Axis Bank
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Two accused in Axis Bank money laundering case sent to judicial custody till December 26
December 15, 2016 16:23 ISTTwo people, accused of irregularities in conversion of old currency and supply of new notes through a private bank, were today sent to judicial custody till December 26 by a court here after the Enforcement Directorate (ED) did not seek their further
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I-T raid at Axis Bank branch in Noida unearths 20 ‘fake’ corporate accounts with Rs 60 crore deposits
December 15, 2016 18:43 ISTIn yet another untoward incident involving Axis Bank, the Income Tax department today carried out raids at the Noida sector 51 branch of Axis Bank and unearthed 20 accounts of allegedly fake companies with heavy deposits.
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RBI junks rumours of cancelling Axis Bank’s license following irregularities, says no action initiated
December 12, 2016 19:10 ISTThe Reserve Bank of India on Monday denied rumours that it has initiated any action to cancel the banking licence of Axis Bank in the wake of recent irregularities in a few branches of the bank post demonetisation.
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Axis Bank Q2 profit nosedives 83.4 pc on bad loan provisions of Rs 3,623 crore
October 25, 2016 18:45 ISTThe third biggest private moneylender in the country Axis Bank witnessed an unanticipated drop of 83.4 percent in its profit after tax (PAT) for the September quarter on a sharp ascent in bad loans. The
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These 6 CEOs get remunerations upto 1000 times higher than their employees
May 27, 2016 15:23 ISTNew Delhi: India has Asia's third richest billionaire, the world's costliest house and some of the most well paid executives. While the pay cheques of many employees part of an aspirational India are on the
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Axis Bank net up by 19 percent on Friday
July 24, 2015 16:22 ISTChennai: Axis Bank on Friday said it closed the first quarter of the current fiscal with 19 percent growth in its net profit.In a statement, the bank said it posted a net profit of Rs.1,978 crore
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Fly Now, Pay Later; SpiceJet offer tickets on EMI
July 23, 2015 18:57 ISTGurgaon: Low cost airline SpiceJet today announced the launch of ‘Book Now, Pay Later', a convenient Equated Monthly Installment (EMI) scheme for fliers. This offer allows passengers to save significantly (up to 70% interest cost
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Axis Bank cuts base rate by 0.20% to 9.95%
April 08, 2015 11:35 ISTMumbai: Country's third-largest private sector lender Axis Bank today 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
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Tigerair launches 'Pay to go, return for free,' offer for Axis Bank customers
March 18, 2015 18:21 ISTNew Delhi: Singapore-based no-frill carrier Tigerair has partnered with Axis Bank to launch an exclusive ‘Pay to go, return for free' offer for holders of the lender's credit and debit cards.The offer 'Pay to go,
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Axis Bank sells $250-m bonds to global investors at 3.25%
March 05, 2015 11:38 ISTMumbai: Private sector lender Axis Bank today managed to price its USD 250-million on-tap 10-year bond sale to international investors at the same rate of 3.25 per cent at which it had bonds last November.The
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Axis Bank Q3 net up 18% at Rs 1,899 crore
January 16, 2015 18:02 ISTNew Delhi: Private sector lender Axis Bank reported a 18.4 percent rise in its net profit to Rs 1,899.76 crore for the third quarter ended December FY15.The third largest private sector bank's net profit in
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Tigerair, Axis Bank to offer one-way free ticket from Singapore
December 16, 2014 17:15 ISTNew Delhi: Singapore-based Tigerair today joined hands with private lender Axis Bank to offer one-way free ticket (excluding other charges and taxes) on a return trip from Singapore for a limited period to the bank's
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Axis Bank offers 20-year fixed home loan rate of 10.4%
December 10, 2014 16:07 ISTNew Delhi: Axis Bank on Tuesday launched a 20-year home loan scheme at a fixed rate of 10.40% for loans of up to Rs 50 lakh.The limited period offer is only for affordable housing segment
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Axis Bank raises Rs 5,705 crore in infra bonds
December 05, 2014 11:27 ISTMumbai: Country's third largest private sector lender Axis Bank today raised Rs 5,705 crore in infrastructure bonds in a single-largest closure since the instrument was introduced in July.The senior unsecured redeemable non-convertible debentures have a
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I won't leave my job because every woman should be financially independent, says wife of Devendra Fadnavis
Politics | October 29, 2014 12:06 ISTMumbai: Amruta Fadnavis, the wife of Maharashtra's CM-designate Devendra Fadnavis, has made it clear that she is not planning to leave her job even after his husband is sworn-in as Maharashtra CM on Oct 31,
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Axis Bank cuts lending rate by 0.1% to 10.15%
October 17, 2014 10:27 ISTMumbai: Private sector Axis Bank has cut its lending rate by 0.1 per cent to 10.15 per cent from 10.25 per cent.Its interest rate is now closer to the big three peers that have their
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India home to 54 of world's largest, most powerful companies
May 08, 2014 18:20 ISTNew York: Mukesh Ambani- led Reliance Industries leads the pack of 54 Indian companies in Forbes' annual list of the world s 2000 largest and most powerful public companies, with Chinese companies occupying the top
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Axis Bank Q4 net up 19% to Rs 1842 cr, approves stock split
April 25, 2014 20:11 ISTNew Delhi: Private sector lender Axis Bank has reported a net profit of Rs 1,842.32 crore for January-March quarter, up 18.47 per cent from a year ago period, on higher other income and net interest
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India's best banks in 2013
December 15, 2013 7:10 ISTNew Delhi: Serving and managing the money of over a billion people is never an easy task. From providing plain vanilla banking services, the banks in the country have gradually transformed themselves into universal banks.
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Axis Bank to be foreign-owned after hike in foreign investment cap
November 17, 2013 16:04 ISTNew Delhi: Axis Bank will become a “foreign-owned” lender, to be governed by FDI policy, following the go-head to its proposed increase in foreign investment holding to 62 per cent, entailing inflow of over Rs
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