Axis Bank to Hike ATM Transaction Fees from July 2025 Jun 02, 2025
Axis Bank has announced a hike in ATM transaction fees for Savings, NRI, and Trust account holders, effective July 1, 2025. The fee for transactions exceeding the free limit will increase from ₹21 to ₹23, a 9.52% rise. This change affects all account types, including Priority and Burgundy segments not meeting specific Total Relationship Value criteria. Customers are advised to review their ATM usage, explore alternative transaction methods, and consider maintaining higher account balances for potential fee waivers.
Axis Bank Revamps REWARDS Credit Card: New Terms Set for 2025 May 23, 2025
Axis Bank Announces Leadership Changes: Deputy MD Rajiv Anand to Retire in 2025 Apr 25, 2025
Axis Bank Reports Q4 Results: Net Profit at ₹7,118 Crore, Recommends Dividend Apr 24, 2025
More news about Axis Bank
23Apr 25
Axis Bank Q4 FY2024 Preview: Net Interest Income Growth Expected Amid Profit Decline
Axis Bank's Q4 FY2024 results are anticipated to show a 5% YoY increase in Net Interest Income, but a 3% YoY decline in Profit After Tax. Loan growth is forecasted at 8% YoY, with stable asset quality. Q3 FY2024 saw a net profit of Rs 6,778.90 crore, down 8.83% QoQ. Year-to-date performance shows strong growth with total revenue up 30.43% and net profit up 143.47% YoY. The bank recently allotted 99,812 equity shares under its ESOP/RSU Scheme.
22Apr 25
Axis Bank Sets Date for Q4 Results, Mulls Dividend and Fundraising Options
Axis Bank will announce Q4 and FY25 results on April 24, 2025. The board meeting on the same day will consider a final dividend declaration and explore fundraising options through equity and debt instruments. An earnings call is scheduled for 6:20 PM. The trading window will be closed from April 1 to April 26, 2025.
21Apr 25
Axis Bank Shares: Major Block Trade Worth Rs 112.43 Crore on NSE
A significant block trade of Axis Bank shares occurred on the NSE, involving 917,059 shares valued at Rs 112.43 crore, with an average price of Rs 1,226.00 per share. The bank has also announced its upcoming earnings call for April 24, 2025, to discuss the financial results for the quarter and year ended March 31, 2025.
21Apr 25
Axis Bank Sees Large Block Trade; Announces Q4 FY25 Earnings Call
Axis Bank witnessed a significant block trade of 165,802 shares at Rs. 1235.00 per share, totaling Rs. 20.48 crores on NSE. The bank also announced its Q4 FY25 earnings call scheduled for April 24, 2025, at 18:20 IST, where senior management will discuss financial results with analysts and investors.
17Apr 25
Fitch Reaffirms Axis Bank's 'BB+' Rating with Stable Outlook
Fitch Ratings has reaffirmed Axis Bank's long-term issuer default rating at 'BB+' with a stable outlook. The rating, within the speculative grade category, indicates a moderate risk profile and the bank's capacity to meet financial commitments despite ongoing uncertainties. The stable outlook suggests no significant changes are expected in the bank's credit profile in the near term, reflecting a balance between strengths and challenges in the current economic environment.
15Apr 25
Axis Bank Slashes Savings Account Interest Rates to 2.75%, Effective April 2025
Axis Bank has announced a reduction in savings account interest rates, effective April 15, 2025. The new rates show a 25 basis points cut across various balance tiers. For balances below ₹50 lakh, the rate is now 2.75%. Balances between ₹50 lakh and ₹2,000 crore will earn 3.25%. Deposits of ₹2,000 crore and above will earn MIBOR + 0.70%. This decision aligns with the RBI's recent repo rate cut and follows a broader trend in the banking sector.
20Mar 25
Axis Bank Revamps Vistara Credit Card Benefits Following Air India Merger
Axis Bank announces significant changes to its Vistara Credit Card, effective April 18, 2025, in response to Vistara's merger with Air India. Key changes include waiving the annual fee, discontinuing complimentary Maharaja Club tier memberships and ticket vouchers. The card will retain Maharaja points earning, lounge access, and dining offers. This restructuring reflects the impact of the Air India-Vistara merger on associated financial products.
06Mar 25
Axis Bank Shares See Significant Block Trade Worth Rs. 35.33 Crores
A significant block trade of Axis Bank Ltd. shares occurred on the National Stock Exchange. 342,131 shares were traded at Rs. 1,032.60 per share, totaling Rs. 35.33 crores. This large transaction highlights substantial investor interest in the private sector lender, potentially influencing short-term price movements and signaling shifts in institutional holdings.
25Feb 25
Axis Bank Explores $1 Billion Stake Sale in Axis Finance Subsidiary
Axis Bank is reportedly considering selling a stake in its subsidiary, Axis Finance, at a $1 billion valuation. This potential move could help Axis Bank raise capital and focus on core banking operations. Axis Finance is a wholly-owned subsidiary offering non-banking financial services. The bank has scheduled an analysts and institutional investors meet for March 4, 2025, in Mumbai, which may provide more insights into the bank's strategy.
21Feb 25
Axis Bank Shares in Focus: Major Block Trade Worth Rs. 128.87 Crores Executed
A significant block trade of approximately 1,264,573 Axis Bank Ltd. shares was executed on the National Stock Exchange (NSE) at Rs. 1019.10 per share, totaling Rs. 128.87 crores. This large transaction could indicate shifts in institutional holdings or strategic moves by major investors, potentially impacting market sentiment towards the banking sector giant. The trade demonstrates strong liquidity in Axis Bank's stock and may serve as a benchmark for near-term price expectations.