Axis Bank's 'Thought Factory' Aids Start-Ups To Expand
Claiming to be the first Indian bank to launch such an innovation platform, it said it has successfully mentored six start-ups.21-07-2017
21-07-2017
A.TREDS: first digital transaction
A.TREDS, a joint venture of Axis Bank and mjunction services, on Wednesday announced the successful completion of its first set of transactions on its digital invoice discounting platform,...19-07-2017
Updates
This is to inform you that the Bank has reviewed and decided to keep the MCLRs of the Bank unchanged. This will be effective from 18th July, 2017. The press release in this regard is enclosed herewith.17-07-2017
Updates
We are pleased to inform that the Bank has allotted 7,550 equity shares of Rs. 2/- each on 17.07.2017, pursuant to exercise of options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 479,43,53,918 (239,71,76,959 equity shares of Rs. 2/- each) to Rs. 479,43,69,018 (239,71,84,509 equity shares of Rs. 2/- each). You are requested to take the above on record.17-07-2017
Axis Bank claims it is second-most preferred card issuer
The bank is actively involved in helping to spread digital payments solutions, post demonetisation17-07-2017
Is Axis letting Shikha Sharma go? Bank hires Egon Zehnder to look for replacement
Is Axis letting Shikha Sharma go? Bank hires Egon Zehnder to look for replacementSharma who took charge in 2009 is into her third term. When her first term ended, the bank board did not go through this process.15-07-2017
ITC, Axis Bank, L&T; among top NSE gainers
In the Nifty50 pack, 37 stocks were trading in green, while 14 stocks were in red.13-07-2017
Axis MF sees 40% mop up from Tier-II, Tier-III cities for new fund
Axis Mutual Fund expects nearly 40 per cent of subscription to its newly launched of Axis Dynamic Fund to come from Tier -II and Tier III cities.The asset management company has set an overall collection target of Rs 1,000-1,500 crore during the new fund offer (NFO) period. The new fund, an open-ended equity scheme, opened on July 11 and will close on July 25."We are betting big on Tier-II and Tier III cities. We expect that 40 per cent of the targeted collection of the NFO will come from beyond the first fifteen cities. The awareness about the mutual fund is on the rise in Tier II and Tier -III cities", Ashwin Patni, head (products and fund manager) of Axis Mutual Fund told media persons here.The power of the products is the ability to manage the exposure on dynamic basis, he added.The asset allocation decision will be reviewed on an on-ongoing basis once in every two months and dynamically linked to movements. The net equity allocation will be between 30 to 100 per cent.The Axis...12-07-2017
Axis Bank ties up with IIC
Axis Bank has entered into a collaboration with Inter-American Investment Corporation (IIC) to facilitate trade with Latin America and the Caribbean. The private sector bank, in a statement, said...11-07-2017
Updates
We are pleased to inform that the Bank has allotted 8,250 equity shares of Rs. 2/- each on 10.07.2017, pursuant to exercise of options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 479,43,37,418 (239,71,68,709 equity shares of Rs. 2/- each) to Rs. 479,43,53,918 (239,71,76,959 equity shares of Rs. 2/- each).10-07-2017