Wed, Jan 24, 2024
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Axis Bank shares faced a steep decline on Wednesday, falling over 6% due to worries about potential increase in funding costs, a likely drop in net interest margin (NIM), and ongoing challenges with deposit growth. These concerns cast doubt on the bank's ambitious loan growth targets for FY24 and FY25.
Axis Bank Q3 results: Axis Bank's net interest margin (NIM), a key measure of profitability for lenders, came in at 4.01 per cent for the quarter ended December, as against 4.11 per cent for the July-September period.
Tue, May 21, 2019
The ISIC is a UNESCO endorsed student identity card that is recognised by over 125+ countries
Mon, May 20, 2019
Data compiled by Motilal Oswal reveals that private banks have been increasing their focus on improving branch productivity.
Thu, May 16, 2019
National Electronic Funds Transfer or NEFT is a method of transferring funds between two parties that does not happen in real time.
Fri, May 03, 2019
Watch this video for an exclusive conversation with Amitabh Chaudhry, CEO of Axis Bank.
Thu, May 02, 2019
On Tuesday, the benchmark Sensex finished at 39,031.55 down by 0.09% or 35.78 points. While NSE ended lower by 0.06% or 6.50 points at 11,748.15.
Mon, Apr 29, 2019
Stock market experts prefer Maruti Suzuki shares to buy over Axis Bank and HDFC Bank as auto company's fundamentals are still strong post-weak quarterly results.
Sat, Apr 27, 2019
Axis Bank has revised certain charges which will come into effect from June 1.
Among major key highlights of Axis Bank result was that, loan and deposit book grew consistently, while improvement was witnessed in asset quality which led to bag a profit compared to losses recorded a year ago same period.
Fri, Apr 26, 2019
The BSE Sensex soared 336 points and regained the psychological 39,000 levels after closing at 39,067 levels. The 50-stock Nifty closed at 11,754 logging 1112 points gain.
Domestic stocks market closed in a red on Thursday, April 25, 2019, but there were certain stocks that came in news after the market was closed for trading.
Axis Bank shares are bullish from both fundamental and technical perspective and its quarterly results have further fuelled the bulls' sentiments on Dalal Street.
Thu, Apr 25, 2019
Major drops were seen in provisions and gross non-performing assets (GNPA) of Axis Bank in Q4FY19.
It bagged a net profit of Rs 1,505.06 crore compared net loss of Rs 2,188.74 crore posted a year ago same period.
Investors were trading on a cautious note in this bank on Dalal Street. It will announce their March 2019 quarter (Q4FY19) result anytime today.
Wed, Apr 24, 2019
Stellar earnings, stable asset quality and strong loan book, does make HDFC Bank an appealing stock. But should we buy this bank's shares? Find out!
Tue, Apr 23, 2019
Bank Minimum Balance Rules: Customers need to maintain an average minimum monthly balance to keep their savings bank account active.
Sun, Apr 21, 2019
Stock market sentiment this week would be largely guided by the ongoing fourth quarter results season, with a host of front-line companies slated to come out with their financial report cards, say analysts.
Thu, Apr 18, 2019
NPS account can be opened at various banks. NPS not only make a subscriber rich during retirement but also shields the future post work life.
Mon, Apr 15, 2019
With technology penetrating every walk of life, banks are trying to improve customer services with new modes of the cash transactions, which are convenient and secure.
Fri, Apr 12, 2019
The BIAL, owned by Fairfax which holds more than 50% stake, has raised the fund from through loans from State Bank of India and Axis Bank.
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