Axis Bank Q1 profit jumps 41% to ₹5,797 cr; NII up 27%
Amitabh Chaudhry, MD & CEO, Axis Bank, says the private lender is confident of delivering sustainable growth across all our priority businesses
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Axis Bank Q3 profit surges 62% to ₹5,853 cr; NII up 32%
Axis Bank's provision, contingencies stand at ₹1,438 cr, including non-recurring, one-time provisions of ₹340 cr. Its specific 'loan loss provisions' are at ₹1,341 cr.
Axis Bank shares fall 3% after govt sells its entire stake
The specified undertaking of the unit trust of India (SUUTI), under the government of India, will sell 4,65,34,503 equity shares or 1.55% stake in the private lender.
Axis Bank stock jumps 8% as Q2 profit beats estimates
Axis Bank reported a consolidated profit of ₹5,625 crore in Q2 FY23, up 66% YoY; NII grew 31% year-on-year to ₹10,360 cr.
IRDAI imposes ₹3 cr fine for violations in Axis Bank-Max Life Insurance deal
IRDAI says Max Life Insurance facilitated transactions of transfer of its shares between the parties in violation of its directives, which allowed Axis entities to make undue profits.
