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Axis Bank
Business  /  Published 02.07.20

Board clears Axis Bank fund raiser

Axis Bank on Thursday said it has received the board’s approval to raise up to Rs 15,000 crore though issuance of various securities. The fund raising will be “through issue of equity sha...
By The Telegraph in New Delhi

Business  /  Published 29.06.20

Rating rap makes Axis top loser

Benchmarks Sensex and Nifty ended lower after seesaw movements on Monday because of  selloffs in financial and IT counters as surging coronavirus cases in India and around the world tempered econ...
By Our Bureau in Mumbai

Business  /  Published 27.05.20

Axis Bank jumps on Carlyle buzz

Shares of Axis Bank on Wednesday zoomed over 14 per cent on reports of fund infusion by private equity firm Carlyle. On the BSE, the scrip rose 13.46 per cent, or Rs 45.95, to close at Rs 387.35 on th...
By Our Special Correspondent in Mumbai

Business  /  Published 29.04.20

Covid-19 lockdown: Voices of dissent grow

Individuals from the business and finance community have started venting their displeasure with the prolonged lockdown and are calling for the restrictions to be lifted entirely at least in the non ho...
By Our Special Correspondent in Mumbai

Business  /  Published 28.04.20

30% Axis Bank stake in Max Life

Axis Bank is raising its stake in Max Life Insurance Company (Max Life) to 30 per cent in a move that will give the private sector lender more space in the domestic life insurance sector.Axis Bank hol...
By Our Special Correspondent in Mumbai

Business  /  Published 28.04.20

Lockdown jacks up provisions for Axis Bank

Axis Bank has reported a surprise loss for the March quarter of 2020 as provisions jumped during the nationwide lockdown.The private sector lender suffered a net loss of Rs 1,387.78 crore compared wit...
By Our Special Correspondent in Mumbai

Business  /  Published 03.04.20

Moody’s dims outlook on ICICI, Axis Bank

Moody’s on Friday placed private sector lender IndusInd Bank’s ratings under review for a downgrade and cut its outlook on ICICI Bank, Axis Bank and IDBI Bank by a notch because of asset quality ...
By Our Special Correspondent in Mumbai

India  /  Published 02.04.20

Govt: 20 existing, 22 potential hotspots

The Union health ministry on Thursday said it has identified 20 existing and 22 potential hotspots of Covid-19 in the country and asserted that although there is no evidence of widespread community tr...
By PTI in New Delhi

Business  /  Published 03.03.20

Reliance Capital shares tank on default

Shares of Reliance Capital on Tuesday fell 3.72 per cent following a default in interest payment of Rs 5.47 crore to two lenders.On Monday, the Anil D Ambani firm had told the stock exchanges that it ...
By Our Special Correspondent in Mumbai

Business  /  Published 20.02.20

Axis Bank inks pact with Max duo

Axis Bank has entered into a confidentiality and exclusivity arrangement with Max Financial Services and its subsidiary Max Life Insurance Company to examine the possibility of the private sector lend...
By Our Special Correspondent in Mumbai


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