Edition:
India

Axis Bank Ltd (AXBK.NS)

AXBK.NS on National Stock Exchange of India

779.15INR
22 May 2019
Change (% chg)

Rs6.20 (+0.80%)
Prev Close
Rs772.95
Open
Rs774.80
Day's High
Rs784.00
Day's Low
Rs770.20
Volume
5,928,186
Avg. Vol
9,199,303
52-wk High
Rs791.80
52-wk Low
Rs498.75

Latest Key Developments (Source: Significant Developments)

India's ED Attaches Properties Worth 29.5 Mln rupees In Axis Bank Demonetized Currency Conversion Case In Delhi - Tweet
Monday, 13 May 2019 

May 13 (Reuters) - Axis Bank Ltd ::INDIA'S ED ATTACHES PROPERTIES WORTH 29.5 MILLION RUPEES IN AXIS BANK DEMONETIZED CURRENCY CONVERSION CASE IN DELHI - TWEET.  Full Article

Axis Bank Says Non-Exec Chairman Sanjiv Misra's Term To Expire On July 17
Tuesday, 12 Mar 2019 

March 12 (Reuters) - Axis Bank Ltd ::SAYS TERM OF SANJIV MISRA, NON-EXEC (PART-TIME) CHAIRMAN WILL EXPIRE ON JULY 17.APPROVED APPOINTMENT OF RAKESH MAKHIJA AS NONEXECUTIVE (PART-TIME) CHAIRMAN OF THE BANK, FOR A PERIOD OF 3 YEARS.  Full Article

India's SUUTI Says Intends To Exercise Oversubscription Option On Axis Bank OFS
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - Specified Undertaking Of Unit Trust Of India::SPECIFIED UNDERTAKING OF UNIT TRUST OF INDIA SAYS INTENDS TO EXERCISE OVER SUBSCRIPTION OPTION ON AXIS BANK OFS TO EXTENT OF 26.3 MILLION SHARES.  Full Article

Axis Bank Exec Says Recovery From NPA Pool Was 16.22 Bln Rupees In Dec Qtr
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Axis Bank Ltd MD & CEO Amitabh Chaudhry, CFO Jairam Sridharan::AXIS BANK LTD EXEC SAYS FOCUS TO IMPROVE DEPOSIT GROWTH “MATERIALLY”.AXIS BANK LTD EXEC SAYS WILL CONTINUE TO FOCUS ON CORE OPERATING PROFITABILITY.AXIS BANK LTD EXEC SAYS FOCUS TO REDUCE CREDIT COST MATERIALLY OF THE BANK.AXIS BANK LTD EXEC SAYS BANK IS IDENTIFYING AREAS OF BALANCESHEET THAT MIGHT TAKE FURTHER STRENGTHENING.AXIS BANK LTD EXEC SAYS "GOAL IS TO DELIVER 18 PERCENT ROE ON A SUSTAINABLE BASIS".AXIS BANK LTD EXEC SAYS INITIAL REVIEW OF CORP ACCOUNTS UNDER STRESS SUGGEST THEY ARE BB TAG ACCOUNTS.AXIS BANK LTD EXEC SAYS GOING AHEAD CO EXPECTS LOAN GROWTH TO PICK UP ABOVE 13 PERCENT.AXIS BANK LTD EXEC SAYS RECOVERY FROM NPA POOL WAS 16.22 BILLION RUPEES IN DECEMBER QUARTER.AXIS BANK EXEC SAYS LARGEST RECOVERY FROM WRITTEN OFF ACCOUNTS FROM STEEL SECTOR IN LAST THREE QTRS.  Full Article

Axis Bank Says Asked By RBI To Classify 2 Accounts As NPA With Outstanding Amount Of 2.25 Bln Rupees
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Axis Bank Ltd ::BANK HAS RECEIVED AN INDICATIVE LIST FROM RBI RELATING TO ASSET QUALITY DIVERGENCE FOR THE FISCAL YEAR ENDING 31ST MARCH 2018..BANK HAS BEEN ASKED BY RBI TO CLASSIFY 2 ACCOUNTS AS NPA, WITH AN OUTSTANDING AMOUNT OF 2.25 BILLION RUPEES.RBI ASKED TO MAKE ADDITIONAL PROVISIONS OF 1 BILLION RUPEES ON 2 ACCOUNTS ALREADY NPA AS OF MARCH'18; PROVISION INCORPORATED IN Q3 FINANCIALS.RECOVERED 9.98 BILLION RUPEES THIS QUARTER LARGELY COMPRISING OF 2 ACCOUNTS FROM PRUDENTIALLY WRITTEN OFF POOL, COMPARED TO 400 MILLION RUPEES IN Q3FY18.  Full Article

Axis Bank Says News Item On Hawala Scam Relates To Ongoing Investigation
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Axis Bank Ltd ::NEWS ITEM ON HAWALA SCAM RELATES TO INVESTIGATION BEING CONDUCTED INTO TRANSACTIONS CARRIED OUT BY CREDIT SOCIETY.BANK HAS NO CREDIT EXPOSURE TO CREDIT SOCIETY.  Full Article

Yatra.com To Manage Axis Bank's Corporate Travel Bookings
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - Yatra Online Inc ::YATRA.COM TO MANAGE AXIS BANK'S CORPORATE TRAVEL BOOKINGS.YATRA ONLINE INC - ANNOUNCED ADDITION OF INDIA'S AXIS BANK TO ITS CUSTOMER BASE.  Full Article

Essar Global Repays All Debt To Indian And Foreign Lenders
Monday, 7 Jan 2019 

Jan 7 (Reuters) - Essar Global ::ESSAR GLOBAL REPAYS ALL DEBT TO INDIAN AND FOREIGN LENDERS.ESSAR GLOBAL SAYS 120 BILLION-RUPEE REPAYMENT IS OVER AND ABOVE 300 BILLION RUPEES REPAYMENT MADE TO LENDERS IN 2017.ESSAR GLOBAL - REPAID ABOUT 63 BILLION RUPEES TO ICICI BANK, AXIS BANK AND STANDARD CHARTERED BANK.  Full Article

Axis Bank MD & CEO Shikha Sharma Retires
Monday, 31 Dec 2018 

Dec 31 (Reuters) - Axis Bank Ltd ::SAYS SHIKHA SHARMA, MANAGING DIRECTOR & CEO OF AXIS BANK LIMITED HAS RETIRED FROM SERVICES.  Full Article

Axis Bank To Raise Funds By Issuing Senior Unsecured Redeemable NCDs Worth About 30 Bln Rupees
Friday, 21 Dec 2018 

Dec 21 (Reuters) - Axis Bank Ltd ::PROPOSES TO RAISE FUNDS BY ISSUING SENIOR UNSECURED REDEEMABLE NCDS WORTH ABOUT 30 BILLION RUPEES.ISSUE WITH GREENSHOE OPTION TO RETAIN OVERSUBSCRIPTION OF 20 BILLION RUPEES.  Full Article

TABLE-India Certificates of Deposit deals on F-TRAC-May 22

May 22 Following are the details of deals in Indian Certificates of Deposit reported on Clearcorp F-TRAC Platform. ISIN DESCRIPTION MATURITY WTG AVG WTG AVG NO OF TRADED LAST TRADED DATE PRICE YLD% TRADES VALUE* PRICE YIELD ============ ============ ======== ======= ======= ====== ===== =============== INE683A16MA8 THE SOUTH INDIAN BK 24-May-19 99.9631 6.7367 1 150 99.