Axis Bank
1,330.60
-8.10(-0.61%)
Market Cap₹4,13,083.24 Cr
PE Ratio15.74
IndustryBanks
Company Performance:
1D-0.61%
1M+5.03%
6M+24.52%
1Y+31.05%
5Y+78.87%
View Company Insightsright
More news about Axis Bank
27Jan 26
Axis Bank Re-appoints Subrat Mohanty as Executive Director, Names New Chief Credit Officer
Axis Bank Limited's board has re-appointed Subrat Mohanty as Whole-Time Director (Executive Director) for three years from August 17, 2026 to August 16, 2029, subject to RBI and shareholder approvals. The 49-year-old executive, who joined the bank in October 2020, leads multiple key functions including operations, IT, digital banking, and strategy. Additionally, Sudipto Nag will replace retiring Chief Credit Officer Prashant Joshi from July 1, 2026, bringing 24 years of financial services experience and expertise in credit risk management and portfolio strategy.
 no imag found
27Jan 26
Axis Bank Forecasts Deposit Growth to Align with Credit Growth Over Next 15-18 Months
Axis Bank has forecasted that deposit growth will align with credit growth over the next 15 to 18 months, subject to continued liquidity support from the Reserve Bank of India. This projection reflects the bank's strategic outlook on balancing deposit mobilization with lending activities in the current monetary environment.
 no imag found
27Jan 26
Axis Bank Targets 58-60% Retail Book Balance with Enhanced Retail Growth Focus
Axis Bank has set strategic portfolio targets of 58% to 60% for retail book balance and 23% to 25% for wholesale composition. The bank projects increased retail growth as part of its business strategy, reflecting a focused approach toward strengthening retail banking operations while maintaining balanced portfolio diversification.
 no imag found
23Jan 26
Axis Bank Puts Axis Finance Stake Sale on Hold, Sources Indicate
Axis Bank has put the sale of its stake in Axis Finance on hold, according to Reuters sources. The decision represents a temporary suspension of the bank's divestment process, allowing time for reassessment of strategic options and market conditions. This move reflects the bank's cautious approach to asset divestment in the current environment.
 no imag found
20Jan 26
Axis Bank Allots 59,522 Equity Shares Under ESOP/RSU Scheme, Paid-Up Capital Rises
Axis Bank completed the allotment of 59,522 equity shares on January 20, 2026, under its ESOP/RSU scheme, increasing paid-up capital from ₹621.06 crores to ₹621.07 crores. The total outstanding shares rose from 31.05 crores to 31.05 crores, with each share having a face value of ₹2. This routine corporate action reflects employee stock option exercises and demonstrates the bank's commitment to equity-based employee compensation programs.
 no imag found
19Jan 26
Axis Bank CEO Flags Deposit Mobilisation Challenges Amid Credit Growth Recovery
Axis Bank CEO Amitabh Chaudhry warned at Davos that deposit mobilisation will remain challenging despite credit growth recovering to 15-17%. He called for RBI liquidity support, noting government balances with RBI remain extremely high. The CEO reported retail stress is stabilising while wholesale book remains benign, with net interest margins also stabilising.
 no imag found
19Jan 26
Axis Bank Shareholders Approve Appointment of Two New Directors Through Postal Ballot
Axis Bank completed its postal ballot process on January 19, 2026, with shareholders overwhelmingly approving two director appointments. Neeraj Gambhir was appointed as Executive Director with 98.77% approval, while Malavika R. Harita received 99.92% support for her Independent Director role. The e-voting process conducted through NSDL from December 20, 2025, to January 18, 2026, demonstrated strong shareholder confidence in the bank's leadership decisions.
 no imag found
19Jan 26
Axis Bank Records ₹62.80 Crore Block Trade on NSE at ₹1,303.40 Per Share
Axis Bank recorded a substantial block trade on NSE worth ₹62.80 crores involving approximately 481,818 shares at ₹1,303.40 per share. This transaction represents significant institutional investor activity and demonstrates organized participation in the banking stock through a large-volume trade executed outside regular market mechanisms.
 no imag found
16Jan 26
Axis Bank Schedules Q3FY26 Earnings Call for January 26, 2026
Axis Bank Limited has scheduled an earnings call for January 26, 2026, at 6:20 PM IST to discuss Q3FY26 unaudited financial results for the quarter and nine months ended December 31, 2025. The call will feature senior management presenting to analysts and investors, with comprehensive access options including universal dial-in numbers and international toll-free lines for Hong Kong, Singapore, UK, and USA participants.
 no imag found
13Jan 26
Axis Bank Allots 88,198 Equity Shares Under ESOP/RSU Scheme on January 13, 2026
Axis Bank Limited has allotted 88,198 equity shares of ₹2.00 each on January 13, 2026, under its ESOP/RSU scheme, increasing the paid-up share capital from ₹6,210.44 million to ₹6,210.62 million. The total equity shares outstanding have risen from 3,105,220,003 to 3,105,308,201 shares following this employee stock option exercise.
 no imag found
09Jan 26
Axis Bank Announces Q3 FY26 Results Schedule as Earnings Season Begins
Axis Bank has declared its schedule for announcing Q3 FY26 results as the earnings season begins. The bank joins other NSE and BSE-listed companies in releasing quarterly earnings schedules, providing transparency for investors and market participants.
