Axis Max Life CEO on Reverse Merger With Max Financial
Axis Bank plans to hike its stake in Max Life ahead of a reverse merger with Max Financial Services, according to CEO Sumit Madan. The...
Tag : Axis Bank
Mid-Day Mood: Nifty and Sensex Recover from Lows as Realty and Metal Stocks Shine
After a slow start, Nifty and Sensex gained ground on August 12, fueled by a strong rally in metal and realty stocks. The markets overcame...
Nifty Bank Falls 1% as Axis Bank Shares Plummet After Weak Q1 Results
The Nifty Bank index plunged by 1.47% to 50,559 points on 25 July, marking its third consecutive day of losses. The decline was mainly due...
Axis Bank Shares Tank 6% as Q1 Earnings Failed to Impress Investors
Shares of Axis Bank Ltd were trading in the red and 6% lower on 25 July after the company announced its quarterly earnings for the...
Axis Bank Swings Into Profit with Strong Q4 Earnings; Declares Interim Dividend
The private sector lender, Axis Bank, on 24 April announced its quarterly earnings for January-March along with Interim dividend. The bank reported a net profit of Rs 7,130...
Paytm Shares Gained 4.5% on NPCL’s Approval To Create New VPAs with Axis, HDFC, SBI, and Yes Bank
Shares of One 97 Communications Limited (OCL), which owns the Paytm brand, rose by 4.5% today, as the company received approval from the National Payment...
Paytm Shares Locked at 5% Upper Circuit Over RBI’s Deadline Extension, Axis Bank Partnership
Shares of One 97 Communications Ltd, the parent company of Paytm, were locked at a 5% upper circuit for the second straight day after the...
HDFC Bank gets RBI Approval to Acquire up to 9.5% Stake in 6 Indian Banks
The Reserve Bank of India (RBI) on February 5, 2024, approved HDFC Bank’s proposal to acquire an “aggregate holding” of up to a 9.5% stake...
Axis Bank Shares Slump 1% as 3.1 Crore Shares Change Hands Via Block Deal
Shares of Axis Bank were trading 1% lower on 12 December after 3.1 crore shares of the bank changed hands on the exchange via a...
Shares of Bank and NBFC Tumbles as RBI Tighten Norms on Personal Loans
Shares of banks and NBFCs (non-banking finance companies) slumped up to 7% on 17 November after the Reserve Bank of India (RBI) tightened the norms...