyle.

  • Representational image

    Despite increase in net income, Axis Bank records a loss of Rs 1,387 crore in Q4

    Business | April 28, 2020 18:42 IST

    The losses in the last quarter were reported despite a 19 per cent increase in Axis Bank's net income, which grew to Rs 6,808 crore

  • Sensex surges 900 pts on global cues; Nifty above 9,000; Axis Bank, Tata Motors up 4%

    Sensex surges 900 pts on global cues; Nifty reclaims 9,000; Axis Bank, Tata Motors up 4%

    Business | April 09, 2020 9:56 IST

    Sensex has surged 900 points on global cues as Nifty regained the 9,000 mark. At 9:41 am Sensex is trading in the upper 30,000 mark as Axis Bank and Tata Motors are up 4 per cent. Pharmaceutical companies like Sun Pharma are also in the green on the back on high use of products due to COVID-19 outbreak.

  • business news

    Sensex drops over 400 points in early trade; Axis Bank, RIL in red

    Business | April 08, 2020 9:52 IST

    In the previous session, the BSE barometer surged 2,476.26 points or 8.97 per cent to settle the day at 30,067.21; while the NSE barometer Nifty zoomed 708.40 points or 8.76 per cent to close at 8,792.20 -- the best session ever for both indices.

  • Equities buoyant ahead of RBI briefing, banking stocks surge

    News | March 27, 2020 11:54 IST

    Equity benchmark indices were buoyant during early hours on Friday ahead of a media briefing by Reserve Bank of India (RBI) Governor Shaktikanta Das, raising hopes of liquidity-infusing steps to absorb the economic impact of coronavirus amid a countr

  • Coronavirus: Axis Bank urges customers to use net banking, mobile app instead of visiting branches

    Coronavirus: Axis Bank urges customers to use net banking, mobile app instead of visiting branches

    Business | March 19, 2020 18:14 IST

    Private sector lender Axis Bank on Thursday urged its customers to avoid visiting branches in the wake of the coronavirus outbreak and instead, use internet banking, mobile app and chatbot for banking services. 

  • Mumbai: HC notice to Fadnavis over Axis Bank account transfer issue

    Bombay HC notice to Devendra Fadnavis over Axis Bank account transfer issue

    India | March 05, 2020 17:53 IST

    The Bombay High Court in Mumbai on Thursday sought BJP leader Devendra Fadnavis's response to a petition questioning the transfer of salary accounts of the police department to Axis Bank, a private lender.

  • Axis Bank appoints Puneet Sharma as Chief Financial Officer

    Axis Bank appoints Puneet Sharma as Chief Financial Officer

    Business | February 27, 2020 13:45 IST

    Axis Bank on Thursday said its board has approved appointment of Puneet Sharma as Chief Financial Officer (CFO). His appointment will be effective from March 6, the private sector lender said in a regulatory filing. Sharma replaces Jairam Sridharan, who has resigned as the group executive and CFO of the bank, with effect from the close of business hours on March 5, it said.

  • Axis Bank to Explore Long-term Strategic Partnership with Max Life

    Axis Bank to explore long-term strategic partnership with Max Life

    Business | February 20, 2020 17:19 IST

    Axis Bank on Thursday said it has entered into a confidentiality and exclusivity arrangement to explore the possibility of entering into a long-term strategic partnership with Max Life.

  • Axis Bank files insolvency plea against RPower arm

    Axis Bank files insolvency plea against RPower arm

    Business | January 21, 2020 23:12 IST

    Reliance Power on Tuesday said one of its lenders Axis Bank has initiated insolvency process against its subsidiary Vidarbha Industries Power Ltd for a claim of Rs 553.28 crore.

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