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

 This is to inform you that the Board of Directors of the Bank has, at its meeting held today approved the appointment of Smt. Meena Ganesh as an Additional Independent Director of the Bank, with effect from 1st August 2020 and to hold office as such upto the date of the 27th Annual General Meeting of the Bank, in terms of Sections 149, 152 and 161 of the Companies Act, 2013 read with the Rules made thereunder and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The first term of Smt. Meena Ganesh as an Independent Director of the Bank, shall be for a period of 4 years with effect from 1st August 2020 up to 31st July 2024 (both days inclusive). During her tenure as an Independent Director of the Bank, Smt. Meena Ganesh shall not be liable to retire by rotation, in terms of Section 149(13) of the Companies Act, 2013.
22-07-2020

Buy Axis Bank; target of Rs 565: HDFC Securities

 HDFC Securities is bullish on Axis Bank has recommended buy rating on the stock with a target price of Rs 565 in its research report dated July 21, 2020.
22-07-2020
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NPCI launches UPI AutoPay feature for payments

 NPCI launches UPI AutoPay feature for paymentsMany organisations, including Axis Bank, Policybazaar, Razorpay, Timesprime, PayUIndia, among others will be providing the option of UPI AutoPay to its customers for recurring payments of subscriptions, monthly and yearly payments.
22-07-2020

Axis Bank: Prudence comes to the fore

 The strategic clarity on strengthening the balance sheet and adequate capital cushion should make Axis Bank a winner post the pandemic.
22-07-2020

Earnings Call Transcript - Q1FY21 for Axis Bank

 Conference Call with Axis Bank Management and Analysts on Q1FY21 Performance and Outlook. Listen to the full earnings transcript.
21-07-2020
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AXIS BANK LTD. - 532215 - OUTCOME OF 208TH BOARD MEETING OF AXIS BANK LIMITED HELD ON 21ST JULY 2020.

 This is to inform you that at the 208th meeting of the Board of Directors of the Bank (the 'Board') held today i.e. Tuesday, 21st July 2020 through Video Conference, the Board has reviewed and approved the Unaudited Financial Results of the Bank and the Unaudited Consolidated Financial Results, for the Quarter ended 30th June 2020, which were subjected to a Limited Review by the Statutory Auditors of the Bank and reviewed by the Audit Committee of the Board at its meeting held earlier during the day and recommended for the approval of the Board. Please note that the said meeting of the Board had commenced at 1.30 p.m. and the said Financial Results were reviewed and approved by the Board at 4.45 p.m. In this connection, we enclose herewith the said Financial Results, the Limited Review Report issued by the Statutory Auditors of the Bank, the Press Release and the Earnings Presentation for the quarter ended 30th June 2020.
21-07-2020
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Companies and stocks to watch out for today: July 21

 Results action: Eyes on life insurers, HZL, Axis Bank, Bajaj FinanceAround 40 companies will declare their quarterly numbers today. Among them are Axi
21-07-2020

Axis Bank to announce Q1 numbers today; here's what to expect

 HDFC Securities Institutional Research also sees 14 percent YoY loan growth and 16 percent increase in NII.
21-07-2020
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AXIS BANK LTD. - 532215 - APPROVAL OF GRANT OF STOCK OPTIONS BY THE NOMINATION AND REMUNERATION COMMITTEE OF THE BOARD OF DIRECTORS OF AXIS BANK LIMITED

 This is to inform you that the Nomination and Remuneration Committee of the Board of Directors of the Bank (NRC) has today approved the grant of 40,000 stock options convertible into 40,000 equity shares of Rs. 2/- each of the Bank at a price of Rs. 433.10/- per equity share of Rs. 2/- each, being the latest available closing price prevailing on the National Stock Exchange of India Limited (NSE) on Friday, 17th July 2020 i.e. the previous trading day immediately preceding the date on which the grant was approved by the NRC, to the eligible employee of the Bank, in terms of the Employee Stock Option Scheme of the Bank - XXVI formulated and adopted by the Bank, in terms of the provisions of the SEBI (Share Based Employee Benefits) Regulations, 2014.
20-07-2020

Gladiator Stocks - Axis Bank: ICICI Direct

 According to ICICI Direct, Buy Axis Bank in the range of Rs 435.00449.00 for target price of Rs 508.00 with a stop loss of Rs 410.00. Time Frame: Six months.
20-07-2020
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