TheNewsClues
Clues by Admin • 31 Jul 2018, Tuesday
Axis Bank posted 46.30% YoY fall in net profit at Rs 701.09 crore (ETNow poll Rs 600 crore) for the quarter ended June as against Rs 1,305.60 crore in the corresponding quarter last year. Provisions increased 42.51% on a YoY basis to Rs 3,337.70 crore in ... Continue Reading
Read More at The Economic Times
Clues by Admin • 12 Jul 2018, Thursday
V. Srinivasan, deputy managing director of Axis Bank Ltd and P.S. Jayakumar, chief executive officer (CEO) of state-owned Bank of Baroda are two of the three names that Axis Bank has recommended for its CEO post, two people aware ... Continue Reading
Read More at Livemint
Clues by Admin • 18 Jun 2018, Monday
Uday Kotak is the only top private bank executive who has received a raise in remuneration in the fiscal March 2018, compared with the previous year, as Kotak Mahindra Bank’s annual report shows that his salary has increased 11.02% to ... Continue Reading
Read More at The Economic Times
Clues by Admin • 1 Jun 2018, Friday
Axis Bank will add 400 branches in the financial year 2018-19, taking its network beyond 4,000. The expansion is aimed to tap the growing retail business and expand the deposit base. Axis Bank executive director and head of retail Rajiv Anand said, &... Continue Reading
Read More at Times of India
Clues by Admin • 24 May 2018, Thursday
ICICI Bank, Standard Chartered and Axis Bank are challenging NCLT’s order that asked them to return insolvency-hit Jaypee Infratech’s 758 acres, that was mortgaged in a “fraudulent, preferential and undervalued” manner. As per ... Continue Reading
Read More at The Economic Times
Clues by Admin • 5 May 2018, Saturday
Following on the heels of State Bank of India and HDFC Bank, Axis bank raised its deposit rates by 35 bps to 7.1% for FDs maturing between 12-14 months. All deposits of under Rs 1 crore with longer maturities will earn 7%. Rates on ... Continue Reading
Read More at The Financial Express
Clues by Admin • 28 Apr 2018, Saturday
Axis Bank board has approved a proposal to increase its borrowing limit up to Rs 2 lakh crore. The borrowings will be "apart from deposits of money accepted from public in the ordinary course of its business, temporary loans repayable ... Continue Reading
Read More at The Economic Times
Clues by Admin • 27 Apr 2018, Friday
Axis Bank reported a loss of Rs 2,189 crore in the quarter ended March 31, its first ever quarterly loss since its incorporation in 1993 due to an almost threefold increase in provisions. This is the private sector lender’s first ever ... Continue Reading
Read More at The Hindu
Clues by Admin • 18 Apr 2018, Wednesday
Disincentives worth “crores of rupees” were imposed on telecom major Airtel and Axis Bank by the Unique Identification Authority of India (UIDAI) for breaching terms and conditions attached to Aadhaar authentication, the agency told the Supreme Court on ... Continue Reading
Read More at The Economic Times
Clues by Admin • 4 Apr 2018, Wednesday
Axis Bank, one of the leading importers of bullion in India, was dropped from the list of banks RBI has cleared to import gold and silver in the current financial year that began April 1. The list was released late on ... Continue Reading
Read More at The Economic Times
12


©2018 TheNewsClues