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Axis Bank
Axis Bank was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI - I), Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) and other four PSU insurance companie.
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Contact Details
The Corporate Office:Axis Bank
Axis Bank Limited, Corporate Office
Bombay Dyeing Mills Compound, Pandurang Budhkar Ma
Mumbai , MH, 400025
Phone : +91-22-24252525
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Axis Bank posts standalone net loss of Rs 112 crore in Q2 on one-time tax impact
Posted on 22nd October 2019
Axis Bank on Tuesday reported a net loss of Rs 112.08 crore on a standalone basis for the second quarter ended September of the current fiscal due to a one-time tax impact.

The private sector bank had posted a net profit of Rs 789.61 crore in the corresponding July-September quarter of the previous fiscal. Read More

Axis Bank to report Q2 results today. Here's what leading brokerages expect
Posted on 21st October 2019
Subdued loan growth and flat net interest margin (NIM) could dull the September quarter earnings of Axis Bank, which is slated to report its September quarter earnings for the financial year 2019-20 (Q2FY20) on Monday, October 21.

Analysts, however, seem to be divided on the growth in net profit due to ambiguity over whether the bank would provide a one-time mark-down in its deferred tax asset (DTA) or would the mark-down be spread evenly over the financial year. Read More

Axis Bank fixes floor price for QIP issue at Rs 661.50 per equity share
Posted on 20th September 2019
Private lender Axis Bank on Thursday fixed the floor price for its qualified institutional placement (QIP) issue at at Rs 661.50 per equity share. The private lender has said that the board will meet again on September 25 to approve QIP issue to investors.

The bank, in an exchange filing, has also said that a discount of 5 per cent can be offered on the base price at the discretion of the board. Read More

Axis Bank reports a 95% jump in Q1 net profit
Posted on 31st July 2019
Axis Bank’s net profit jumped 95% year-on-year (y-o-y) to Rs 1,370.08 crore for the April-June period against Rs 701.09 crore in the corresponding quarter last year.

The private lender witnessed a 13.1% y-o-y rise in net interest income (NII) at Rs 5,844 crore. NII is the difference between interest earned and interest paid by a bank. The private lender’s shares fell 2.58% intraday, before settling at Rs 706.55 per share, down 1.82%. Read More

Axis Bank's June quarter profit seen at ₹1,855 crore
Posted on 30th July 2019
Mumbai: Private-sector lender Axis Bank is expected to report a net profit of ₹1,855 crore for the June quarter of FY20 compared with a net profit of ₹701.09 crore in the year-ago period, according to a consensus estimate of 23 analysts polled by Bloomberg. Read More
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