Max Financial Services shares hit 52-week high; surge 56% in 4 months
The share price of the life insurance company gained as much as 6.3% to touch a new 52-week high of ₹937.50 in early trade today.
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Axis Bank to raise stake in Max Life Insurance by 6.23%
After the proposed transaction, Max Financial Services, which is the holding company of Max Life, will have an 80.98% stake in the insurance firm.
The Retail Credit Binge
Heavy concentration of retail loans is adding risk to bank books. It's time to move with caution.
The Keyboard Lender
Axis is riding the technology wave, transforming the banking experience for its customers.
Axis Bank shares trade choppy amid block deal buzz
U.S. based private investment firm Bain Capital is likely to sell its stake worth $267 million at a floor price range of ₹966-₹977.70 per share via block deal.
Bank stocks fall on RBI's decision to withdraw ₹2,000 currency notes
IndusInd Bank topped the losers' chart, followed by Bank of Baroda, Axis Bank, HDFC Bank, ICICI Bank, Federal Bank, and Kotak Bank, among others.
Axis Bank shares fall 3% on ₹5,3612 crore loss in March quarter
The private lender’s Q4 profit was impacted by ₹12,490 crore payout towards the Citi acquisition.
Axis Bank posts net loss of ₹5,728 crore in Q4 on Citi Bank deal
The bank posted a profit of ₹4,117.77 crore in the same period last year. In the December quarter of FY23, the bank’s profit stood at ₹5,583.07 crore.
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.
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.
