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Axis Bank ties up with LIC to sell policies in largest bancassurance deal yet

Jul 29, 2016

Axis Bank ties up with LIC to sell policies in largest bancassurance deal yet

To start with, Axis Bank branches in Bengal, Bengaluru and Haryana’s Panchkula will start selling LIC’s multiple products. #Axis Bank #Bengaluru #LIC #Panchkula #Rajiv Anand #Mukesh Gupta #Axis branches in Bengal
Axis Bank Q1 net profit drops 21% at Rs 1,556 cr as bad loans remain high

Jul 22, 2016

Axis Bank Q1 net profit drops 21% at Rs 1,556 cr as bad loans remain high

The bank's Gross NPA in absolute term rose to Rs 9,553 crore as compared to Rs 4,251 crore at the end of June 2015 #Axis Bank #Gross NPAs #Q1 net profit
Axis Bank gets cabinet nod for 74% foreign holding

Jul 05, 2016

Axis Bank gets cabinet nod for 74% foreign holding

The promoters hold 30.76 percent in Axis Bank, while 69.24 per cent is held by the public, as on March 31 this year #Axis Bank #Cabinet Committee #Prime Minister Narendra Modi #Foreign holding #UTI Bank
With 31 percent jump, HDFC's Aditya Puri top gainer in salary hike

Jun 27, 2016

With 31 percent jump, HDFC's Aditya Puri top gainer in salary hike

Some market watchers say much of the top management compensation package was decided in early part of the fiscal before RBI's AQR kicked in. #RBI #HDFC #Yes Bank #Axis Bank #Chanda Kochhar #ICICI #Kotak Mahindra Bank #Uday Kotak #Rana Kapoor #Aditya Puri - CEO #AQR
Better jobs, income boosting home loan demand from small cities; banks buck corporate slowdown

Jan 28, 2016

Better jobs, income boosting home loan demand from small cities; banks buck corporate slowdown

India's banks, struggling to boost mainstay corporate loans, are finding a bright spot in a home-buying spree in the country's towns that has driven mortgage-loan growth to the fastest rate in at least six years. #Narendra Modi #ICICI Bank #SBI #Axis Bank #Mortgage loan #home loan growth #Jayanthy Lakshmi
Bank stocks up on government steps to address bad loans

Nov 27, 2015

Bank stocks up on government steps to address bad loans

Shares of banks today went up by about 6 per cent after the government said that it is planning to set up a high-level panel to effectively deal with the issue of mounting bad loans. #Banks #ICICI Bank #SBI #BSE #NSE #Axis Bank #HDFC Bank #shares #IDBJ Bank
Mobile banking will become our primary digital channel soon: Axis Bank CIO Amit Sethi

Nov 02, 2015

Mobile banking will become our primary digital channel soon: Axis Bank CIO Amit Sethi

In an interview, Axis Bank CIO Amit Sethi says, "Today, 88-90 percent of transactions at Axis Bank are actually happening electronically; and only 11 percent are happening in the branches. It is a huge switch." #digital #Interview #Axis Bank #CIO #Security #analytics #cloud #mobility #Big Data #Amit Sethi
Sensex drops over 150 points on weak Chinese markets, Axis Bank tumbles 6%

Oct 28, 2015

Sensex drops over 150 points on weak Chinese markets, Axis Bank tumbles 6%

Despite a nervous start, breadth of the market exhibited a positive trend with 885 stocks advancing against 646 declines on BSE #Sensex #nifty #BSE #Axis Bank #US Fed #Q2 Results #banking stocks #CNX #Chinese markets #rate setting meeting