 no imag found
08Jan 26
Axis Bank Schedules Board Meeting on January 26, 2026 for Q3FY26 Financial Results Approval
Axis Bank Limited has scheduled its Board of Directors meeting for January 26, 2026, to consider and approve unaudited standalone and consolidated financial results for Q3FY26 and nine months ended December 31, 2025. The results will undergo limited review by joint statutory auditors. Trading window for designated persons and immediate relatives remains closed from January 1-28, 2026, in compliance with the bank's Securities Dealing Code. The bank has formally notified NSE, BSE, London Stock Exchange, and Singapore Stock Exchange about this meeting under SEBI Listing Regulations.
 no imag found
06Jan 26
Axis Bank Allots 1,38,572 Equity Shares Under ESOP/RSU Scheme on January 6, 2026
Axis Bank Limited has allotted 1,38,572 equity shares of ₹2 each on January 6, 2026, under its ESOP/RSU scheme exercise. The allotment increased the bank's paid-up share capital from ₹621.02 crores to ₹621.04 crores, with total equity shares rising to 3,105,220,003. This routine corporate action demonstrates the bank's commitment to employee incentivization through equity participation schemes.
 no imag found
05Jan 26
Axis Bank Q3 Updates: Deposits Surge 15% YoY to ₹12.6 Lakh Crore, Advances Up 14.1%
Axis Bank released provisional Q3 financial figures showing strong growth momentum with total deposits reaching ₹12.60 lakh crore (up 15.00% YoY) and gross advances at ₹11.70 lakh crore (up 14.10% YoY). The bank demonstrated healthy sequential growth with deposits up 4.80% QoQ and advances up 3.70% QoQ, while shares gained 1.55% to close at ₹1,286.50.
 no imag found
26Dec 25
Axis Bank Updates Global Medium Term Notes Programme with New Offering Circular
Axis Bank has updated its Global Medium Term Notes Programme with a new Offering Circular dated December 26, 2025, now available on India INX, NSE IX, and SGX exchanges. This follows the bank's board approval in April 2025 to raise up to ₹35,000.00 crore through various debt instruments and subsequent shareholder approval in July 2025. The bank may issue Additional Tier 1 Notes and other permissible securities in foreign currency or Indian rupees under this programme.
 no imag found
23Dec 25
Axis Bank Allots 5.02 Lakh Equity Shares Under ESOP/RSU Scheme
Axis Bank Limited allotted 5,02,455 equity shares of ₹2 each on December 23, 2025, under its ESOP/RSU scheme following employee stock option exercises. The allotment increased the bank's paid-up share capital from ₹6,208,977,028 to ₹6,209,981,938, bringing total outstanding shares to 3,104,990,969. The bank has duly informed NSE and BSE about this corporate action in compliance with Regulation 30 requirements.
 no imag found
16Dec 25
Axis Bank Allots 2.46 Lakh Equity Shares Under ESOP/RSU Scheme
Axis Bank Limited allotted 2,45,902 equity shares of ₹2 each on December 16, 2025, under its ESOP/RSU scheme, increasing the paid-up share capital from ₹620.85 crores to ₹620.90 crores. The total outstanding equity shares increased from 31.04 crores to 31.04 crores, with the bank promptly informing NSE and BSE about this routine corporate action.
 no imag found
16Dec 25
Axis Bank Records ₹76.02 Crore Block Trade on NSE at ₹1,222.50 Per Share
A significant block trade of Axis Bank shares occurred on the National Stock Exchange (NSE). The transaction involved 621,871 shares, executed at ₹1,222.50 per share, totaling ₹76.02 crores. This large-scale trade indicates substantial institutional activity in the banking sector and potentially reflects strategic portfolio adjustments by major market participants.
 no imag found
16Dec 25
Axis Bank Reports ₹3,174 Crore Insurance Commission Income, Contributing 9% to PBT
Axis Bank reported insurance commission income of ₹3,174.00 crores, contributing 9.00% to its profit before tax. This highlights the bank's successful diversification into non-banking revenue streams and effective bancassurance strategy. The significant insurance commission earnings underscore the growing importance of fee-based income in the bank's overall financial performance.
 no imag found
16Dec 25
Axis Bank Records ₹63.30 Crore Block Trade on NSE at ₹1,261.30 Per Share
A significant block trade of Axis Bank shares occurred on the National Stock Exchange (NSE). The transaction involved approximately 501,833 shares at ₹1,261.30 per share, totaling ₹63.30 crores. This institutional-level trade, typically executed outside regular market operations, indicates substantial interest in Axis Bank's stock from large investors or funds.
 no imag found
16Dec 25
Citi Maintains Neutral Rating on Axis Bank with Target Price of ₹1,285
Citi Research has maintained a Neutral rating on Axis Bank with a target price of ₹1,285.00 per share. The rating reflects a balanced view of the private sector bank's market position and growth prospects. This assessment provides investors with professional insight into the bank's valuation and expected performance relative to market trends.
