Another raid on Axis Bank branch: ED detects Rs 89 crore worth illegal transactions
The raid was conducted at Mayamnagar branch of the bank and the ED scrutinised 19 accounts.22-12-2016
22-12-2016
Allotment of Equity Shares under ESOP
AXIS Bank Ltd has informed BSE that the Bank has allotted 33,870 equity shares of Rs. 2/- each on December 21, 2016, pursuant to exercise of options under its ESOP Scheme.The paid up share capital of the Bank will accordingly increase from Rs. 478,25,67,946 (239,12,83,973 equity shares of Rs. 2/- each) to Rs. 478,26,35,686 (239,13,17,843 equity shares of Rs. 2/- each).21-12-2016
Axis Bank assures govt of action against erring officials
Bank on damage control mode after incidents of money laundering were detected at some branches20-12-2016
Axis Bank suspends some suspicious accounts
Hit by irregularities by some of its employees, Axis Bank today said it has taken the unprecedented step of temporarily suspending some of the suspicious accounts and has a rigorous compliance...19-12-2016
Q3 results on Jan 19, 2017
AXIS Bank Ltd has informed BSE that the meeting of the Board of Directors of the Bank will be held on January 18, 2017 and will continue on January 19, 2017, inter alia, to consider and approve the Unaudited Financial Results of the Bank, for the Quarter / Nine months ending as on December 31, 2016 (Q3), subject to a limited review by the Statutory Auditors of the Bank....19-12-2016
Axis Bank Cuts Lending Rates By Up To 0.15%
The Ahmedabad-headquartered bank cut its overnight marginal cost of funding-based lending rate - the most competitive offering by rates - by 0.10 per cent to 8.55 per cent.16-12-2016
Axis Bank cuts the MCLRs
AXIS Bank Ltd has informed BSE that the Bank has reviewed and decided to reduce the MCLRs of the Bank by 10 bps in the Overnight tenor and by 15 bps across all other tenors. This will be effective from December 17, 2016.In this regard, the Bank has submitted a copy of Press Release dated December 16, 2016 titled "Axis Bank cuts the MCLRs".16-12-2016
I-T finds 12 fake accounts in Delhi's Krishna Nagar branch of Axis Bank
The I-T department is trying to analyse the quantum of transactions through these fake companies16-12-2016
Suspicious deals: Axis Bank suspends 24 employees, 50 accounts
Asserting that investigating agencies acted on tip-offs provided by the bank itself, it admitted that the adverse publicity was affecting its brand.15-12-2016
AXIS Bank Ltd reply to Clarification sought by the exchange
The Exchange had sought clarification from AXIS Bank Ltd with reference to the media report titled, "Fake accounts created to launder black money in Axis branch's Noida branch." AXIS Bank Ltd response is enclosed.15-12-2016