We attended Axis Bank’s Analyst Day 2022, wherein the bank demonstrated the execution of Growth, Profitability and Sustainability (GPS) strategy across business ver..
Axis Bank is currently trading at Rs. 878.60, up by 3.75 points or 0.43% from its previous closing of Rs. 874.85 on the BSE.
The scrip opened at Rs. 877.25 and has tou..
Flipkart and Axis Bank on Tuesday launched the 'Super Elite Credit Card' for shoppers to earn rewards up to Rs 20,000 on Flipkart, Myntra and Cleartrip.
The rising interest rates will enable Indian banks to continue posting good profits during the remaining part of FY23, according to S&P Global Market Intelligence.
Axis Bank, India's third-largest private lender, will focus on mid-corporate and working capital loans, shifting away from longer tenure lending and chunkier in..
The Indian government has received about 38.39 billion rupees ($472.1 million) from the sale of Axis Bank Ltd shares held by a government investment vehicle, the divestme..
Stocks of Indian lenders have rallied this year to touch a record high on Wednesday and analysts believe the party is likely to continue as banks issued robust earnings r..
India is to sell a 1.55% stake in Axis Bank through an offer for sale, a government investment vehicle, the Specified Undertaking of the Unit Trust of India, said on Wedn..
The Indian government bond yield curve could invert, with the benchmark 10-year bond yield easing below those of shorter tenor securities, as the central bank's rate ..
Strong performance beating estimates…
About the stock: Axis Bank is the third largest private sector bank in India with a balance sheet size of | 11.8 lakh cror..
Ticking all the right boxes, almost!
Axis Bank reported a strong quarter with its RoA/RoE reaching 1.8%/17.5% levels (highest since FY16) aided by a) solid core PPOP g..
High-octane margin; core-profit delivery
* Despite the relatively-moderate credit growth, Axis Bank reported strong core profit growth at 43% YoY/19% QoQ, on the back ..
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