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AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Change in Directorate

 This is to inform you that Shri B. Baburao, Non-Executive Director [Nominee of The Specified Undertaking of Unit Trust of India (SUUTI)], Promoter of the Bank has tendered his resignation as a Nominee Director, with effect from Friday, 22nd January 2021, consequent to withdrawal of his nomination by SUUTI. On behalf of all Employees and the Directors of the Bank, we would like to acknowledge the invaluable contributions rendered by Shri B. Baburao during his tenure as a Non-Executive Director of the Bank and place on record its deep appreciation for the insightful perspectives and suggestions provided by him at the meetings of the Board/Committees of the Bank. The Bank has initiated the succession planning process for the appointment of new nominee of SUUTI in place of Shri B. Baburao and the disclosures regarding the same will be made post approval of the same by the Board of Directors of the Bank.
22-01-2021
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AXIS BANK LTD. - 532215 - Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

 This is with reference to our earlier disclosure letter AXIS/CO/CS/343/2020-21 dated 30th October 2020 on Axis Bank and its subsidiaries, i.e. Axis Capital Limited and Axis Securities Limited (together 'Axis Entities') entering into revised agreements with Max Financial Services Limited ('Max Financial') for acquisition of upto 19.002% of the equity share capital of Max Life Insurance Company Limited ('Max Life'), a material subsidiary of Max Financial, to Axis Entities. In this regard, we would like to inform you that the Competition Commission of India ('CCI') has, vide its letter dated 20th January 2021, intimated that CCI, at its meeting held on 20th January 2021, considered the proposed combination and approved the first acquisition by Axis Entities under sub-section (1) of Section 31 of the Competition Act, 2002 ('CCI Letter'). A copy of the CCI letter is attached herewith. The transaction is subject to conditions precedent, including further regulatory approvals.
21-01-2021

Axis Bank Q3 Net Profit seen up 18.1% YoY to Rs. 2,074.6 cr: Prabhudas Lilladher

 Net Interest Income (NII) is expected to increase by 16.9 percent Y-o-Y (up 3 percent Q-o-Q) to Rs. 7,546.1 crore, according to Prabhudas Lilladher.
20-01-2021

Axis Bank unveils Aura Credit Card with health, wellness benefits

 Sanjeev Moghe, EVP and head, cards and payments said, "Our analytics indicated a strong trend among consumers with the way they have been spending on health care products. This showed a significant increase in spend in the health and wellness categories."
20-01-2021

Axis Bank Q3 Net Profit seen up 52% YoY to Rs. 2,668 cr: Arihant Capital

 Net Interest Income (NII) is expected to increase by 2 percent Y-o-Y (up 10 percent Q-o-Q) to Rs. 6,560 crore, according to Arihant Capital.
19-01-2021
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AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

 We are pleased to inform that the Bank has allotted 97,750 equity shares of Rs. 2/- each of the Bank on 18th January 2021, pursuant to exercise of stock options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase Rs. 612,31,49,534 (306,15,74,767 equity shares of Rs. 2/- each) to Rs. 612,33,45,034 (306,16,72,517 equity shares of Rs. 2/- each). You are requested to take the above on record.
18-01-2021
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Axis Bank offers best digital experience

 Out of four banks being studied, Axis Bank emerged as the fastest in average Time to Log In and Transfer Money. In Time to Open Statement it came in second, a whisker behind HDFC Bank
17-01-2021
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AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Cessation

 This is to inform you that Shri Rohit Bhagat, Independent Director of the Bank has ceased to be an Independent Director of the Bank, with effect from the close of business hours on Friday, 15th January 2021, upon completion of the maximum permissible tenure of 8 continuous years, under Section 10A(2A) of the Banking Regulation Act, 1949. On behalf of all Employees and the Directors of the Bank, we would like to acknowledge the invaluable contributions rendered by Shri Rohit Bhagat during his tenure as an Independent Director of the Bank and place on record our deep appreciation for the insightful perspectives and suggestions provided by him at the meetings of the Board/Committees of the Bank.
15-01-2021
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AXIS BANK LTD. - 532215 - Shareholding for the Period Ended December 31, 2020

 AXIS Bank Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2020. For more details, kindly Click here
12-01-2021
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AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

 We are pleased to inform that the Bank has allotted 63,900 equity shares of Rs. 2/- each of the Bank on 11th January 2021, pursuant to exercise of stock options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase Rs. 612,30,21,734 (306,15,10,867 equity shares of Rs. 2/- each) to Rs. 612,31,49,534 (306,15,74,767 equity shares of Rs. 2/- each). You are requested to take the above on record.
11-01-2021
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