 no imag found
27Nov 25
Axis Bank Sees Strong Double-Digit Growth in October Card Spending
Axis Bank experienced robust double-digit growth in credit card spending across key categories during October. This growth indicates healthy consumer activity in important spending segments and could potentially boost the bank's revenue in the credit card business. The trend suggests increased consumer confidence and active card usage, which may strengthen Axis Bank's position in the competitive credit card market.
 no imag found
26Nov 25
Axis Bank Appoints Amit Talgeri as Chief Risk Officer
Axis Bank has appointed Amit Talgeri as its new Chief Risk Officer, effective July 1, 2023, for a term of 3 years, subject to regulatory approvals. Talgeri, previously the CRO at ICICI Bank, brings significant experience to the role. This appointment, compliant with RBI regulations, is expected to enhance Axis Bank's risk management capabilities, support strategic decision-making, and potentially boost investor confidence.
 no imag found
21Nov 25
Axis Bank Raises Rs. 5,000 Crore Through 10-Year Non-Convertible Debentures at 7.27% Coupon
Axis Bank has successfully raised Rs. 5,000 crore by issuing 5,00,000 non-convertible debentures (NCDs) with a face value of Rs. 10 lakh each. The debentures have a 10-year maturity period, maturing on November 26, 2035, with a coupon rate of 7.27% per annum. The NCDs are rated AAA by CRISIL, ICRA, and India Ratings, and will be listed on BSE and NSE. This fundraising initiative aims to strengthen the bank's capital base, support ongoing operations, and fund future growth initiatives.
 no imag found
21Nov 25
Axis Bank Shares Worth Rs. 138.54 Crores Traded in NSE Block Deal
A significant block deal involving 1,095,166 shares of Axis Bank was executed on the National Stock Exchange (NSE) at Rs. 1,265.00 per share, totaling approximately Rs. 138.54 crores. This large-scale transaction indicates active institutional or bulk investor participation in Axis Bank's equity. The bank recently participated in Morgan Stanley's Asia Pacific Summit in Singapore, engaging with institutional investors.
 no imag found
21Nov 25
Axis Bank Halts Payment Services for Digital Gold Products
Axis Bank, a leading Indian private sector bank, has stopped offering payment services for digital gold products on its platform. This decision affects customers who were using the bank's services for digital gold investments. The move represents a shift in Axis Bank's digital product offerings and may require affected customers to seek alternative platforms for investing in digital gold.
 no imag found
18Nov 25
Axis Bank Shares Worth Rs. 106.28 Crores Traded in Significant Block Deal
Axis Bank experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 845,222 shares at Rs. 1,257.40 per share, totaling Rs. 106.28 crores. This large-scale institutional activity in the banking sector has drawn attention from market participants, though the identities of the buyers and sellers remain undisclosed.
 no imag found
29Oct 25
Axis Bank Shares Worth Rs. 121.45 Crores Traded in NSE Block Deal
A significant block trade of 979,254 Axis Bank shares occurred on the National Stock Exchange (NSE). The transaction was executed at Rs. 1,240.20 per share, totaling Rs. 121.45 crores. This large-scale trade indicates substantial investor activity in Axis Bank stock, potentially reflecting institutional interest or changes in major shareholdings.
 no imag found
28Oct 25
Axis Bank Puts ₹511-Crore Lavasa Corp Debt on Sale
Axis Bank has decided to put Lavasa Corporation's debt of ₹511 crore up for sale. This move is part of the bank's efforts to manage non-performing assets and clean up its balance sheet. Lavasa Corporation, known for its hill city project near Pune, has been facing financial difficulties for years. The sale may attract interest from asset reconstruction companies and distressed asset funds, potentially impacting the future of the Lavasa project and its stakeholders.
 no imag found
20Oct 25
Axis Bank: RBI Approves Neeraj Gambhir as Executive Director for Three-Year Term
Axis Bank has received approval from the Reserve Bank of India (RBI) for the appointment of Neeraj Gambhir as Executive Director. The appointment is for a three-year term, effective from October 20, 2025. Gambhir's appointment had previously been approved by Axis Bank's Board of Directors as a Whole-time Director with the designation of Executive Director, pending RBI approval.
 no imag found
16Oct 25
Axis Bank Reports Stable Q2 FY26 Performance, Advances Grow 12% YoY
Axis Bank's Q2 FY26 results show steady performance with 12% YoY growth in advances to ₹11,16,703.00 crores and 11% YoY increase in deposits to ₹12,03,487.00 crores. Net Interest Income grew 2% YoY to ₹13,745.00 crores, while net profit decreased 26% YoY to ₹5,090.00 crores. The bank maintained stable asset quality with a GNPA ratio of 1.46% and a strong capital position with CAR at 16.55%. Axis Bank continued to focus on digital initiatives, maintaining leadership in UPI Payer PSP space with ~37% market share and crossing 15 million credit cards in force.
 no imag found
16Oct 25
Axis Bank Q2 Net Profit Declines 26% Amid Higher Expenses, Asset Quality Improves
Axis Bank's Q2 FY2024 net profit declined 26.43% year-over-year to ₹5,089.6 crore, falling short of market expectations. Revenue increased slightly by 1.22% to ₹37,594.8 crore. The bank saw improved asset quality with Gross NPA ratio decreasing to 1.46% from 1.57% quarter-over-quarter. Expenses rose 15.45% to ₹13,503.6 crore, impacting profitability. Net interest income showed a slight improvement with interest earned increasing by 1.71% to ₹17,225.7 crore. Operating profit declined 6.71% to ₹17,466.6 crore, with Operating Profit Margin at 56.40%.
