Edition:
India

Axis Bank Ltd (AXBK.NS)

AXBK.NS on National Stock Exchange of India

709.55INR
18 Oct 2019
Change (% chg)

Rs-0.75 (-0.11%)
Prev Close
Rs710.30
Open
Rs709.85
Day's High
Rs715.70
Day's Low
Rs705.25
Volume
9,500,635
Avg. Vol
11,484,796
52-wk High
Rs827.75
52-wk Low
Rs534.55

Latest Key Developments (Source: Significant Developments)

India Govt Likely To Sell Stake In Axis Bank Held Via SUUTI - ET NOW, Citing Sources
Wednesday, 25 Sep 2019 

Sept 25 (Reuters) - :INDIA GOVERNMENT LIKELY TO SELL ITS STAKE IN AXIS BANK HELD VIA SPECIFIED UNDERTAKING OF THE UNIT TRUST OF INDIA IN TWO TRANCHES - ET NOW, CITING SOURCES.INDIA GOVERNMENT'S PARTIAL STAKE SALE OF AXIS BANK HELD BY SPECIFIED UNDERTAKING OF THE UNIT TRUST OF INDIA LIKELY IN OCT - ET NOW, CITING SOURCES.INDIA GOVERNMENT MULLS SELLING REST OF STAKE HELD IN AXIS BANK VIA OFFER FOR SALE- ET NOW, CITING SOURCES.INDIA GOVT CONSIDERS STAKE SALE IN ITC <<>> HELD VIA SPECIFIED UNDERTAKING OF THE UNIT TRUST OF INDIA - ET NOW, CITING SOURCES.  Full Article

India Cenbank Governor Says No Proposal For Asset Quality Review For NBFCS At This Point
Monday, 19 Aug 2019 

Aug 19 (Reuters) - :INDIA CENBANK GOVERNOR SAYS NO PROPOSAL FOR ASSET QUALITY REVIEW FOR NBFCS AT THIS POINT.INDIA CENBANK GOVERNOR SAYS NBFCS IMPORTANT FOR THE ECONOMY.AXIS BANK CEO SAYS CREDIT GROWTH IS COMING DOWN.AXIS BANK CEO SAYS BANKS LIKELY TO SLOW DOWN ON CREDIT GROWTH FURTHER.PUNJAB NATIONAL BANK CHAIRMAN SAYS WILL COME UP WITH EXTERNAL BENCHMARK FOR VARIOUS RETAIL PRODUCTS IN ABOUT A WEEK.PUNJAB NATIONAL BANK CHAIRMAN SAYS THERE IS ADEQUATE LIQUIDITY, NO PROBLEM OF LIQUIDITY NOW.PUNJAB NATIONAL BANK CHAIRMAN SAYS NBFC ALM BEING TAKEN CARE OF, HOPE THE SECTOR WILL REVIVE SOON.PUNJAB NATIONAL BANK CHAIRMAN SAYS LOOKING AT DOUBLE DIGIT CREDIT GROWTH FOR PNB.STATE BANK OF INDIA CEO SAYS CONSULTATION ON WITH FINMIN FOR FISCAL STIMULUS PACKAGE.STATE BANK OF INDIA CEO NO MORE MEASURES REQUIRED BY THE GOVERNMENT TO HELP THE NBFC SECTOR.PUNJAB NATIONAL BANK CHAIRMAN SAYS ONLY AT DELIBERATION STAGE ON BANKS TAKING OVER DHFL MANAGEMENT.PUNJAB NATIONAL BANK CHAIRMAN SAYS CONSIDERING LINKING CASA TO REPO RATE, NO DECISION TAKEN YET.  Full Article

Axis Bank Says Sanjiv Misra Has Ceased To Be Non-Executive Chairman Of Bank
Wednesday, 17 Jul 2019 

July 17 (Reuters) - Axis Bank Ltd ::AXIS BANK LTD - SANJIV MISRA HAS CEASED TO BE NON-EXECUTIVE (PART-TIME) CHAIRMAN OF BANK.  Full Article

Axis Bank Gets RBI Approval To Appoint Rakesh Makhija As Non-Exec Part-Time Chairman
Monday, 3 Jun 2019 

June 3 (Reuters) - Axis Bank Ltd ::GETS RBI APPROVAL FOR APPOINTMENT OF RAKESH MAKHIJA AS NON-EXEC (PART-TIME) CHAIRMAN OF AXIS BANK.  Full Article

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

TABLE-India Certificates of Deposit deals on F-TRAC-Oct 18

Oct 18 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 ============ ============ ======== ======= ======= ====== ===== =============== INE238A163P0 AXIS BK 01-Nov-19 99.8067 5.0494 1 100 99.