Axis Bank rises over 2% on acquisition of Citibank's India consumer biz
The homegrown bank has completed the acquisition of Citibank’s India consumer and non-banking finance businesses for ₹12,325 crore.
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Axis Bank shares fall 3% despite strong Q3; here’s why
Axis Bank has reported a 62% YoY rise in its net profit at ₹5,853 crore in Q3 FY23, aided by improvement in operating metrics and asset quality.
Axis Bank Q3 profit surges 62% to ₹5,853 cr; NII up 32%
Axis Bank's provision, contingencies stand at ₹1,438 cr, including non-recurring, one-time provisions of ₹340 cr. Its specific 'loan loss provisions' are at ₹1,341 cr.
Axis Bank complies with IRDAI order; to buy 7% more stake in Max Financial
The revision in agreement comes after IRDAI asked the entities to revise their pact to buy Max Financial’s balance stake at “fair market value” to comply with its norms.
Axis Bank share hits record high on plan to raise ₹12,000 cr via bonds
The private lender plans to raise funds by issuing unsecured, rated, listed, subordinated, taxable, non-convertible, Basel III compliant Tier II bonds
Axis Bank shares fall 3% after govt sells its entire stake
The specified undertaking of the unit trust of India (SUUTI), under the government of India, will sell 4,65,34,503 equity shares or 1.55% stake in the private lender.
Why are L&T, Bharti Airtel, Tata Steel shares trading lower today
Shares of Tata Steel, Larsen & Toubro, and Bharti Airtel fell up to 3% as investors reacted to their respective quarterly earnings reports.
Axis Bank stock falls 2% amid block deal buzz
Bain Capital to sell a 1.24% stake in Axis Bank at a floor price of ₹888 per share, a discount of 2% to Monday’s closing price.
Axis Bank stock jumps 8% as Q2 profit beats estimates
Axis Bank reported a consolidated profit of ₹5,625 crore in Q2 FY23, up 66% YoY; NII grew 31% year-on-year to ₹10,360 cr.
Muhurat trading: Top stocks to buy this Diwali
In the near term, the BSE Sensex is expected to cross the 66,000 mark, while the NSE Nifty is projected to hit the 20,000 level.
