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'Axis Bank' - 668 News Result(s)

  • Banking Shares Jump on Kotak, ING Vysya Deal

    Banking Shares Jump on Kotak, ING Vysya Deal

    Expectations for more merger and acquisitions (M&As) in the banking industry after Kotak Mahindra Bank's $2.4 billion takeover deal with ING Vysya boosted smaller lenders on Friday. Thursdays record deal has raised speculation over likely mergers in ...

  • Rate-Sensitive Stocks Fall; Declining Rupee May Delay Rate Cuts

    Rate-Sensitive Stocks Fall; Declining Rupee May Delay Rate Cuts

    Larsen & Toubro and Axis Bank fell over one per cent each as declining rupee lowers prospects of early rate cuts by the central bank.

  • Axis Bank Raises $500 Million Through Bonds

    Axis Bank Raises $500 Million Through Bonds

    The city-based bank claimed that at 3.25 per cent fixed rate coupon, this is the lowest ever paid by an issuer in this tenor for senior unsecured notes. The bonds are due 2020 and were issued by the Dubai branch. They will be listed on the Singapore ...

  • Axis Bank, Financial Tech, Praj Industries in Focus Today

    Axis Bank, Financial Tech, Praj Industries in Focus Today

    The Nifty opened flat on Tuesday as indicated by futures trade on Singapore Stock Exchange. Foreign investors continued to be net buyers of Indian equities on Monday as they have bought shares worth Rs 656 crore in cash market. However domestic inves...

  • Axis Bank Hits Overseas Debt Market With $500-Million Issue: Report

    Axis Bank Hits Overseas Debt Market With $500-Million Issue: Report

    India's third largest private lender has given a price guidance of 1.95 per cent above the US treasury, the sources said, adding the money will be raised through the Dubai branch of Axis Bank and instruments listed on Singapore Stock Exchange.

  • Nifty Hits Record High Above 8,400; Banks, Auto Stocks Lead

    Nifty Hits Record High Above 8,400; Banks, Auto Stocks Lead

    The BSE Sensex and Nifty touched record highs for the second time this week as rate-sensitive stocks such as Axis Bank rose on hopes easing inflation would prompt the Reserve Bank of India (RBI) to cut interest rates earlier than expected.

  • IFC Sells Rupee Bonds, Raises Rs 1,000 Crore for Axis Bank

    IFC Sells Rupee Bonds, Raises Rs 1,000 Crore for Axis Bank

    The World Bank Group's development finance body, IFC, on Tuesday raised Rs 1,000 crore through a 10-year bond, which will be invested in private sector lender Axis Bank's forthcoming infra bond issue.

  • Time to Stop Over-Dependence on 'Fickle' Foreign Investors: Deepak Parekh

    Time to Stop Over-Dependence on 'Fickle' Foreign Investors: Deepak Parekh

    Raising concerns about over-dependence of Indian capital markets on foreign institutional investors or FIIs, eminent banker Deepak Parekh has said that something needs to be done to change this pattern.

  • Now, Pay Rs 20 for More Than 3 ATM Uses at SBI, HDFC Bank, Axis Bank

    Now, Pay Rs 20 for More Than 3 ATM Uses at SBI, HDFC Bank, Axis Bank

    Banking consumers will have to pay more if they are prolific with ATM transactions as State Bank of India (SBI) and its private sector peers HDFC Bank and Axis Bank have capped the free usage in six metros at three.

  • Axis Bank Inks Pact With South Korean Lender

    Axis Bank Inks Pact With South Korean Lender

    Axis Bank has signed a pact with NongHyup Bank (NH Bank) to enhance cooperation in treasury, trade and other business between India and South Korea.

  • Government Should Make Available More Spectrum: Sunil Mittal

    Government Should Make Available More Spectrum: Sunil Mittal

    Bharti group chairman Sunil Mittal on Thursday said the telecom industry wants more spectrum and the government should make it available.

  • Bank Nifty Hits 52-Week High; SBI Lead Gains

    Bank Nifty Hits 52-Week High; SBI Lead Gains

    Traders bought banking shares as hope of rate cut by Reserve Bank of India increased after crude oil continued its fall on Wednesday.

  • SUUTI Receives 7 Bids for ETF Fund Manager Mandate: Report

    SUUTI Receives 7 Bids for ETF Fund Manager Mandate: Report

    As government seeks to raise Rs 15,000 crore by sale of residual stakes in ITC, L&T and Axis Bank, it has received seven bids from fund houses for managing an exchange traded fund (ETF) created for this purpose.

  • Working to Recover Loans From Kingfisher Airlines: Private Banks

    Working to Recover Loans From Kingfisher Airlines: Private Banks

    At least two banks, the third largest private sector lender Axis Bank and the south-based Federal Bank, have said they have not classified KFA, Mallya and his senior officials as wilful defaulters.

  • Samvat 2070: Sensex Posts Biggest Gain in Five Years, BPCL Leads

    Samvat 2070: Sensex Posts Biggest Gain in Five Years, BPCL Leads

    Buying by foreign funds, a stable government at the centre and hopes of big bang reforms have lifted domestic stock markets to record highs in Samvat 2070.

  • Banks Gain on Rate Cut Hopes; Axis Bank Leads

    Banks Gain on Rate Cut Hopes; Axis Bank Leads

    Axis Bank , which reported its second quarter earnings on Friday, was the top gainer on the banking sub-index on the BSE. Nomura on Monday raised its target price on Axis Bank from Rs 460 to Rs 490 citing a beat in its pre-provision operating profit ...

  • ONGC, Reliance Industries, IOC in Focus Today

    ONGC, Reliance Industries, IOC in Focus Today

    The Nifty opened with sharp gains on Monday as indicated by futures trade on Singapore Stock Exchange and on the back of positive domestic cues. Foreign investors continued to be net sellers of Indian equities on Friday as they have sold stocks worth...

  • Axis Bank Q2 Net Profit Rises 18% to Rs 1611 Crore

    Axis Bank Q2 Net Profit Rises 18% to Rs 1611 Crore

    The bank, the third largest among the private sector lenders, had reported a post-tax net of Rs 1,362 crore in the corresponding period last year.

  • Axis Bank Cuts Base Lending Rate by 0.10%

    Axis Bank Cuts Base Lending Rate by 0.10%

    Axis Bank Ltd, India's third-biggest private sector lender, said on Thursday it cut its base lending rate by 10 basis points, effective October 15, becoming the first bank to cut lending rate in recent months.

  • Bank Shares Jump as WPI Hits 5-Year Low

    Bank Shares Jump as WPI Hits 5-Year Low

    The Bank Nifty recovered sharply to trade 0.42 per cent higher at 15,744 after hitting a low of 15,560 during the intra-day. Axis Bank gained 2.4 per cent higher, while IndusInd Bank was up 2.2 per cent at Rs 649.

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