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  Sensex rises over 250 pts on strong global cues; Nifty above 12K

  Business | December 13, 2019 10:06 IST

  After rising 284 points in early session, the 30-share index was trading 244.04 points or 0.60 per cent higher at 40,825.75. Similarly, the broader Nifty was trading 66.20 points or 0.55 per cent up at 12,038.

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  Axis Bank betting big on Fastags

  Business | November 27, 2019 21:49 IST

  Rival Kotak Mahindra Bank has also announced free tags till December 1 with a similar limited period offer, an official statement said, while an HDFC Bank official said the lender has waived off the processing charges of Rs 100 till December 31.

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  Six men loot bank in Jharkhand at gunpoint

  Crime | October 01, 2019 18:21 IST

  According to the police, six criminals entered an Axis Bank branch situated at Nirsa town of Dhanbad district.

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  Demonetisation: ED attaches over Rs 2 crore assets in Axis Bank PMLA case

  India | May 13, 2019 21:08 IST

  The ED on Monday said it has attached assets worth over Rs 2 crore in connection with a money laundering case registered against former officials of an Axis Bank branch here and others, post the 2016 demonetisation exercise.

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  RBI slaps penalties on Axis Bank, UCO Bank and Syndicate Bank

  Business | February 05, 2019 21:28 IST

  A penalty of Rs 2 crore has also been imposed on UCO Bank and Rs 1 crore on Syndicate Bank for violation of norms.  

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  Axis Bank Q3 net profit jumps over two-fold to Rs 1,681 crore

  Business | January 29, 2019 18:17 IST

  The bank had posted a net profit of Rs 726.44 crore in the corresponding period of the previous fiscal.  

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  Axis Bank board agrees to curtail Shikha Sharma's tenure as chief till Dec 2018

  Business | April 09, 2018 22:20 IST

  The Axis Bank board accepted her request for a shorter seven-month term (from June 1 to December 31, 2018), subject to the approval of the Reserve Bank of India (RBI), the bank said in a regulatory filing.

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  RBI bars Axis Bank from importing bullion for FY19

  Business | April 03, 2018 19:59 IST

  The RBI published the list of 16 banks which have been allowed to import the precious metals yesterday on its website, wherein Axis Bank is excluded.

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  ICICI's Chanda Kochhar, Axis Bank's Shikha Sharma summoned in PNB fraud case

  Business | March 06, 2018 15:32 IST

  Kochhar and Sharma will appear before the Serious Fraud Investigation Office in Mumbai on Tuesday afternoon, sources in the agency said.

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  RBI slaps penalty of Rs 3 cr on Axis Bank, Rs 2 cr on IOB

  Business | March 05, 2018 23:10 IST

  A statutory inspection of Axis Bank, with reference to its financial position as on March 31, 2016, revealed "violations of various regulations issued by RBI in the assessment of NPAs", or bad loans, the central bank said in a statement.

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  Axis Bank raises MCLR by 10 basis points, effective from Feb 17

  Business | February 20, 2018 9:31 IST

  With one basis point being equivalent to 0.01 percentage point, the revised one year MCLR now stands at 8.40 per cent, Axis Bank said in a stock exchange filing.

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  New NPA framework not to cut Axis Bank too deep, says chief Shikha Sharma

  Business | February 14, 2018 19:29 IST

  Banks are already bleeding due to the systemic clean-up of their books undertaken by RBI over the past three years and the newer accounting system may only aggravate the pains.

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  Banks fear additional Rs 40,000-cr NPAs as RBI reclassifies Axis Bank's accounts

  Business | October 22, 2017 20:40 IST

  The banking sector fears accretion of more than Rs 40,000 crore of bad loans to its books following recent classification of eight consortium accounts of Axis Bank as NPAs by RBI.

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  Axis Bank offers waiver of 12 EMIs on home loans up to Rs 30 lakh

  August 18, 2017 11:45 IST

  The third largest private sector lender will waive off four equated monthly instalments (EMIs) each at the end of the fourth, eighth and the 12th year of a two-year loan.

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  Axis Bank puts rumours to rest, reappoints Shikha Sharma as CEO and MD for three years

  July 27, 2017 18:02 IST

  The reappointment of Shikha Sharma puts to rest all speculation regarding her possible entry into the Tata Group

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  Axis Bank to acquire payments wallet Freecharge for Rs 385 cr

  July 27, 2017 14:03 IST

  The bank's managing director and chief executive, Shikha Sharma, told reporters that the agreement was signed earlier in the day and the deal is important from a strategic perspective for the bank.

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  After SBI and other rivals, Axis Bank cuts home loan rates to 8.35 pc

  May 18, 2017 14:33 IST

  Taking a cue from its larger rivals, private sector lender Axis Bank today announced a rate cut of up to 0.30 per cent for home loan borrowers

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  Axis Bank cuts lending rates by upto 0.70 per cent

  January 14, 2017 7:49 IST

  Following similar move by other banks after a bulk infusion of liquidity arising from the demonetisation move, Axis bank, country’s third largest private sector lender, on Friday announced to reduce its lending rates by 0.65-0.70 per cent across vari

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  IT dept raids Kotak Bank branch in Delhi, detects 9 fake account with Rs 34 cr deposits; 2 held

  India | December 23, 2016 17:21 IST

  The Income Tax department today conducted raids at the office of Kotak Mahindra Bank at Kasturba Gandhi Marg in the national capital today. The IT sleuths carried out the search while working on the leads

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  Transactions worth Rs 165 cr under I-T scanner at Axis Bank’s NCR branches

  December 21, 2016 12:56 IST

  The Income Tax department is probing as many as 63 suspicious accounts in three different branches of Axis Bank in Delhi and Noida. Around 23 suspicious accounts at Axis Bank’s Sector 18 branch have also