AXIS BANK LTD.
Retail credit growth still strong, strong retail deposits share. At 22.2% yoy, credit growth was driven by retail (26.2% yoy) and farm (32.7% yoy) segments. While deposits grew 14.8% yoy, CASA (low-cost deposits) grew 14.2% yoy. CASA share in deposits rose 166bps qoq (down 23bps yoy) to 44.8%. Also, the retail liability base improved further, with the share of retail...
More room for base rate cut in the next few months: Axis Bank
At present, Axis Bank's base rate is 9.85% Axis Bank mobile app tops other banks: Forrester
The mobile application of Axis Bank, the country's third largest private sector lender, has fared better than other mobile banking applications, says a Forrester report. The applications were rated on the basis of range of touch points, enrolment ... Axis Bank eyes 50,000 NFC-powered POS machines by 2015-end
NFC enabled POS machines will help users pay at shops without going through the tedious process of swiping and entering a PIN
Dharmesh Mehta elevated as chief of Axis Capital
Mehta replaces Nilesh Shah who quit in January Axis Bank launches contactless cards
Axis Bank-country's third largest private sector lender-has launched contactless debit, credit and multi-currency forex cards. Axis Capital Markets India
Axis Capital Markets India has informed the exchanges that on August 6 it executed a deed of settlement with Axis Capital Ltd, a subsidiary of Axis Bank Ltd. As per the terms of settlement,... There is a lot of money waiting to come into the markets: Chandresh Nigam
Interview with managing director & chief executive officer, Axis Mutual Fund Axis Bank signs $200 mn bilateral loan with Asian Development Bank
Loan to be utilized for extending affordable agriculture credit to farmers