Axis Bank
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Transactions worth Rs 165 cr under I-T scanner at Axis Bank’s NCR branches
Dec 21, 2016, 12:56 PM ISTThe 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
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Axis Bank assures govt of action against officials involved in post-demonetisation irregularities
Dec 20, 2016, 05:46 PM ISTThe Axis Bank management has assured the government that it is taking action against erring officials who are involved in irregularities post demonetisation, Finance Minister Arun Jaitley today said.
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Axis Bank MD Shikha Sharma 'embarrassed and upset' over conduct of few employees
Dec 18, 2016, 06:26 PM ISTAxis Bank MD and CEO Shikha Sharma today said the bank has hired KPMG to conduct a forensic audit for enhanced due diligence and building more safeguards as she is "embarrassed and upset" over the
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Two accused in Axis Bank money laundering case sent to judicial custody till December 26
Dec 15, 2016, 04:23 PM ISTTwo people, accused of irregularities in conversion of old currency and supply of new notes through a private bank, were today sent to judicial custody till December 26 by a court here after the Enforcement Directorate (ED) did not seek their further
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I-T raid at Axis Bank branch in Noida unearths 20 ‘fake’ corporate accounts with Rs 60 crore deposits
Dec 15, 2016, 06:43 PM ISTIn yet another untoward incident involving Axis Bank, the Income Tax department today carried out raids at the Noida sector 51 branch of Axis Bank and unearthed 20 accounts of allegedly fake companies with heavy deposits.
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RBI junks rumours of cancelling Axis Bank’s license following irregularities, says no action initiated
Dec 12, 2016, 07:10 PM ISTThe Reserve Bank of India on Monday denied rumours that it has initiated any action to cancel the banking licence of Axis Bank in the wake of recent irregularities in a few branches of the bank post demonetisation.
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Axis Bank Q2 profit nosedives 83.4 pc on bad loan provisions of Rs 3,623 crore
Oct 25, 2016, 06:45 PM ISTThe third biggest private moneylender in the country Axis Bank witnessed an unanticipated drop of 83.4 percent in its profit after tax (PAT) for the September quarter on a sharp ascent in bad loans. The
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These 6 CEOs get remunerations upto 1000 times higher than their employees
May 27, 2016, 03:23 PM ISTNew Delhi: India has Asia's third richest billionaire, the world's costliest house and some of the most well paid executives. While the pay cheques of many employees part of an aspirational India are on the
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Axis Bank net up by 19 percent on Friday
Jul 24, 2015, 04:22 PM ISTChennai: Axis Bank on Friday said it closed the first quarter of the current fiscal with 19 percent growth in its net profit.In a statement, the bank said it posted a net profit of Rs.1,978 crore
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Fly Now, Pay Later; SpiceJet offer tickets on EMI
Jul 23, 2015, 06:57 PM ISTGurgaon: Low cost airline SpiceJet today announced the launch of ‘Book Now, Pay Later', a convenient Equated Monthly Installment (EMI) scheme for fliers. This offer allows passengers to save significantly (up to 70% interest cost
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Axis Bank cuts base rate by 0.20% to 9.95%
Apr 08, 2015, 11:35 AM ISTMumbai: Country's third-largest private sector lender Axis Bank today cut its base rate or the minimum rate of lending by 0.20 per cent to 9.95 per cent, following its larger peers who also cut their
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Tigerair launches 'Pay to go, return for free,' offer for Axis Bank customers
Mar 18, 2015, 06:21 PM ISTNew Delhi: Singapore-based no-frill carrier Tigerair has partnered with Axis Bank to launch an exclusive ‘Pay to go, return for free' offer for holders of the lender's credit and debit cards.The offer 'Pay to go,
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Axis Bank sells $250-m bonds to global investors at 3.25%
Mar 05, 2015, 11:38 AM ISTMumbai: Private sector lender Axis Bank today managed to price its USD 250-million on-tap 10-year bond sale to international investors at the same rate of 3.25 per cent at which it had bonds last November.The
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Axis Bank Q3 net up 18% at Rs 1,899 crore
Jan 16, 2015, 06:02 PM ISTNew Delhi: Private sector lender Axis Bank reported a 18.4 percent rise in its net profit to Rs 1,899.76 crore for the third quarter ended December FY15.The third largest private sector bank's net profit in
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Tigerair, Axis Bank to offer one-way free ticket from Singapore
Dec 16, 2014, 05:15 PM ISTNew Delhi: Singapore-based Tigerair today joined hands with private lender Axis Bank to offer one-way free ticket (excluding other charges and taxes) on a return trip from Singapore for a limited period to the bank's
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Axis Bank offers 20-year fixed home loan rate of 10.4%
Dec 10, 2014, 04:07 PM ISTNew Delhi: Axis Bank on Tuesday launched a 20-year home loan scheme at a fixed rate of 10.40% for loans of up to Rs 50 lakh.The limited period offer is only for affordable housing segment
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Axis Bank raises Rs 5,705 crore in infra bonds
Dec 05, 2014, 11:27 AM ISTMumbai: Country's third largest private sector lender Axis Bank today raised Rs 5,705 crore in infrastructure bonds in a single-largest closure since the instrument was introduced in July.The senior unsecured redeemable non-convertible debentures have a
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I won't leave my job because every woman should be financially independent, says wife of Devendra Fadnavis
National | Oct 29, 2014, 12:06 PM ISTMumbai: Amruta Fadnavis, the wife of Maharashtra's CM-designate Devendra Fadnavis, has made it clear that she is not planning to leave her job even after his husband is sworn-in as Maharashtra CM on Oct 31,
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Axis Bank cuts lending rate by 0.1% to 10.15%
Oct 17, 2014, 10:27 AM ISTMumbai: Private sector Axis Bank has cut its lending rate by 0.1 per cent to 10.15 per cent from 10.25 per cent.Its interest rate is now closer to the big three peers that have their
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India home to 54 of world's largest, most powerful companies
May 08, 2014, 06:20 PM ISTNew York: Mukesh Ambani- led Reliance Industries leads the pack of 54 Indian companies in Forbes' annual list of the world s 2000 largest and most powerful public companies, with Chinese companies occupying the top