 no imag found
15Oct 25
Axis Bank Board Approves Amended GDR Agreement, Granting Voting Rights to Holders
Axis Bank's Board of Directors has approved an Amended and Restated Deposit Agreement for its Global Depositary Receipts (GDRs), granting voting rights to GDR holders. This change is subject to Reserve Bank of India (RBI) approval and requires GDR holders to comply with Section 12B of the Banking Regulation Act, 1949, and applicable guidelines. The decision aims to enhance shareholder engagement and potentially increase the attractiveness of Axis Bank's GDRs to international investors.
 no imag found
15Oct 25
Axis Bank Targets Double-Digit Growth Through Digital Innovation and Payment Services
Axis Bank, India's third-largest private sector lender, aims for steady double-digit growth in deposits and loans. Q2 results show 12% year-over-year loan growth to ₹11,16,703.00 crores. Net Interest Income grew 2% to ₹13,745.00 crores, while net profit decreased 26% to ₹5,090.00 crores. The bank focuses on digital innovation and payment services, with 97% of individual customer transactions being digital. Capital Adequacy Ratio stands at 16.55%, with plans to sell its stake in Axis Finance.
 no imag found
15Oct 25
Axis Bank Reports Strong Q2 Performance with Growth in Advances and Deposits
Axis Bank showed robust growth in Q2 FY24 with advances up 12% YoY and deposits up 11% YoY. Net Interest Income rose 1% QoQ and 2% YoY, with Net Interest Margin at 3.73%. Corporate loans grew 20% YoY, while retail loans increased 6% YoY. However, net profit was impacted by a one-time provision of ₹1,231 crore related to discontinued crop loan products. Net slippages decreased significantly to ₹280 crore from ₹1,861 crore in the previous quarter, indicating improved asset quality management. The bank's management is focusing on deposit growth, credit growth, asset quality, and cost efficiency.
 no imag found
14Oct 25
Axis Bank Q2 Profit Projected to Decline 19% YoY Amid Margin Pressure
Axis Bank is expected to face challenges in its Q2 FY2024 results. Analysts project a 19% year-on-year decline in Profit After Tax and a 1% decrease in Net Interest Income. Net Interest Margin is anticipated to contract by 40 basis points year-on-year to 3.59%. The bank's performance is likely to be impacted by margin pressure due to deposit repricing outpacing lending yield improvements, higher funding costs, and elevated operational expenses. Despite these headwinds, loan growth is projected at 10% year-on-year. ICICI Securities estimates Axis Bank's Q2 PAT at ₹5,319 crore, a 23% year-on-year decrease.
 no imag found
13Oct 25
RBI Cautions Axis Bank Over KYC Norms Compliance
The Reserve Bank of India (RBI) has issued a letter of caution to Axis Bank regarding its compliance with Know Your Customer (KYC) norms. The central bank directs Axis Bank to ensure strict adherence to RBI instructions on KYC requirements. Axis Bank has stated that it does not anticipate any material impact on its activities as a result of this order. This action highlights the RBI's ongoing efforts to maintain strict banking regulations and financial system integrity.
 no imag found
10Oct 25
RBI Issues KYC Compliance Caution to Axis Bank
The Reserve Bank of India (RBI) has issued a 'Letter of Caution' to Axis Bank for non-compliance with KYC norms while opening a society account in 2009. The bank was advised to exercise extreme caution and ensure strict compliance with RBI's KYC instructions. Axis Bank has initiated corrective measures and does not anticipate any material impact on its operations. The bank has disclosed this development to stock exchanges in compliance with SEBI regulations.
 no imag found
07Oct 25
Axis Bank Eyes M&A Funding Opportunities, Awaits RBI Guidance on Axis Finance Stake
Axis Bank's Co-CEO has expressed interest in funding acquisitions and M&A deals, indicating a potential strategic shift in the bank's lending focus. This move could diversify its lending portfolio and strengthen its position in investment banking. Simultaneously, the bank is awaiting a circular from the Reserve Bank of India before deciding on the potential sale of its stake in Axis Finance, demonstrating a commitment to regulatory compliance.
 no imag found
06Oct 25
Axis Bank Shares Worth Rs. 62.44 Crores Traded in NSE Block Deal
A significant block trade of Axis Bank shares occurred on the National Stock Exchange (NSE). The transaction involved 518,911 shares at Rs. 1,203.30 per share, totaling Rs. 62.44 crores. This large-scale trade indicates substantial investor activity in the banking sector, potentially signaling shifts in institutional holdings or investor sentiment. Axis Bank, a leading private sector bank in India, continues to attract significant market interest.
