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
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 lakhUpdates
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.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.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.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...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.Milestones under Axis Bank CEO Shikha Sharma's leadership
The ICICI Bank veteran had joined Axis Bank in June 200Disclosure 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 hereAxis Bank extends Shikha Sharma's term by three years
Her current term comes to an end in June 2018Updates
This is to inform you that the Board of Directors at its meeting held on 26th July 2017, approved the re-appointment of Smt. Shikha Sharma as the Managing Director & CEO of the Bank for a period of 3 years, w.e.f. 1st June 2018, subject to compliance with the prescribed formalities and receipt of requisite regulatory/ statutory approvals. The brief profile of Smt. Shikha Sharma is also attached herewith for your ready reference.