Readers' Corner: Banking
Rajiv Anand, executive director, Axis Bank, answers your questions22-03-2017
22-03-2017
Updates
We are pleased to inform that the Board of Directors of the Bank has passed a resolution approving the allotment of 1 year Senior Fixed Rate Notes aggregating to USD 16,200,000 (USD Sixteen Million two hundred thousand only), under the MTN Programme through its Dubai International Financial Centre (DIFC) branch.22-03-2017
SUB: AUDITED FINANCIAL RESULTS OF AXIS BANK LIMITED (THE BANK) FOR THE QUARTER /FINANCIAL YEAR ENDING AS ON 31ST MARCH, 2017. REF: REGULATIONS 29 (1), 46 (2) And 47 (1) OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 (LISTING REGULATIONS')
The Board of Directors (the Board') of Axis Bank Limited (the Bank') will be held on 25th April, 2017 and will continue on 26th April, 2017 at the Corporate Office of the Bank to inter alia, consider and approve the following: 1)Audited Financial Results. 2)Recommend final dividend, if any, for the FY 2016-17. 3)Borrowing / Raising funds in Indian Currency / Foreign Currency by issue of debt Instruments including but not limited to bonds...22-03-2017
Updates
SUB: CLARIFICATION REGARDING FALSE NEWS BEING CIRCULATED IN CERTAIN SECTIONS OF THE SOCIAL MEDIA REF: SEBI(LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 Your urgent attention is invited to the news appearing in section of social media stating the impending resignation of the MD & CEO of the Bank, which please note is false, speculative and is being circulated with the malafide intention of misleading the investors and the...22-03-2017
Updates
We are pleased to inform that the Bank has allotted 5,58,955 equity shares of Rs. 2/- each on 20.03.2017, pursuant to exercise of options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 478,77,02,676 (239,38,51,338 equity shares of Rs. 2/- each) to Rs. 478,83,83,526 (239,41,91,763 equity shares of Rs. 2/- each). You are requested to take the above on record.20-03-2017
Updates
SUB: CONFIRMATION ON PAYMENT OF INTEREST ON UNSECURED NON-CONVERTIBLE REDEEMABLE DEBENTURES - AXIS BANK LIMITED - SR 20 REF: INE238A08336 NSE CODE AXBK22 / BSE CODE 947912 With reference to Clause 57(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm that the payment of interest on Unsecured Non-Convertible Redeemable Debentures (Sr. 20) has been made on 20.03.2017 You are requested to take the above on record.20-03-2017
Updates
SUB: AXIS BANK LIMITED KEEPS MCLRs UNCHANGED REF: REGULATION 30 READ WITH PARA B OF SCHEDULE III OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 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 March, 2017. The press release in this regard is enclosed herewith. You are requested to take...16-03-2017
Axis Bank opens new branch in Nadiad
Private sector lender Axis Bank on Wednesday announced the opening of its new branch in Nadiad, Gujarat. The bank now has 282 branches in the state. The bank will leverage the branch to reach out...15-03-2017
Updates
We are pleased to inform that the Bank has allotted 5,58,955 equity shares of Rs. 2/- each on 14.03.2017, pursuant to exercise of options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 478,65,84,766 (239,32,92,383 equity shares of Rs. 2/- each) to Rs. 478,77,02,676 (239,38,51,338 equity shares of Rs. 2/- each). You are requested to take the above on record.14-03-2017
Axis Bank announces Young Bankers program 2017-18
Last date to register for the program is March 19, 201608-03-2017