Bad loans set to rise in H2 of FY21 despite improving outlook: Axis Bank
The lender's asset quality had improved both sequentially and year-on-year in Q218-12-2020
Bad loans set to rise in H2 of FY21 despite improving outlook: Axis Bank
The lender's asset quality had improved both sequentially and year-on-year in Q2AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Enclosed, please find the schedule of Analyst / Investor meeting / interactions held at Mumbai on 15th December 2020 and 16th December 2020, in terms of the captioned subject. The same is being uploaded on the website of the Bank www.axisbank.comAXIS BANK LTD. - 532215 - Clarification On Press Statement Dated 14Th December 2020, Issued By Sydney, Australia Based Scams Breaking On Its Website Breaking@Scamsbreaking.Com
We draw your attention to a press statement dated 14th December 2020, issued by Sydney, Australia based Scams Breaking on its website breaking@scamsbreaking.com, in which Axis Bank Limited has been mentioned at various places. The Bank has received queries seeking more information on these exposures. Accordingly, we clarify as below: 1. The Bank has complied with its underwriting practices and approval processes for any exposure taken in relation to SREI Equipment Finance Limited and SREI Infra Finance Limited (collectively 'SREI entities'). Axis Bank's outstanding as on December 14, 2020 are set out in the enclosed file 2. Axis Trustee Services Ltd. acts in its fiduciary capacity as a trustee and / or custodian and charges registered by it is not a reflection of the exposure of Axis Bank Limited. We are evaluating all remedies available to us against the author/publisher of the captioned report.AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We are pleased to inform that the Bank has allotted 1,76,141 equity shares of Rs. 2/- each of the Bank on 14th December 2020, pursuant to exercise of stock options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 612,19,86,168 (306,09,93,084 equity shares of Rs. 2/- each) to Rs. 612,23,38,450 (306,11,69,225 equity shares of Rs. 2/- each).AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Enclosed, please find the schedule of Analyst / Investor meeting / interactions held at Mumbai on 14th December 2020, in terms of the captioned subject. The copy of the Digital Banking presentation made to investors during the group interaction has been uploaded on the website of the Bank at https://www.axisbank.com/docs/default-source/investor-presentations/digital-banking-presentation-dec-2020.pdf. You are requested to take note of above and arrange to bring it to the notice of all concerned.Covid pushes banking sector to bring in more granularity in lending parameters: Axis Bank CEO
Says banking system is continuously partnering with fintech companies for enhancing lending parametersAXIS BANK LTD. - 532215 - Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
AXIS Bank Ltd has informed BSE regarding the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click hereAXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Enclosed, please find the schedule of Analyst / Investor meeting / interactions held at Mumbai on 9th December 2020, in terms of the captioned subject. The same is being uploaded on the website of the Bank www.axisbank.com You are requested to take note of above and arrange to bring it to the notice of all concerned.AXIS BANK LTD. - 532215 - RESULT OF POSTAL BALLOT
Pursuant to the Regulation 44 (3) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, we submit herewith the details of the approval granted by the Members of the Bank, in respect of the Special resolution and Ordinary resolutions as set out in the Postal Ballot Notice dated 28th October 2020. We are pleased to inform you that the aforesaid resolutions have been passed by the Members of the Bank through remote e-voting with requisite majority. The Resolutions are deemed as passed on the last date of voting i.e. Wednesday, 9th December 2020. In this connection, we enclose herewith a copy of Scrutinizer's report dated 10th December 2020 issued by Shri Raghavendar Rao D., Practising Company Secretary (Membership No. ACS 35788/C.P. No. 13407), Scrutinizer for the said remote e-voting process. You are requested to take note of the above and arrange to bring it to the notice of all concerned.Working capital cycles returning, especially in manufacturing: Axis Bank MD
On retail loan growth, the season went better than expected, CEO Chaudhry said