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Axis Bank to close British subsidiary, focus on Indian business
Updated : 8 months ago IST
Mumbai (Maharashtra) [India], July 3 (ANI): Private sector lender Axis Bank is fully winding down and closing operations of its subsidiary in Britain as it focuses on the Indian banking sector.
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Axis Bank to raise up to Rs 15,000 crore
Updated : 8 months ago IST
Mumbai (Maharashtra) [India], July 2 (ANI): The board of directors at private sector lender Axis Bank on Thursday approved a proposal relating to raising of funds up to Rs 15,000 crore to beef up capital buffers.
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Fitch revises outlook on 9 Indian banks' IDRs to negative
Updated : 8 months, 1 week ago IST
Singapore, June 22 (ANI): Fitch Ratings has revised the outlook to negative from stable on long-term issuer default ratings (IDRs) of nine India-based banks while affirming their IDRs, support ratings and support rating floors.
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Equities close in the green after volatile session
Updated : 8 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): Value buying was witnessed in banking and financial stocks as equity indices closed in the green after a volatile session on Monday while the economy emerges from COVID-19 lockdown.
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Equity indices dip ahead of Q4 GDP data, Axis Bank slips 2.8 pc
Updated : 9 months, 1 week ago IST
Mumbai (Maharashtra) [India], May 29 (ANI): Equity benchmark indices were on a low swing during early hours on Friday ahead of the release of GDP data for January to March quarter (Q4 FY20).
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Equity indices in red after RBI rate cut, banking stocks down as l
Updated : 9 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices closed lower on Friday due to underperformance by banking and financial stocks as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points to inject liquidity and extended the l
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Equity indices tumble by 1 pc on RBI rate cut, banking stocks suff
Updated : 9 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], May 22 (ANI): Equity benchmark indices fell by 1 per cent during the afternoon on Friday as the Reserve Bank of India forecast contraction in H1 FY21 GDP growth, cut repo rate by 40 basis points and extended the loan repayment moratorium for another three months
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Cyril Amarchand Mangaldas advises Axis Bank on acquisition of up t
Updated : 9 months, 2 weeks ago IST
Mumbai (Maharashtra)/New Delhi [India] May 19 (ANI/NewsVoir): Cyril Amarchand Mangaldas advised Axis Bank Limited (Axis Bank) on acquisition of up to 30 per cent stake in Max Life Insurance Company Limited (Max Life) from Max Financial Services Limited (Max Financial) by way of a secondary t
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Equity indices close 2 pc higher after announcement of Rs 20 lakh
Updated : 9 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], May 13 (ANI): Equity benchmark indices closed over two per cent higher on Wednesday as Union Finance Minister Nirmala Sitharaman readied to unveil details of the Rs 20 lakh crore economic stimulus package.
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Fitch affirms Axis Bank's IDR at BB-plus with stable outlook, down
Updated : 10 months ago IST
Singapore, May 2 (ANI): Fitch has affirmed Axis Bank's long-term issuer default rating (IDR) at BB-plus with a stable outlook but downgraded the bank's viability rating (VR) by one notch to bb from bb-plus.
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Axis Bank posts Q4 loss at Rs 1,388 crore as provisions nearly tre
Updated : 10 months, 1 week ago IST
Mumbai (Maharashtra) [India], April 28 (ANI): Private sector lender Axis Bank on Tuesday reported a loss of Rs 1,388 crore for the quarter ended March (Q4 FY20) compared to a profit of Rs 1,505 crore in the corresponding period of last year (Q4 FY19).
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Sensex moves up 371 points in volatile session, IndusInd Bank jump
Updated : 10 months, 1 week ago IST
Mumbai (Maharashtra) [India], April 28 (ANI): Equity benchmark indices closed over one per cent higher on Tuesday with a dramatic spurt in private banks.
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