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 2019Axis 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 2019Bank's performance was boosted by higher net interest income and lower provisions
2 min read2 Nov 2018Amitabh 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'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 2018HDFC Bank also figures among the top 5 holdings for 133 funds. What makes the stock so popular?
5 min read17 Jul 2018The 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 2018Axis 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 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 2018The 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 2018The 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