Wednesday May 27, 2015
The 50-share Nifty which fell below its crucial psychological level of 8,300 was trading above that level as buying in blue-chip stocks such as BPCL, Axis Bank, Punjab National Bank and Bank of Baroda resumed.
Friday May 22, 2015
The foreign fund sold a total of 1,93,06,020 shares, amounting to 0.81 per cent stake of Axis Bank, as per the information available with the stock exchanges.
Thursday May 21, 2015
Nifty was trading above its crucial psychological level of 8,400 led by some gains seen in blue-chip stocks like Axis Bank, Infosys, Larsen & Toubro and ONGC.
Press Trust of India | Wednesday May 6, 2015
Banks such as SBI, ICICI Bank, HDFC Bank and Axis Bank had cut lending rates by up to 0.25 per cent after RBI Governor Raghuram Rajan's tough talk with bankers on April 7.
Thursday April 30, 2015
Shares of Axis Bank rose as much as 3.7 per cent in early trade on Thursday to Rs 572 after the private lender reported strong fourth quarter earnings.
Thomson Reuters | Wednesday April 29, 2015
The nation's third-biggest private sector lender by assets posted a better than expected 18.4 per cent rise in net profit to Rs 2,181 crore ($344.6 million) in its financial fourth quarter to March 31, beating a consensus analysts' forecast of Rs 2,1...
Wednesday April 29, 2015
Net interest income (NII), or interest earned over interest, paid on deposits grew 20 per cent annually to Rs 3,800 crore against Rs 3,165 crore in the year ago period.
Wednesday April 29, 2015
The Nifty was trading above its crucial psychological level of 8,250 led by gains in blue-chip stocks like ICICI Bank, Axis Bank and Sun Pharma.
Thomson Reuters | Saturday April 25, 2015
India's debt and forex markets are expected to remain ranged next week with a downward bias ahead of the Federal Reserve meeting outcome
Tuesday April 21, 2015
The 50-share Nifty was trading above its important psychological level of 8,400 supported by buying visible in the private sector banking stocks such as ICICI Bank, Axis Bank and Yes bank.
Sunday April 19, 2015
Building up its stake in Axis Bank, Life Insurance Corporation (LIC) has bought over 43 lakh shares, or a 0.18 per cent stake, in the private sector lender for about Rs 243 crore.
Wednesday April 15, 2015
With inflation below the RBI's upper end target range of 6.0 per cent, analysts expect RBI Governor Raghuram Rajan to surprise investors with another rate cut.
Wednesday April 15, 2015
Most of the Asian markets were trading on a flat note. The Hang Seng was up 0.05 per cent, Shanghai Composite was down 0.09 per cent and Japan's Nikkei was also trading with marginal losses.
Thomson Reuters | Tuesday April 14, 2015
Axis Bank, ICICI Securities, IDFC Securities and Macquarie Capital were the managers of the issue.
Friday April 10, 2015
The HDFC rate cut comes in the wake of several big banks like SBI, ICICI Bank, Axis, and HDFC Bank cutting their base rates or the minimum lending rate.
Press Trust of India | Thursday April 9, 2015
Accordingly, the local currency bank deposit ratings and the senior unsecured ratings of three Indian private sector banks have been downgraded to Baa3/P-3 from earlier Baa2/P-2.
Wednesday April 8, 2015
Axis Bank, the countrys third largest private sector lender, on Wednesday 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 offerings the previous day following Reserve B...
Thomson Reuters | Tuesday April 7, 2015
Reserve Bank of India kept interest rates on hold at 7.50 per cent on Tuesday, choosing to wait longer to assess inflationary pressures before making its next move.
Tuesday March 31, 2015
Analysts say IPO of GVK Airport Developers will help the company monetise its assets and will unlock value for the shareholders.
Thomson Reuters | Monday March 30, 2015
GVK has mandated Citigroup, Bank of America-Merrill Lynch, Axis Capital and JM Financial Services to manage the IPO for unit GVK Airport Developers Pvt Ltd, the sources added.
Thursday March 19, 2015
Axis is one of the first major banks to slash its deposit offering since RBI's rate cut.
Chandigarh News | Reported by Anand Kumar Patel | Thursday March 12, 2015
A 35-year old IAS aspirant is one of the eight people arrested by Mohali police in connection with a robbery of Rs. 1.34 crores on Monday, when masked robbers forcibly took over a bank's cash van from two security guards at a gunpoint on Patiala high...
Monday March 9, 2015
The BSE Sensex fell over 500 points on Monday and breached the psychological 29,000 levels tracking weakness across global stocks. In point terms, today's fall is the single biggest since January 6, when the Sensex had crashed 850 points. The broader...
Press Trust of India | Thursday March 5, 2015
Axis Bank on Wednesday managed to price its $250-million on-tap 10-year bond sale to international investors at the same rate of 3.25 per cent at which it had sold bonds last November.