 no imag found
03Oct 25
Indian Markets Flat as RBI Holds Rates; Metal Stocks Shine
Indian equity indices traded nearly flat on Thursday, with the Sensex down 3.68 points at 80,979.63 and Nifty 50 declining 4.85 points to 24,831.45. The RBI kept the repo rate unchanged at 5.50%, lowered inflation forecast to 2.60%, and raised GDP growth projections to 6.80%. Metal stocks led gains, with Tata Steel up 4.09%, Hindalco 2.70%, and JSW Steel 1.52%. Power Grid and Kotak Mahindra Bank also saw gains. Max Healthcare, SBI Life Insurance, and Coal India were among the decliners. Market breadth was positive with 2,377 advancing stocks against 1,621 declines. FIIs were net sellers of ₹1,605.00 crore, while DIIs purchased ₹2,916.00 crore worth of equities.
 no imag found
01Oct 25
Axis Bank Postpones Stake Sale in Axis Finance Amid Regulatory Uncertainty
Axis Bank has postponed its plan to sell a stake in its non-banking subsidiary, Axis Finance, as potential investors await clarity on upcoming regulatory guidelines from the Reserve Bank of India. The bank had previously planned to raise Rs 3,000 crore through a strategic sale to private equity investors. Several global firms, including Blackstone, Advent, EQT, and Kedaara, have shown interest in acquiring a 20% stake. The delay reflects broader valuation challenges in the non-banking financial sector, as demonstrated by HDB Financial Services' recent market entry at a significantly lower valuation.
 no imag found
29Sept 25
Axis Bank and Freecharge Launch India's First Gold-Backed UPI Credit Line
Axis Bank, in partnership with Freecharge, has introduced India's first gold-backed credit line accessible through UPI. This innovative product allows customers to leverage their gold holdings for instant credit, with real-time transactions and repayments possible through UPI and Freecharge platforms. The offering is designed to benefit MSMEs, self-employed individuals, and merchants by providing flexible, convenient credit access. Interest is charged only on the utilized amount, and the entire process is digitally managed after initial onboarding. This launch aligns with recent NPCI guidelines supporting credit lines on UPI, marking a significant advancement in India's financial technology landscape.
 no imag found
24Sept 25
Axis Bank Shares Worth Rs. 67.29 Crores Traded in NSE Block Deal
A significant block trade of Axis Bank shares occurred on the National Stock Exchange (NSE). The transaction involved 581,283 shares at Rs. 1,157.60 per share, totaling Rs. 67.29 crores. This large-scale trade suggests continued interest from institutional investors in Axis Bank's stock. Additionally, the bank recently participated in J.P. Morgan's 10th Annual India Conference and allotted 90,970 equity shares under its ESOP/RSU Scheme.
 no imag found
23Sept 25
Axis Bank Shares Worth Rs. 116.02 Crores Traded in NSE Block Deal
A significant block trade of approximately 1,004,456 Axis Bank shares occurred on the NSE. The transaction was executed at Rs. 1,155.10 per share, totaling Rs. 116.02 crores. This large-scale trade indicates substantial investor activity in Axis Bank stock, potentially influencing market sentiment and trading patterns.
 no imag found
19Sept 25
Axis Bank Reports Improving Deposit Growth, Expects Moderation in Technical Slippages
Axis Bank has seen improved deposit growth over the past two quarters, supported by RBI's liquidity measures. The bank reported ₹8,200 crore in gross slippages for the June quarter, with ₹2,709 crore attributed to technical impact. Management expects moderation in net technical slippages and aims for loan growth 2-3% above industry levels. Net Interest Margins are anticipated to recover to 3.80% upon deposit repricing. Morgan Stanley maintains an 'overweight' rating with a ₹1,325 price target. The stock currently has 42 'Buy' and 10 'Hold' ratings from 52 analysts.
 no imag found
10Sept 25
Axis Bank Shares Worth Rs. 83.61 Crores Traded in NSE Block Deal
A significant block trade of approximately 781,429 Axis Bank shares occurred on the National Stock Exchange at Rs. 1,070.00 per share, totaling Rs. 83.61 crores. The bank recently allotted 47,774 equity shares under its ESOP/RSU Scheme and participated in the BofA Asia Pacific Conference in Hong Kong, engaging with several institutional investors.
 no imag found
04Sept 25
Axis Bank Shares Worth Rs. 381.23 Crores Change Hands in Two Block Deals
Axis Bank witnessed two substantial block deals on the National Stock Exchange (NSE), totaling approximately Rs. 381.23 crores. The first trade involved 2,838,382 shares at Rs. 1,052.20 per share, amounting to Rs. 298.65 crores. The second trade comprised 786,481 shares at Rs. 1,050.00 per share, totaling Rs. 82.58 crores. In total, 3,624,863 shares were traded across both deals.
 no imag found
03Sept 25
Axis Bank Shares Worth Rs. 329 Crores Change Hands in Significant Block Deals
Axis Bank experienced significant block trades on the National Stock Exchange (NSE), involving 3,104,219 shares worth approximately Rs. 329.11 crores. The transactions comprised two major trades: one for 2,557,072 shares at Rs. 1,060.50 per share, totaling Rs. 271.18 crores, and another for 547,147 shares at Rs. 1,058.70 per share, amounting to Rs. 57.93 crores. The bank also recently allotted 131,047 equity shares under its ESOP/RSU Scheme and scheduled meetings with analysts and institutional investors.
