Tag: axis bank

Axis Bank: Bigger banks will continue to benefit from the Indian economy which should start seeing growth all over again: Amitabh Chaudhry, MD & CEO, Axis Bank

In an interview with ET Now, Amitabh Chaudhry, MD & CEO, Axis Bank, talks about surprise numbers post-COVID waves, the economy picking up, cash rich...

fiscal deficit: Govt can do better than 6.8% fiscal deficit this year but spending push may be priority: Saugata Bhattacharya

For anyone watching Indian financial markets over the last couple of years, a key question that emerges is the achievability of the Centre’s fiscal deficit...

ICICI Bank | Axis Bank | SBI: 5 banks to go for once unlock theme starts playing out: Hemang Jani

Book out of pockets where the upside has been strong and focus on companies or sectors where the price action has been muted and incremental...

MFs increase holdings in key index heavyweights in April

Domestic mutual funds increased their holdings in key index heavyweight stocks in April, even as net inflows into the equity segment declined in the month....

Axis Bank revises fixed deposit interest rates. Latest FD rates here

Private sector lender Axis Bank has revised interest rates on fixed deposits (FDs) with effect from today (May 6). Axis Bank offers FDs across different...

Axis Bank hikes average balance requirement, increases cash withdrawal, other charges

Do you have a salary or savings account with Axis Bank? Private sector lender Axis Bank has hiked various service charges for its savings bank...

SBI | HDFC Bank: ICICI Bank, SBI and Axis to outshine HDFC Bank, Kotak over next 5 years: Hemang Jani

The net profit that reported from FY17 to FY21, would be less than the number that Axis Bank is expected to report in FY22, says...

Citigroup to focus on corporate and institutional banking business in India

Citibank will shut its India retail banking business, which includes credit cards, savings bank accounts and personal loans, as part of a global decision to...

5 things to know about SBI’s and Axis Bank’s contactless payment devices

On Friday, Axis Bank launched a range of devices that allows its customers to make contactless payments. Last year, the State Bank of India (SBI)...

Axis Bank Q3 takeaways: High slippages, provisions dent PAT, but loan growth lifts mood

MUMBAI: Axis Bank’s earnings for the quarter ended December left much to be desired as the lender reported lower-than-expected bottomline and net interest income. At...

axis bank: Canada’s PSP, US’ DFC, Axis Bank invest USD 107 million in NIIF’s master fund

MUMBAI: The National Investment and Infrastructure Fund (NIIF) on Monday announced a USD 107 million investment into its ‘master fund’ from Canada’s PSP Investments, US...

HDFC bank outage: RBI seeks details

Mumbai: The Reserve Bank of India (RBI) has sought an explanation from HDFC Bank about an interruption in digital services from Saturday evening to early...

multibaggers: Where to look for multibaggers in banks?

If you want multibagger opportunities, then go for the bottom two-three private sector banks which have had stellar growth rate in the past but since...

RBI: RBI, government in right direction to keep economy moving: Axis Bank CEO

New Delhi: The Reserve Bank and the government are in the right direction to keep the economy moving and signs of revival in the banking...

Banks move towards advisory for HNIs, distribution for retail

The shift by banking groups into advisory has come up against the barrier of the ever-growing regulations by the Securities and Exchange Board of India...

Axis launches Liberty Savings Account aimed at millennials; all you need to know

Axis Bank has launched a new savings account called the Axis Liberty Savings Account, aimed at millennial customers. It offers customers the option of maintaining...

LIC made Rs 10,000 crore profit in equity since April 1: Chairman

MR Kumar says the insurance behemoth may bring in outside fintechs and insurance techs to grow scale The productivity of LIC Agents and that of...

Axis Bank revises fixed deposit (FD) rates. How they compare with SBI, ICICI Bank, HDFC Bank

Axis Bank latest FD interest rates (below ₹2 crore) for general public 7 days to 14 days 2.75% 15 days to 29 days 3.00% 30...

Pharma stocks outlook: Expect pharma stocks to give 15% compounding returns over medium to long-term: Aditya Khemani

We are not positive but neutral when it comes to the construction or infrastructure space, said Fund Manager, MOAMC. Let us take stock of the...

Banks capitalraising: Why are banks strengthening their capital positions? Axis Bank Chief Economist explains

There is a sentiment of risk in global markets which we have seen over the last couple of days, says Saugata Bhattacharya. In the last...

Kotak Mahindra Bank: Prudent lenders like Axis Bank & Kotak Bank should keep some powder dry: SBICap Securities

As the lockdown gets extended, the income shocks are likely to go up as well and will play out in the credit cost, says Krishnan...

Indian bank bad debt could double in coronavirus crisis: Sources

MUMBAI/NEW DELHI: India expects bad debts at its banks could double after the coronavirus crisis brought the economy to a sudden halt, a senior government...

Axis Bank enters into definitive agreement to become JV partner in Max Life

NEW DELHI: Axis Bank on Tuesday entered into a definitive agreement with Max Financial Services Ltd to become a joint venture partner in Max Life...

Axis Bank to acquire 30% of Max Life for ₹1,600 crore

New Delhi: Axis Bank is set to acquire nearly 30% of Max Life Insurance Co. from Max Financial Services Ltd, the flagship listed company of...

covid-19: Covid-19: Is this a wound that would heal or a scar that would last forever?

By V Srinivasan As all of us continue to be locked down in our homes, the million dollar question that keeps ticking in our mind...