Journalism of Courage
Axis Bank
AXIS BANK NEWS
Why Axis Bank could be the next value play on the Indian stock market
October 27, 2025 2:50 pm
Axis Bank stock is nearing its 52-week high as the Q2 FY26 earnings hint recovery. Its 5-year-long restructuring has helped it clean up its balance sheet and improve asset quality. Is the bank set to turn a new leaf next year?
ED arrests ex-Axis fund manager in Rs 200-crore front-running case
August 04, 2025 5:27 am
Front-running refers to an illegal practice in the securities market in which brokers or traders execute orders for their own benefit using advance knowledge of pending client orders
Odisha curbs on HDFC, ICICI and Axis Bank: Pvt lenders under scanner for poor show in govt schemes
June 26, 2025 6:47 am
According to a letter issued by Saswata Mishra, Principal Secretary of the Finance Department, Odisha government, the decision was driven by the banks' "consistently poor performance" in key flagship schemes over the past two financial years, along with "generally unsatisfactory banking parameters".
Gujarat: Bank manager arrested for Rs 2.5 crore fraud
January 21, 2025 7:06 am
To cover his tracks, Patel allegedly made his employees make false entries and diverted the money by misusing the OTP sent by Axis Bank for the RTGS transactions.
RBI slaps Rs 2.91 crore penalty on Axis Bank, HDFC Bank for not complying with directives
September 10, 2024 7:12 pm
A penalty of Rs 1 crore has been imposed on HDFC Bank for non-compliance with certain directions on 'interest rate on deposits', 'recovery agents engaged by banks' and 'customer service in banks', the press release said.
Axis Bank misses Q1 profit view on higher provisions, shrinking margins
July 24, 2024 8:28 pm
Axis Bank's gross non-performing assets ratio, a key gauge of lenders' asset quality, rose to 1.54% at the end of June from 1.43% in the previous quarter, indicating deterioration.
Axis Bank approves reappointment of Amitabh Chaudhry as CEO for three years
April 25, 2024 1:53 pm
This will be his second extension of three years. His last extension came into effect from January 1, 2022. Chaudhry joined the bank as MD and CEO in 2019. Prior to that he was MD and CEO of HDFC Life.
Axis Bank shares advance over 5% post Q4 results
April 25, 2024 11:10 am
The stock advanced 5.19 per cent to Rs 1,119 on the BSE. At the NSE, it climbed 5.29 per cent to Rs 1,119.50 apiece.
Axis Bank introduces digital opening of US dollar fixed deposit at Gujarat’s GIFT City
March 26, 2024 11:58 am
NRI customers of the bank can now open US dollar fixed deposits at GIFT City through 'Open by Axis Bank'; the mobile banking application of the lender, it said.
Sensex, Nifty jump nearly 1% on gain in IT, banking shares; rally for 3rd day on the trot
November 06, 2023 4:26 pm
The 30-share BSE Sensex jumped 594.91 points or 0.92 per cent to settle at 64,958.69. During the day, it rallied 628.76 points or 0.97 per cent to 64,992.54.
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