Axis Finance appoints Sai Giridhar as the MD & CEO
Sep 25, 2024, at 07:05 am
Kolkata: Axis Bank’s NBFC arm Axis Finance Limited (AFL) has appointed Sai Giridhar as the Managing Director & CEO ‘designate’, subject to regulatory approvals, a press release said on Tuesday.
Axis Bank launches 'neo for merchants' app in partnership with VISA and Mintoak
Aug 29, 2024, at 06:25 am
Kolkata: Private sector lender Axis Bank announced the launch of a comprehensive app, neo for merchants, in partnership with VISA and Mintoak.
Deposit mobilisation not a challenge for bank, says SBI chairman Dinesh Khara
Aug 24, 2024, at 11:01 pm
Mumbai/IBNS: Dinesh Kumar Khara, the chairman of India's largest public sector bank State Bank of India (SBI), on Friday (August 23) said that he does not foresee any challenges for the bank in deposit mobilisation, despite the intensified competition among banks to attract deposits by raising short-term deposit rates.
Axis Bank facilitates seamless GST payments for its commercial card clients
Aug 08, 2024, at 06:36 am
Kolkata: Axis Bank today announced its successful integration with the Goods and Service Tax portal, thereby allowing its Commercial Card Corporate customers to make GST payments seamlessly.
Axis Bank Q1FY25: Net profit grows to Rs 6,035 cr; NII grows 12%
Jul 25, 2024, at 01:11 am
Mumbai: Axis Bank reported a net profit of Rs 6,035 crore for the first quarter of FY25, an increase from Rs 3,452 crore in the same quarter of the previous year, surpassing market expectations.
Axis Bank Q4FY24: Net profit at Rs 7,130 crore; NII grows 11% to Rs 13,089 cr
Apr 25, 2024, at 03:15 am
Mumbai: Axis Bank posted a net profit of Rs 7,130 crore in the fourth fiscal quarter, a significant turnaround from the Rs 5,762 crore loss in the same period last year following its acquisition of Citi Bank's India consumer division.
HDFC Bank and Yes Bank file third-party application provider request for Paytm UPI business
Feb 24, 2024, at 08:00 am
Mumbai: One97 Communications, the operator of the Paytm brand, along with private sector banks HDFC Bank and Yes Bank jointly submitted an application to become a third-party application provider (TPAP) for the Unified Payments Interface (UPI) mobile payments platform under the National Payments Corporation of India (NPCI).
Paytm transfers nodal account to Paytm Payments Bank to Axis Bank
Feb 17, 2024, at 03:32 am
Mumbai: One97 Communications, the parent company of Paytm, has transferred its nodal account from Paytm Payments Bank to Axis Bank.
Axis Bank net profit rises 4% YoY to Rs 6,071 cr in Q3FY24
Jan 24, 2024, at 06:31 am
New Delhi/UNI: Private sector lender Axis Bank on Tuesday reported a 4% year-on-year rise in profit at Rs 6,071 crores for the October-December quarter (Q3) of the current financial year 2023-24.
Axis Bank reports Rs 5,864 cr Q2FY24 net profit, up 10% YoY; NII grows 19%
Oct 26, 2023, at 05:16 am
Mumbai: Private sector lender Axis Bank on Wednesday reported a net profit of Rs 5,864 crore for the July-September FY24 quarter, a 10 percent increase from Rs 5,330 crore recorded a year ago.
Aug 19, 2023, at 08:02 am
Mumbai: The Competition Commission of India (CCI) has imposed a penalty of Rs 40 lakh on Axis Bank for its failure to inform the regulator about its acquisition of a stake in CSC e-Governance, media reports said.
Axis Bank partners with RBI Innovation Hub to launch Kisan Credit cards and MSME loans
Aug 19, 2023, at 03:36 am
Kolkata: Axis Bank on Thursday announced the launch of two lending products powered by the Public Tech Platform for Frictionless Credit (PTPFC), introduced by the Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of the RBI.
Flipkart partners with Axis Bank to facilitate personal loans for customers
Jul 08, 2023, at 02:56 am
Bengaluru: E-commerce marketplace Flipkart has entered into a strategic partnership with private sector lender Axis Bank to facilitate personal loans for its valued customers, adding additional convenience and enhanced benefits to its 450 million customers.
Axis Bank enables RuPay Credit Card support on UPI
May 10, 2023, at 08:42 am
Mumbai: India’s third largest private sector lender Axis Bank on Monday announced that it has successfully enabled RuPay Credit Card support on UPI.
