Axis Bank Q2 profit rises 18% on strong core biz growth
The robust profit growth was fuelled by a 24% rise in operating profits and a 10% increase in core operating profits year-on-year.
The robust profit growth was fuelled by a 24% rise in operating profits and a 10% increase in core operating profits year-on-year.
In the matter of listed NCDs of Sojo Infotel, SEBI says Axis Capital provided a guarantee or indemnity towards redemption of NCDs in the guise of underwriting
A monetary penalty of ₹1.91 crore has been imposed on Axis Bank for non-compliance with certain directions issued by RBI.
Axis Bank’s Q1 earnings missed estimates, due to higher credit costs as well as higher slippages, which pushed GNPA higher.
As of Q1, Axis Bank's balance sheet grew 13% to ₹14,68,163 cr; deposits up 13%
10 out of 12 Nifty bank stocks were trading lower, barring Federal Bank and AU Small Finance Bank.
Amitabh Chaudhry will serve three more years at the helm of the private lender
For the full fiscal year, Axis Bank's profit zooms 160% to ₹24,861 cr; net interest income up 16% to ₹49,894 cr
The U.S.-based private equity firm Bain Capital looks to exit from Axis Bank by selling its remaining stake at ₹1,071- ₹1,076.05 per share via block deal today.
Ensuring inclusion, diversity and career progression is how the country’s third-largest private bank is harnessing its talent pool.