Buy Axis Bank; target of Rs 975: Prabhudas Lilladher
Prabhudas Lilladher is bullish on Axis Bank has recommended buy rating on the stock with a target price of Rs 975 in its research report dated March 31, 2022.31-03-2022
31-03-2022
Conference Call: Axis Bank acquires Citibank India's consumer business
Conference Call with Axis Bank Management and Analysts on its acquisition of Citibank India's consumer business. Listen to the full transcript.30-03-2022
Axis Bank to acquire Citi's India consumer businesses
The bank will pay a consideration of up to 12,325 crore30-03-2022
AXIS BANK LTD. - 532215 - Clarification On News Item Appearing In 'Economictimes.Indiatimes.Com"
This has reference to your email of today, seeking clarification on the news item appearing in the "economictimes.indiatimes.com" dated March 30, 2022 captioned 'Axis Bank has acquired Citi India''s retail assets'. In this connection, kindly note that the Board of Directors of the Bank at its meeting held on March 30, 2022 has approved the purchase of the Citibank's India Consumer Business from Citibank N.A. (acting through its branch in India) ('CBNA') and the NBFC Consumer Business from Citicorp Finance (India) Limited ('CFIL'), as going concerns, without values being assigned to individual assets and liabilities to either business, subject to fulfilment of specific conditions and obtaining requisite approvals. Axis Bank has executed, inter alia, business transfer agreements with CBNA ('CBNA BTA') and CFIL ('CFIL BTA') on March 30, 2022.30-03-2022
AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Acquisition
Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform that, the board of directors of Axis Bank Limited (Axis Bank) at their meeting held today i.e. March 30, 2022 have approved the purchase of the Citibank's India Consumer Business from Citibank N.A. (acting through its branch in India) ('CBNA') and the NBFC Consumer Business from Citicorp Finance (India) Limited ('CFIL'), as going concerns, without values being assigned to individual assets and liabilities to either business, subject to fulfilment of specific conditions and obtaining requisite approvals. Axis Bank has executed, inter alia, business transfer agreements with CBNA ('CBNA BTA') and CFIL ('CFIL BTA') on March 30, 2022.30-03-2022
AXIS BANK LTD. - 532215 - Clarification sought from AXIS Bank Ltd
The Exchange has sought clarification from AXIS Bank Ltd on March 30, 2022, with reference to news appeared in https://economictimes.indiatimes.com/ dated March 30, 2022 quoting "Axis Bank to acquire Citi IndiaaEUR(tm)s retail assets for $2 billion "The reply is awaited.30-03-2022
AXIS BANK LTD. - 532215 - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
This is to inform you that Axis Bank Limited ('Axis Bank' or 'Bank') has signed an agreement on March 28, 2022 for investment in India Debt Resolution Company Limited. The details as required under the Listing Regulations are provided in Annexure A.29-03-2022
AXIS BANK LTD. - 532215 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
We are pleased to inform that the Bank has allotted 54,092 equity shares of Rs. 2/- each of the Bank on March 28, 2022, pursuant to exercise of stock options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 613,93,87,488/- (306,96,93,744 equity shares of Rs. 2/- each) to Rs. 613,94,95,672/- (306,97,47,836 equity shares of Rs. 2/- each). You are requested to take the above on record.28-03-2022
Credit card issuances, spends see growth over last year in February
Axis Bank was the largest issuer while HDFC remained the market leader28-03-2022
Banking system credit seen growing at 9% in FY23: Axis Bank
Pick up attributed to demand for working capital and improving corporate credit outlook28-03-2022