Axis Bank

Vistara, Axis Bank launch co-branded forex card

The card has locked-in exchange rates and the cardholder will accrue 3 award points on Club Vistara for every USD 5 or an equivalent value spent, the airline said in a press release.

published on : 6th October 2020

Borrowers seeking loan moratoriums rose after June; will be judicious on loan recasts: Axis Bank

Chaudhry said that the bank has received restructuring requests from both corporate and retail borrowers, and is presently formulating a framework under which such cases will be resolved.

published on : 29th September 2020

Axis Bank launches initiative 'Gig-a-Opportunities', to hire up to 1,000 in a year

'Gig-a-Opportunities' typically will have full-time permanent jobs and also project specific jobs with a fixed term that can finish in 8 months or a year.

published on : 20th August 2020

Axis, HDFC banks raise Rs 20,000 crore via QIPs

The private lenders have raised Rs 10,000 crore equity capital each to enhance capital adequacy amid Covid-19 stress

published on : 12th August 2020

Maruti Suzuki India partners with Axis Bank for easy vehicle financing options

The two partners will leverage the strong reach of over 3,000 Maruti Suzuki outlets and more than 4,500 Axis Bank's branch network.

published on : 7th July 2020

Axis Bank shares tank over 5 per cent after S&P rating cut

While Axis Bank's asset quality is superior to the Indian banking sector average, its level of non-performing assets will likely remain high compared to international peers, it noted.

published on : 29th June 2020

Axis Bank reports Rs 1,388 crore net loss in fourth quarter of FY2019-20

As on March, the bank’s gross and net NPAs stood at 4.86 and 1.56 per cent respectively, against 5 and 2.09 per cent, respectively as on December 2019.

published on : 29th April 2020

Axis Bank to pick about 30 per cent stake in Max Life Insurance for Rs 1,600 crore

Interestingly, the deal comes at a time when the economy is hit by COVID-19 crisis impacting all sectors of the economy including the financial sector.

published on : 28th April 2020

COVID-19: Axis Bank offers EMI deferment on loans for 3 months

The offer of flexibility is in line with most of its peers in the private sector such as HDFC Bank, ICICI Bank and Kotak Mahindra Bank.

published on : 2nd April 2020

Coronavirus outbreak: Axis Bank sets aside Rs 100 crore to fight pandemic

The government has imposed a lockdown on various parts of the country to contain the spread of the virus, which has already claimed eight lives and infected over 400 people.

published on : 23rd March 2020

Coronavirus: Axis Bank urges customers to use net banking, mobile app instead of visiting branches

Axis Bank MD & CEO Amitabh Chaudhry said the bank is constantly monitoring the evolving situation around the pandemic and taking 'proactive steps' to safeguard all employees and customers.

published on : 19th March 2020

Axis Bank board approves Rs 600 crore capital infusion in Yes Bank

The government on Friday approved a bail out plan for Yes Bank proposed by the Reserve Bank under which SBI would infuse Rs 7,250 crore in the lender for 49 per cent equity.

published on : 13th March 2020

Bombay HC notice to former CM Devendra Fadnavis over Axis Bank account transfer issue

The petition filed by Mohnish Jabalpure alleged that Fadnavis misused his powers as chief minister to help Axis Bank at the expense of public sector lenders.

published on : 5th March 2020

All India Bank Employees' Association demands nationalisation of ICICI Bank, Axis Bank in view of recent scams

AIBEA demands Union Government to Nationalise ICICI Bank and Axis Bank as there are serious charges of corruption and nepotism in sanction of loans.

published on : 14th April 2018

Axis bank writes to BSE over disclosure requirements in Nirav Modi fraud case

In wake of the fraud being detected by Punjab National Bank, Axis Bank on Thursday wrote to National Stock Exchange and Bombay Stock Exchange.

published on : 15th February 2018
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