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The Latest Breaking News from Axis Bank

Highest 3-year FD interest rates for senior citizens: These banks offer 8% interest rate on fixed deposits

Senior citizens seeking higher returns on their retirement savings can explore 3-year Fixed Deposit options. Small finance banks like Jana and Utkarsh lead with 8% interest, while private banks such as Bandhan and YES Bank offer up to 7.75%. Public sector banks, including Bank of India and Standard Chartered, provide…

The Economic Times

Capitalmind Flexi Cap Fund exits RIL and 2 others, hikes stake in Titan Company, MCX and 16 other stocks in April

Capitalmind Flexi Cap Fund exited Reliance Industries, Bank of Baroda, and L&T Finance in April. The fund also increased stakes in Titan Company, MCX, and 16 other stocks, including NTPC and ONGC. It added MTAR Technologies, Tata Steel, and Kirloskar Oil Engines as new holdings, expanding its portfolio to 42…

The Economic Times

Ahead of Market: 10 things that will decide stock market action on Friday

BSE Sensex and Nifty 50 extended gains for a second session, led by banking, metal and pharma stocks despite IT weakness. Analysts flagged 23,800 as a key resistance for Nifty, while broader market breadth remained mildly negative amid selective buying and selling pressure.

The Economic Times

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Samir Arora-backed Helios Flexi Cap Fund increases stake in Tata Motors, Eternal, Paytm, 8 others in April

Helios Flexi Cap Fund, backed by Samir Arora, boosted its holdings in Tata Motors, Eternal, and Paytm during April. The fund also increased its stake in eight other companies, including Hero MotoCorp and Bharat Electronics. Conversely, exposure was reduced in HDFC Bank, Reliance Industries, and Ather Energy. Titan Company and…

The Economic Times

SBI margins drag PSU banks, but private banks set for comeback: Pranav Gundlapalle, Bernstein

State Bank of India's margin drop was a key event. Analysts suggest the worst may be over for banks. Private sector banks are expected to perform well in FY27. Foreign investor flows are seen as a key factor for stock performance. HDFC Bank and Axis Bank are top picks. Paytm…

The Economic Times

Big Surprise for Apple Fans: iPhone 17 Pro Discount Rumours Got Real Check It Now

Apple has quietly sweetened the deal for buyers planning to upgrade to the iPhone 17 Pro. The premium smartphone is now available on the Apple Store with revised pricing and instant cashback offers, making it more accessible for users who were waiting for the right moment. With multiple storage variants…

MyLifeXP

Bain Capital To Sell Stake In India's Axis Bank

Bain Capital to sell 9 million stake in Axis Bank, showcasing India's banking sector appeal to global investors.

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Consumer forum in Cuddalore orders Axis Bank to pay ₹1 lakh in compensation for deficiency in service

Axis Bank ordered to pay ₹1 lakh compensation to farmer for deficiency in service by Cuddalore District Consumer Disputes Redressal Commission.

The Hindu

Morning Digest | PM Modi says government working to make cooperatives strong part of rural life; Supreme Court forms panel to prepare SOP for adjournments, and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on December 28, 2023

The Hindu

Assam Rifles to train 30 competitive exam aspirants in Tripura

With an aim to train 30 students for various competitive exams, Assam Rifles in collaboration with Axis Bank and National Integrity and Educational Development Organization (NIEDO) will run a project "Sentinel Centre of Educational Excellence, Skilling and Wellness" in Tripura. Read further on Dynamite News:

Dynamite News

Neelkanth Mishra appointed part-time Chairperson of UIDAI

The Centre has appointed Neelkanth Mishra, Chief Economist, Axis Bank and Head of Global Research, Axis Capital as part-time Chairperson of Unique Identification Authority of India. Read further on Dynamite News:

Dynamite News

53 medal winners among 848 students graduating from IISc in Bengaluru

Amitabh Chaudhry, Chief Executive Officer, Axis Bank, delivered the convocation address at the Indian Institute of Science (IISc.) in Bengaluru on July 31.

The Hindu

Another Manipur bank looted, computers and electronic items stolen

Criminals target another bank in Manipur's Kangpokpi district, looting computers and other electronic items worth ₹1 crore. An FIR has been lodged at Kangpokpi police station

The Hindu

ED attaches assets worth ₹45.20 crore linked to former NSG Deputy Commandant

The alleged fraud in the name of giving NSG contracts came to the fore in January last year

The Hindu

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The Times of India

Neelkanth Mishra quits Credit Suisse, set to join Axis Bank

MUMBAI: Neelkanth Mishra, co-head of Asia Pacific strategy at Credit Suisse Group AG, has resigned from the company and is set to join Mumbai-based Axis Bank Ltd, according to people familiar with the matter.

The Times of India

Axis Bank completes acquisition of Citi's India consumer business in Rs 11,603-crore deal

NEW DELHI: Private sector lender Axis Bank on Wednesday announced that it has completed acquisition of Citibank's consumer business and non-banking financial company (NBFC) consumer business.

The Times of India

S&P upgrades Axis Bank rating on improving asset quality

NEW DELHI: SP Global Ratings on Tuesday upped its credit rating on Axis Bank with a stable outlook on expectations that the private sector lender will maintain good asset quality over the next two years.

The Times of India

Sensex extends gains for sixth day; Axis Bank zooms 9% post Q2 show

MUMBAI: The sensex and Nifty defied gravity for the sixth session on the trot on Friday as healthy corporate earnings and fresh foreign fund inflows offset negative cues from global markets.

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The Times of India

Axis Bank net profit jumps 70% at Rs 5,330 crore in Q2

NEW DELHI: Axis Bank on Thursday reported a jump of 70 per cent in its standalone net profit at Rs 5,329.77 crore in quarter ended September 2022 on healthy core income aided by trimming of bad loans.

The Hindu

Onam offers from Axis Bank on Kochi-1 card

Bank partners with Amazon Pay to offer discounts on recharges, bill payments

The Times of India

DHFL approved loans worth crores of rupees to Sanjay Chhabria within minutes without documentation, says CBI

MUMBAI: Kapil Wadhawan, erstwhile promoter of Dewan Housing Finance Corporation Ltd (DHFL), a non-banking financial institution, ensured that his firm disbursed loans worth crores of rupees to city-based builder Sanjay Chhabria within a few minutes after receiving related requests without any documentation through online transfers at different points of time…

The Hindu

Rayalaseema Kings beats Coastal Riders

VISAKHAPATNAM: Rayalaseema Kings recorded a 28-run win over Coastal Riders in the Shriram Group Andh

The Hindu

Assam Rifles to train students from remote Manipur areas for competitive exams

The project has been conceptualised as a year-long mentoring facility for students from underprivileged sections for competitive examinations such as NEET and JEE

The Times of India

WEF meet: Ikea to open store in Bengaluru in June

BENGALURU: Swedish furniture retailer Ikea would open its flagship store here in June.

The Times of India

Axis Bank net profit jumps 54% to Rs 4,118 crore in March quarter

NEW DELHI: Axis Bank on Thursday reported a 54 per cent jump in its standalone net profit to Rs 4,117.77 crore for the quarter ended March 2022.

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