 no imag found
29Aug 25
Axis Bank Faces Headwinds as Goldman Sachs Removes from APAC Conviction List
Axis Bank, India's third-largest private lender, has been removed from Goldman Sachs' APAC Conviction List after 112 days due to underperformance. The bank's stock declined 11.00% over the past year, while the Nifty Bank index rose 6.20%. Key concerns include weak deposit growth, cost pressures, and asset quality issues. Q1 results showed a 191.00% sequential increase in provisions to Rs 3,948.00 crore and a 4.00% year-on-year decrease in net profit to Rs 5,806.00 crore. Despite challenges, analysts maintain an average target price of Rs 1,343.00, suggesting a 28.00% upside potential.
 no imag found
21Aug 25
Axis Bank Shares Worth Rs. 111.20 Crores Traded in NSE Block Deal
A significant block trade of Axis Bank shares occurred on the National Stock Exchange (NSE). Approximately 1,030,007 shares were traded at Rs. 1,079.60 per share, totaling a transaction value of Rs. 111.20 crores. This pre-arranged deal between large traders or institutional investors highlights continued interest in Axis Bank's stock.
 no imag found
18Aug 25
Axis Bank Tightens Accounting Policy, Net Profit Dips 4% to ₹5,806 Crore
Axis Bank reported a 4% decline in net profit to ₹5,806.00 crore for the latest quarter due to a more conservative approach in its accounting practices. The bank tightened its one-time settlement accounting policy, resulting in additional provisioning of ₹614.00 crore. This move contrasts with other financial institutions' approaches, such as Sammaan Capital's more aggressive stance and Bandhan Bank's new collection procedures, highlighting diverse strategies in the sector.
 no imag found
14Aug 25
Axis Bank Sees Two Large Block Trades Worth Rs. 157 Crores on NSE
Two significant block trades of Axis Bank shares were executed on the National Stock Exchange (NSE). The first trade involved 527,207 shares at Rs. 1,068.90 per share, totaling Rs. 56.35 crores. The second trade comprised 942,867 shares at Rs. 1,067.00 per share, amounting to Rs. 100.60 crores. In total, approximately 1.47 million shares were traded, with a combined value of Rs. 157 crores. The identities of the buyers and sellers were not disclosed.
 no imag found
07Aug 25
Axis Bank Withdraws Rajiv Anand's Nomination from Axis Max Life Board Amid Leadership Transition
Axis Bank has withdrawn Rajiv Anand's nomination from the Board of Directors of Axis Max Life Insurance Limited, an associate company. This decision follows Anand's appointment as Managing Director and CEO of IndusInd Bank Limited. Anand had offered to resign from the Axis Max Life Insurance board after his new appointment. The withdrawal is effective from August 7, 2025, as per the bank's regulatory filing.
 no imag found
07Aug 25
Axis Bank Shares Worth Rs. 53.79 Crores Traded in NSE Block Deal
Axis Bank experienced a significant block trade on the National Stock Exchange (NSE), involving 503,130 shares at Rs. 1,069.10 per share. The total transaction value amounted to Rs. 53.79 crores. This large-scale trade demonstrates substantial investor interest and liquidity in Axis Bank's stock. While such pre-arranged transactions may not necessarily reflect broader market sentiment, they can potentially influence short-term price movements and provide insights into institutional investor activity.
 no imag found
05Aug 25
Axis Bank Bolsters Digital Security with New 'Lock FD' Feature
Axis Bank has introduced a 'Lock FD' feature to protect fixed deposits from unauthorized digital access and premature closures. Once activated, this feature prevents customers from closing their FDs through digital platforms, requiring in-person branch visits for premature closures. The measure aims to combat cyber fraud, particularly benefiting senior citizens and high-risk customers. It's part of Axis Bank's broader cybersecurity strategy, following other security measures like the 'In-App Mobile OTP' feature.
 no imag found
03Aug 25
Rajiv Anand Retires as Deputy Managing Director of Axis Bank
Rajiv Anand, Whole-time Director and Deputy Managing Director of Axis Bank, has retired effective August 3, 2025. The bank's Board of Directors acknowledged his contributions and extended best wishes. This retirement was previously announced on April 25, 2025, in compliance with SEBI regulations. No successor has been announced yet.
 no imag found
01Aug 25
Axis Bank Shares Worth ₹50.93 Crore Change Hands in NSE Block Deal
Axis Bank experienced a significant block trade on the National Stock Exchange (NSE), involving 477,420 shares at ₹1,066.70 per share. The total transaction value amounted to ₹50.93 crore, demonstrating substantial investor interest in the bank's stock.
 no imag found
30Jul 25
Axis Bank Shares Worth Rs. 101.73 Crores Traded in NSE Block Deal
Axis Bank witnessed a significant block trade on the NSE involving 953,880 shares at Rs. 1066.50 per share, totaling Rs. 101.73 crores. The bank recently allotted 3,23,974 equity shares under its ESOP/RSU scheme, increasing its paid-up share capital. Axis Bank also held a virtual meeting with select investors including representatives from William Blair & Company, HSBC, and Neuberger Berman Group LLC.
