Retirement of Executive Director
AXIS Bank Ltd has informed BSE that Shri. Sanjeev K. Gupta, Whole-Time Director designated as the Executive Director (Corporate Centre) of the Bank has retired from the services of the Bank, with effect from the close of business hours on March 18, 2016. Schedule of Investor Meetings
AXIS Bank Ltd has informed BSE regarding "Schedule of Investor Meetings". Allotment of Equity Shares under ESOP
AXIS Bank Ltd has informed BSE that the Bank has allotted 3,70,865 equity shares of Rs. 2/- each on March 14, 2016, pursuant to exercise of options under its ESOP Scheme.The paid up share capital of the Bank will accordingly increase from Rs. 476,34,06,542 (238,17,03,271 equity shares of Rs. 2/- each) to Rs. 476,41,48,272 (238,20,74,136 equity shares of Rs. 2/- each). Buy rating on Axis Bank; Splitting Axis Bank into good bank and bad bank
The corporate book facing stress, however, warrants higher valuation multiples than public sector banks Updates on Re-appointment of Non Executive Chairman
With reference to the earlier letter dated March 08, 2016, AXIS Bank Ltd has now informed BSE that the Board of Directors of the Bank on March 10, 2016, approved the re-appointment of Dr. Sanjiv Misra as the Non-Executive Chairman of the Bank for a period of three months, with effect from March 08, 2016, on the existing terms and conditions, subject to the approval of the Reserve Bank of India and the Shareholders of the Bank, in terms of the relevant... Schedule of Investor Meeting
AXIS Bank Ltd has informed BSE regarding "Schedule of Investor Meeting". Axis Bank mulls flexi roles, timings
Inspired by start-ups, lender to have cross-functional roles Allotment of Equity Shares under ESOP
AXIS Bank Ltd has informed BSE that the Bank has allotted 4,50,250 equity shares of Rs. 2/- each on March 08, 2016, pursuant to exercise of options under its ESOP Scheme.The paid up shore capital of the Bank will accordingly increase from Rs. 476,25,06,042 (238,12,53,021 equity shares of Rs. 2/- each) to Rs. 476,34,06,542 (238,17,03,271 equity shares of Rs. 2/- each). Re-appointment of Non Executive Chairman
AXIS Bank Ltd has informed BSE that the term of Dr. Sanjiv Misra, Nominee of SUUTI as the Non-Executive Chairman of the Bank has expired, with effect from the close of business hours on March 07, 2016, upon completion of tenure of 3 continuous years, as approved by the Reserve Bank of India (RBI) under Section 10 B (1A) (i) of the Banking Regulation Act, 1949.... Axis Bank plans to increase headcount by 10% in FY17
In 2014-15, the number of employees fell, even as the bank increased the number of branches from 2,402 to 2,589