Axis Bank: On the watchlist
Lower pace of credit offtake and pressure on margins may affect earnings13-08-2017
13-08-2017
Axis Bank cuts savings bank deposits rate to 3.5% on deposits below Rs 50 lakh
Bank to continue to pay 4% interest on deposits of above Rs 50 lakh09-08-2017
Updates
We are pleased to inform that the Bank has allotted 1,50,950 equity shares of Rs. 2/- each on 08.08.2017, pursuant to exercise of options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 479,44,52,918 (239,72,26,459 equity shares of Rs. 2/- each) to Rs. 479,47,54,818 (239,73,77,409 equity shares of Rs. 2/- each). You are requested to take the above on record.08-08-2017
Updates
We hereby inform you that the Bank has revised the interest rate downward on Savings Account balance by 50 bps to 3.50 per cent per annum on balance of up to Rs. 50 lakhs. The Bank will continue to offer 4.00 per cent interest per annum on Savings Account balance of Rs. 50 lakhs and above. The new interest rates will be effective from 8th August, 2017.08-08-2017
Axis Bank Raises $500 Million From Bonds
The bank has issued senior fixed rate bonds aggregating to $500 million under the Medium Term Note (MTN) Programme.02-08-2017
Updates
The Bank has issued Senior Fixed Rate Bonds aggregating to USD 500,000,000 (USD Five Hundred Million only) under the GMTN Programme through its Dubai International Financial Centre (DIFC) branch. The notes will be listed at the Singapore Stock Exchange and London Stock Exchange. The Notes have been priced at 130 basis points over the 5-year US Treasury Note, at a yield of 3.113%. The Notes will be denominated in US dollars, and will bear...02-08-2017
Updates
We are pleased to inform that the Bank has allotted 41,950 equity shares of Rs. 2/- each on 31.07.2017, pursuant to exercise of options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 479,43,69,018 (239,71,84,509 equity shares of Rs. 2/- each) to Rs. 479,44,52,918 (239,72,26,459 equity shares of Rs. 2/- each). You are requested to take the above on record.31-07-2017
Milestones under Axis Bank CEO Shikha Sharma's leadership
The ICICI Bank veteran had joined Axis Bank in June 20029-07-2017
Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
AXIS Bank Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here28-07-2017
Axis Bank extends Shikha Sharma's term by three years
Her current term comes to an end in June 201828-07-2017