 no imag found
29Jul 25
Axis Bank Shares Worth Rs. 53.89 Crores Traded in NSE Block Deal
A substantial block deal for Axis Bank occurred on the National Stock Exchange (NSE). 506,244 shares were traded at Rs. 1,064.50 per share, totaling Rs. 53.89 crores. The identities of the buyer and seller were not disclosed. This transaction highlights significant market activity for the bank's stock and potential interest from institutional investors.
 no imag found
29Jul 25
Axis Bank Shares Worth ₹97.69 Crore Change Hands in NSE Block Deal
Axis Bank experienced a significant block trade on the National Stock Exchange (NSE), involving 918,931 shares. The transaction was executed at ₹1,063.10 per share, totaling ₹97.69 crore. This large-scale trade indicates substantial institutional interest in Axis Bank's stock. Block trades are typically conducted between institutional investors or large shareholders outside regular market trading to minimize price impact.
 no imag found
29Jul 25
Axis Bank Shares Worth ₹114.94 Crore Traded in NSE Block Deal
A significant block trade of 1,082,932 Axis Bank shares was executed on the National Stock Exchange at ₹1,061.40 per share, totaling ₹114.94 crore. The transaction demonstrates strong liquidity for Axis Bank stock and may indicate investor confidence, though the parties involved were not disclosed.
 no imag found
29Jul 25
Axis Bank Shares Worth ₹181 Crores Change Hands in Two Major Block Deals
Axis Bank witnessed two significant block deals on the National Stock Exchange (NSE), involving approximately 1.71 million shares valued at ₹181.00 crores. The first transaction involved 1,022,364 shares at ₹1,057.40 per share, totaling ₹108.10 crores. The second deal comprised 686,937 shares at ₹1,061.20 per share, amounting to ₹72.90 crores. These large-scale transactions indicate strong investor interest in Axis Bank's stock.
 no imag found
25Jul 25
Axis Bank Shares Worth Rs. 54.72 Crores Traded in NSE Block Deal
Axis Bank witnessed a significant block trade on NSE involving 503,744 shares at Rs. 1,086.20 per share, totaling Rs. 54.72 crores. The bank also revised its Employee Stock Option Scheme, changing the vesting period for 185,537 options to equal distribution over four years. Additionally, Axis Bank allotted 67,820 equity shares, increasing its paid-up share capital to Rs. 6,203,181,234.
 no imag found
22Jul 25
Axis Bank Aims to Boost Stake in Max Life Insurance to 30%, Seeking RBI Approval
Axis Bank is preparing to seek RBI approval to increase its stake in Max Life Insurance from 19.99% to 30%. This move could potentially make Axis Bank the promoter of the joint venture. The bank recently acquired a stake for ₹336 crore in June. Before approaching RBI, Axis Bank needs to resolve an ongoing SEBI investigation related to the initial 20% acquisition. Future plans may include reverse-merging Max Financial Services into Max Life or directly listing Max Life Insurance. Axis Bank has addressed recent unusual volume movements in its shares, stating all necessary disclosures have been made in compliance with SEBI regulations.
 no imag found
21Jul 25
Axis Bank Shares Worth ₹155.68 Crore Traded in NSE Block Deal
A significant block trade of approximately 1,424,483 Axis Bank shares occurred on the National Stock Exchange (NSE). The transaction was executed at ₹1,092.90 per share, totaling ₹155.68 crore. This large-scale trade demonstrates substantial investor interest and liquidity in Axis Bank's stock.
 no imag found
21Jul 25
Axis Bank Faces ₹8,200 Crore Gross Slippages Amid NPA Policy Overhaul
Axis Bank has reported gross slippages of ₹8,200 crore following significant changes to its Non-Performing Asset (NPA) policy. This comes after the Reserve Bank of India (RBI) identified issues in the bank's accounting practices and urged for stronger regulations. The bank's Q1 FY2026 financial results show mixed performance with a 1.11% increase in revenue but a 16.37% decline in net profit compared to the previous quarter. Operating profit decreased by 10.45% to ₹18,365.70 crore, with the Operating Profit Margin dropping to 45.46% from 51.33%. The RBI plans to evaluate the implemented changes during its annual supervision process in the July-September quarter.
 no imag found
21Jul 25
Axis Bank Revises NPA Policy Following RBI Review, Reports Rs 8,200 Crore in Gross Slippages
Axis Bank has adjusted its non-performing asset (NPA) management policy after a review by the Reserve Bank of India (RBI). The policy changes resulted in gross slippages of Rs 8,200 crore and a net profit impact of Rs 614 crore. Despite these challenges, Axis Bank's Q1 FY2026 financial results show resilience with revenue increasing by 6.89% year-over-year to Rs 40,401 crore, although net profit decreased slightly by 2.90% to Rs 6,279.50 crore. The RBI is expected to review the revised NPA policy during its annual supervisory checks in the July-September quarter.
