Clarification sought from AXIS Bank Ltd
The Exchange has sought clarification from AXIS Bank Ltd with respect to news article appearing on Business Standard - March 06, 2018 titled "RBI fine Axis Bank Rs.30 million for flouting NPA norms".The reply is awaited. Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We are pleased to inform that the Bank has allotted 4,66,350 equity shares of Rs. 2/- each on 05.03.2018, pursuant to exercise of options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 513,07,29,882 (256,53,64,941 equity shares of Rs. 2/- each) to Rs. 513,16,62,582 (256,58,31,291 equity shares of Rs. 2/- each). You are requested to take the above on record. Defaulting promoters must be barred from bidding: Axis Bank chief
Axis Bank chief Shikha Sharma said that there is 'some conversation' on this aspect already
The PNB fraud fallout continues, with Axis Bank deferring $500 million bond sale
Global investors, seeing the meltdown of one of India's largest public sector banks in the wake of the Nirav Modi fraud, are reportedly turning cautious on India's banking sector. This has compelled Axis Bank to defer the $500 million bond sale, which had been scheduled to launch on Feb 19. Institutional investors across US, Asia and Africa were being courted by the bank for the bond sale. In the first information report (FIR) filed in January with the CBI, PNB cited the Hong Kong branches of Axis Bank and Allahabad Bank, which had received the fraudulent letters of undertaking (LoUs) against which both banks had released payments. Axis Bank, said in its filing to the exchanges that it had “sold down all the buyers’ credit transactions” undertaken by the Hong Kong branch with Punjab National Bank. 293 such fraudulent LoUs had been issued to PNB by Nirav Modi and Merul Choksi. Axis Bank's share price has been trending down over February, and is now below its 50 and 100 day SMAs, with its MFI also oversold. Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Enclosed, please find the schedule of Investor conference held at Singapore on 26th February 2018 to 28th February 2018, in terms of the captioned subject. The same is being uploaded on the website of the Bank www.axisbank.com Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Enclosed, please find the schedule of Investor conference held at Mumbai on 27th February 2018, in terms of the captioned subject. The same is being uploaded on the website of the Bank www.axisbank.com Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We are pleased to inform that the Bank has allotted 1,43,320 equity shares of Rs. 2/- each on 26.02.2018, pursuant to exercise of options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 5,13,04,43,242 (2,56,52,21,621 equity shares of Rs. 2/- each) to Rs. 513,07,29,882 (256,53,64,941 equity shares of Rs. 2/- each). You are requested to take the above on record. Clarifies on news item
The Exchange had sought clarification from Axis Bank Limited with reference to the media report titled, "Axis Bank asks CIO Amit Sethi to Resign" The response from the Bank is enclosed. Clarification sought from AXIS Bank Ltd
The Exchange has sought clarification from AXIS Bank Ltd with respect to news article appearing on The Economic Times - February 23, 2018 titled "Axis Bank Asks CIO Amit Sethi to Resign". The reply is awaited. Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Enclosed, please find the schedule of Investor conference held at Mumbai on 21st February 2018, in terms of the captioned subject. The same is being uploaded on the website of the Bank www.axisbank.com