Axis Bank Bad Loans News

Industry

Axis Bank board clears higher borrowing limit of Rs2 trillion

The Axis Bank board also authorised the bank to borrow/ raise funds in Indian currency/foreign currency by issue of debt instruments up to an amount of Rs35,000 crore

1 min read27 Apr 2018
Market

Axis Bank sees its darkest hour as the lights go out on asset quality

Axis Bank's gross bad loans for the March quarter form 6.77% of its loan book and as the bank stuck to prudence in provisioning, the net bad loan ratio was a less scary 3.4%

1 min read27 Apr 2018
Companies

Axis Bank woes pile up with first quarterly loss

Axis Bank posted a shock loss of Rs2,189 crore in the January-March quarter, its first quarterly loss ever, as the private sector lender made heavy provisions against bad loans

2 min read27 Apr 2018
Companies

Top Axis Bank executives Sidharth Rath, V. Srinivasan have resigned

Resignations of corporate banking head Sidharth Rath and deputy MD V. Srinivasan come at a time when Axis Bank's corporate portfolio has taken a beating due to asset quality issues

2 min read23 Mar 2018
Opinion

The importance of being Shikha Sharma

With bad loans recognition and resolution under way, CEO Shikha Sharma's Axis Bank could start putting up a better show from the last quarter of 2017-18

8 min read28 Aug 2017

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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