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Axis Bank stock tumbles over 5% post Q1 earnings; market valuation erodes by Rs 19,816.9 cr
On the NSE, it slumped 5.08 per cent to settle at Rs 1,176.25. The stock emerged as the biggest lag…
PTI
Axis Bank Q2 net profit rises 10 pc to Rs 5,863 crore
Private sector lender Axis Bank on Wednesday reported a 10 per cent rise in net profit at Rs 5,863 …
PTI
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans
Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…
Axis Bank Q3 net profit rises to ₹6,071 crore
rivate sector Axis Bank on Tuesday reported a 4 per cent rise in standalone net profit at Rs 6,071 …
PTI
RBI slaps fines on Axis Bank, Manappuram Finance
The Reserve Bank on Thursday imposed a monetary penalty of Rs 90.92 lakh on Axis Bank and Rs 42.78 …
PTI
Axis Bank Q3 net profit grows 62% YoY to ₹5,853 crore, beats expectations even as provisions and slippages rise
Axis Bank on Monday reported a standalone net profit of ₹5,853 crore in Q3, registering a growth of…
Yes Bank stock slips 5% as high provisions drag down its Q4 net profit
Shares of private sector lender Yes Bank slumped nearly 5% on Monday. The bank reported a huge 45…
Axis Bank’s net profit grows 70% to ₹5,330 crore in Q2
Axis Bank, one of the leading private banks in the country, beat analyst expectations to report a 3…
Markets rebound sharply on buying in bank stocks firm global trends
Benchmark BSE Sensex rebounded sharply by 941 points while NSE Nifty closed above the 22,600 lev…
PTI
Axis Bank beats street estimates on net profit, business growth disappoints
Axis Bank, the third largest private sector bank, on Monday reported a net profit of Rs 4,125 crore…
Sensex, Nifty50 marginally up amid volatility – IT, auto and FMCG indices among top gainers
India's benchmark indices Sensex and Nifty50 are likely to open in the green on Tuesday amid positi…
Axis Bank has set aside over $900 million fearing COVID-19 may sour loans
This is over and above the money that is needed to be set aside for non-performing assets (NPA) …
Shares of Axis Bank slipped over 4% today, but analysts expect stock to surge up to 40% from here
The bank posted a 54% year-on-year rise in net profit at ₹4,118 crore compared to ₹2,677 crore i…
The fall in ICICI Bank shares reflects the market’s dislike of banking stocks this week
ICICI Bank’s share price fell by over 4% in early morning trade on Monday. This comes after the ban…
Here’s why Axis Bank’s quarterly profit tripled in the last three months
Axis Bank, one of the largest private banks in the country, has more than tripled its profit in the…
Axis Bank posts highest ever quarterly net profit that grew 86% on year
Total standalone income during July-September 2021-22 rose to Rs 20,134.39 crore, from Rs 19,55…
PTI
SBI to ICICI — five banks among top 10 public Indian companies in the Forbes Global 2000 list
Four banks and a finance company made it to the top ten Indian firms in the Forbes Global 2000 list…
Axis Bank more than doubles loan provisions for troubled sectors
The move, which is being followed at least since April, comes amid continuing concerns on high quan…