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1 min read

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   


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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   


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6 mins read

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…

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7 mins read

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…

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2 mins read

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…

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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   


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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   


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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…

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3 mins read

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…

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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…

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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   


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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…

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4 mins read

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…

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2 mins read

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) …

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3 mins read

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…

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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…

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3 mins read

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…

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1 min read

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   


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4 mins read

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…

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2 mins read

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…

PTI