ED arrests two Axis Bank managers for receiving gold as bribe
The Enforcement Directorate has arrested two officials of a private bank here in connection with its money laundering probe for alleged irregularities in the conversion of old currency and supply of new notes leading to blackmoney generation. Investor conference
AXIS Bank Ltd has informed BSE regarding the schedule of Investor conference held in Mumbai on November 18, 2016. Investor conference
AXIS Bank Ltd has informed BSE regarding the schedule of Investor conference held in New York on November 28, 2016. Allotment of Equity Shares under ESOP
AXIS Bank Ltd has informed BSE that the Bank has allotted 1,10,260 equity shares of Rs. 2/- each on November 28, 2016, pursuant to exercise of options under its ESOP Scheme.The paid up share capital of the Bank will accordingly increase from Rs. 478,19,82,726 (239,09,91,363 equity shares of Rs. 2/- each) to Rs. 478,22,03,246 (239,11,01,623 equity shares of Rs. 2/- each). I-T cell finds Rs 40 crore deposit in banned notes at Delhi bank
The Axis Bank branch and the premises of two of its managers were searched by I-T officials in the last three days and cash and documents were seized, sources said. Axis managers under IT scanner after Rs 3.5 cr recovery
Bank claims of following due procedure Allotment of Securities
AXIS Bank Ltd has informed BSE that the Board of Directors of the Bank vide its Resolution passed by Circulation on November 23, 2016, allotted 18,000 Unsecured Redeemable Non-Convertible Subordinated Debentures (Basel- III Compliant Tier II Debentures) (Series - 25) of the face value of Rs. 10 lakh each for cash at par aggregating to Rs. 1800 Crores (Rupees Eighteen Hundred Crore only), on a private placement basis. The said Debentures will be listed... Axis Bank To Raise Up To Rs 1,800 Crore Via Debentures
Axis Bank will raise funds by issuing unsecured redeemable non-convertible subordinated debentures of the face value of Rs 10 lakh each for cash at par aggregating to Rs 1,800 crore, it said. Allotment of Equity Shares under ESOP
AXIS Bank Ltd has informed BSE that the Bank has allotted 58,225 equity shares of Rs. 2/- each on November 21, 2016, pursuant to exercise of options under its ESOP Scheme.The paid up share capital of the Bank will accordingly increase from Rs. 478,18,66,276 (239,09,33,138 equity shares of Rs. 2/- each) to Rs. 478,19,82,726 (239,09,91,363 equity shares of Rs. 2/- each). Updates
AXIS Bank Ltd has informed BSE that the Bank proposes to raise funds by issuing Unsecured Redeemable Non-Convertible Subordinated Debentures (Basel- III Compliant Tier II Debentures) (Series - 25) of the face value of Rs. 10 lakh each for cash at par aggregating to Rs. 1800 Crores (Rupees Eighteen Hundred Crore only). The Board of Directors of the Bank will consider the proposal to issue and allot the above Securities through Circular Resolution.