E-PaperAxis Bank Shares News
Axis Bank reports loss of ₹112 cr on one-off tax adjustment
The bank takes a hit of ₹2,138 cr as it restated DTA to new corporate tax rate of 25%The private lender adds fresh bad loans worth ₹4,983 crore in the quarter ended 30 September compared to ₹4,798 crore in the previous quarter
2 min read22 Oct 2019Armed with QIP fund, Axis Bank should show growth to get investor love
Axis Bank has exposure to a handful of stressed companies that have off late shown deeper troublesThe bank also has exposure to real estate developers that were downgraded by rating agencies due to stress
2 min read25 Sep 2019Axis Bank’s profit up 83% at ₹790 crore in September quarter
Bank's performance was boosted by higher net interest income and lower provisions
2 min read2 Nov 2018Relief for Axis Bank investors on announcement of a new leader
Amitabh Chaudhry has deep exposure to technology through his BPOdays at Infosys, and has knowledge on the retail segment for financial products through HDFC Standard Life
2 min read11 Sep 2018Axis Bank m-cap erodes by ₹4,709 crore after Q1 results
Axis Bank's market valuation diminished by 4,708.84 crore to 1,41,265.16 crore ; stock dropped 3.23% to settle at 550.10 on BSE
1 min read31 Jul 2018Why HDFC Bank is the top holding for 107 equity diversified schemes
HDFC Bank also figures among the top 5 holdings for 133 funds. What makes the stock so popular?
5 min read17 Jul 2018Axis 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 2018First-ever loss means worst is over for Axis Bank as shares gain
Axis Bank rises the most in six months as an unprecedented recognition of bad loans prompted investors to overlook the Indian lender's first-ever loss
2 min read27 Apr 2018RBI bars Axis Bank from importing bullion for FY19
RBI published the list of 16 banks which have been allowed to import the precious metals on Monday on its website, wherein Axis Bank is excluded
2 min read3 Apr 2018ICICI Bank, Axis Bank together lose Rs13,216 crore in market capitalisation
The shares of ICICI Bank and Axis Bank have declined up to 6% and their total market capitalisation eroded by Rs13,215.67 crore on Monday
1 min read2 Apr 2018Popular Topics
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