Axis Bank completes Citibank India's consumer business buyout for Rs 11,600 cr
Mar 02, 2023, at 05:23 pm
Mumbai/IBNS: Axis Bank, India's fourth largest private sector bank, has acquired Citibank India's consumer business at Rs 11,603 crore.
Axis Bank enables settlement of cross border transactions in real-time through UPI network
Feb 21, 2023, at 10:52 pm
New Delhi: Private bank lender Axis Bank on Tuesday said it has successfully enabled cross-border transactions in real-time via the UPI Network.
Axis Bank launches an enhanced Rewards Redemption Program with 13 loyalty program partners
Feb 06, 2023, at 10:54 pm
Mumbai: Private sector lender Axis Bank announces the launch of its enhanced rewards program in association with airline and hotel loyalty programs across the industry.
Dec 21, 2022, at 01:38 am
Axis Bank is a private-sector bank in India. It was founded in 1993 as UTI Bank and was later renamed Axis Bank in 2007. The bank was established with the goal of providing specialized financial services in the areas of investment banking, corporate banking, and retail banking.
Dec 14, 2022, at 08:48 pm
Kolkata: Axis Bank, in line with its ‘DilSeOpen’ philosophy partners with Tata AIG, to offer Group Medicare products for its new customers from the LGBTQIA+ Community.
Dec 13, 2022, at 11:31 pm
Kolkata: Private sector bank Axis Bank has rolled out Splash - a Pan-India competition on Arts, Craft and Literature for children between the age group of 7-14 years.
Axis Mutual Fund launches ‘Axis Long Duration Fund’
Dec 06, 2022, at 11:01 pm
New Delhi: Axis Mutual Fund, one among the fastest growing fund houses in India, announced the launch of their New Fund Offer – Axis Long Duration Fund.
Axis Bank and Flipkart partner to launch ‘Flipkart Axis Bank Super Elite’ Credit Card
Nov 22, 2022, at 10:49 pm
Kolkata: Axis Bank, India’s third largest private sector bank, and Flipkart, India’s homegrown e-commerce marketplace have partnered to launch the ‘Super Elite Credit Card’.
Axis Bank: Govt to offload SUUTI's 1.55 pc stake on November 10-11
Nov 10, 2022, at 05:34 pm
The government has decided to sell the 1.55 percent stake in Axis Bank held by SUUTI or the Specified Undertaking of The Unit Trust of India on exchanges, according to media reports.
Sensex rallied to 659.31 pts higher, and Nifty rose by 174.36 pts
Sep 08, 2022, at 11:51 pm
Mumbai/IBNS: The BSE Sensex on Thursday surged 659.31 points to close at 59,688.22 on the strength of bankex, technology, IT, and finance stocks amid strong global cues.
Axis Bank and PayNearby partner to launch bank accounts for last mile users at a nearby store
Sep 08, 2022, at 12:19 am
Axis Bank, India’s third largest private sector lender, has partnered with PayNearby, the country's largest branchless banking and digital service network, to offer the seamless opening of savings and current bank accounts for both last-mile retailers and customers, a joint press release by the companies said.
Axis AMC extends its WhatsApp services to 27 key facilities
Aug 23, 2022, at 03:26 am
Mumbai: Axis Asset Management (Axis AMC) has extended its WhatsApp services to enable investors access to 27 key facilities.
Axis Bank signs MOU with Indian Coast Guard
Aug 17, 2022, at 11:28 pm
Mumbai: Axis Bank, India’s third largest private sector bank, reinforced its commitment to the Defence sector by signing an MOU with the Indian Coast Guard, offering a defence service salary package with best-in-class benefits and features under its ‘’Power Salute’’ initiative.
Axis Bank signs MOU with Food Corporation of India
Aug 12, 2022, at 11:30 pm
Kolkata: Axis Bank, India’s third largest private sector bank, has signed an MOU with Food Corporation of India (FCI) to provide “Ultima Salary package”, a best in class salary account with exclusive benefits & features to all its employees.
Axis Bank launches one-stop cash management proposition to automate receivables
Aug 09, 2022, at 11:51 pm
Kolkata: Axis Bank said it has become the first Indian bank to launch Axis Receivables Suite (ARS) - an innovative Cash Management proposition that simplifies receivables reconciliation, accelerates cash flow, enhances client experience and reduces cost of doing business.
Axis Bank partners with EazyDiner to launch Dining Delights, a premium dining experience
Jun 29, 2022, at 11:52 pm
New Delhi: Axis Bank, a private sector bank, in partnership with EazyDiner, leading table reservation, food discovery and restaurant payment platform, has announced the launch of Dining Delights, a unique and enriching dining experience for the Bank’s customers.