 no imag found
19Jul 25
Axis Bank Stock Tumbles 5.3% as Stricter Asset Classification Norms Impact Quarterly Profits
Axis Bank's stock price dropped 5.3% to ₹1,098.70 following the implementation of stricter asset classification standards. The new norms prevented account upgrades until full settlement, impacting quarterly profitability. Profit after tax reduced by ₹614.00 crore, ROA declined by 15 basis points, and ROE dropped by 1.4 percentage points. Gross slippages increased by over 70% to ₹8,200.00 crore, with 75% from unsecured loans and 25% from agriculture. Nuvama downgraded the stock to 'Hold' and reduced the target price to ₹1,204.00. The bank announced management changes, including the appointment of Neeraj Gambhir as Executive Director and the resignation of Arjun Chowdhry.
 no imag found
18Jul 25
Axis Bank Reports Q1 Results: Operating Profit Up 14% YOY, Asset Quality Impacted by Technical Factors
Axis Bank's Q1 results show a 14% YOY increase in operating profit to ₹11,515.00 crore, but a 4% YOY decline in net profit to ₹5,806.00 crore. Non-interest income surged 25% YOY to ₹7,258.00 crore. GNPA ratio rose to 1.57% from 1.28% in the previous quarter, attributed to technical factors. Advances grew 8% YOY to ₹10,59,724.00 crore, while deposits increased 9% YOY to ₹11,61,615.00 crore. The bank maintains a strong position in digital banking with a 32% market share in UPI Payer PSP space.
 no imag found
18Jul 25
Axis Bank Reports 14% YoY Growth in Q1 FY26 Operating Profit; Asset Quality Impacted by Technical Factors
Axis Bank announced Q1 FY26 results with a 14% YoY increase in operating profit to ₹11,515.00 crore, despite a 4% YoY decrease in net profit to ₹5,806.00 crore. Net Interest Income grew 1% YoY to ₹13,560.00 crore, while non-interest income rose 25% YoY to ₹7,258.00 crore. Asset quality metrics were impacted by technical factors, with GNPA ratio at 1.57% and NNPA ratio at 0.45%. The bank saw strong growth in deposits (9% YoY) and advances (8% YoY), maintaining a leading position in digital banking with a 32% market share in UPI Payer PSP space.
 no imag found
18Jul 25
Axis Bank Reports Mixed Q1 Results: Operating Profit Up, Net Profit Down
Axis Bank's Q1FY26 results show a 14% YoY increase in operating profit to ₹11,515.00 crores, driven by higher non-interest income and cost control. However, net profit declined 4% YoY to ₹5,806.00 crores due to higher provisions. Net interest income grew 1% YoY, while non-interest income surged 25%. The bank's GNPA ratio slightly increased to 1.57%. Advances and deposits grew by 8% and 9% YoY respectively. Axis Bank maintains a strong position in digital banking with a 32% market share in UPI Payer PSP space.
 no imag found
18Jul 25
Axis Bank Q1 Net Profit Dips 4% to ₹5,806 Crore Amid Rising Provisions; Analysts Downgrade Stock Despite No 'Sell' Ratings
Axis Bank reported a 4% year-on-year decline in Q1 net profit to ₹5,806.00 crore due to higher provisions. Net interest income grew marginally by 1% to ₹13,560.00 crore, while non-interest income surged 25% to ₹7,258.00 crore. Provisions nearly doubled to ₹3,948.00 crore. Asset quality metrics were impacted by 'Technical Impact', with gross NPA ratio rising to 1.57%. The bank saw healthy growth in fee income and maintained steady loan growth. Capital position remains strong with CAR at 16.85%.
 no imag found
17Jul 25
Axis Bank Reports 14% YoY Growth in Q1 Operating Profit, Asset Quality Impacted by Technical Parameters
Axis Bank reported a 14% YoY increase in operating profit to ₹11,515.00 crore in Q1, driven by 25% growth in non-interest income and cost control. Net Interest Income grew 1% YoY to ₹13,560.00 crore, while NIM contracted to 3.80%. Asset quality metrics were impacted by 'Technical Impact', with GNPA ratio rising to 1.57% and NNPA to 0.45%. Advances grew 8% YoY to ₹10,59,724.00 crore, and deposits increased 9% YoY to ₹11,61,615.00 crore. The bank maintained strong digital banking positions and a robust capital adequacy ratio of 16.85%.
 no imag found
17Jul 25
Axis Bank Reports 14% YoY Growth in Q1 FY26 Operating Profit, Asset Quality Impacted by Technical Factors
Axis Bank announced its Q1 FY26 results with a 14% YoY increase in operating profit to ₹11,515.00 crore. Net Interest Income grew 1% YoY to ₹13,560.00 crore, while non-interest income surged 25% YoY. Net profit declined 4% YoY to ₹5,806.00 crore due to technical factors. The bank's GNPA ratio rose to 1.57% from 1.28% in Q4 FY25, attributed to a 'Technical Impact' on cash credit and overdraft products. Total deposits grew 9% YoY, and advances increased 8% YoY. The bank maintained strong capital adequacy with a CAR of 16.85% and CET1 ratio of 14.68%.
 no imag found
17Jul 25
Axis Bank Reports 14% YoY Growth in Q1 Operating Profit
Axis Bank's Q1 results show 14% YoY increase in operating profit to ₹11,515.00 crore, driven by higher non-interest income and cost control. Net interest income grew 1% YoY to ₹13,560.00 crore, while non-interest income jumped 25% YoY. Net profit decreased 4% YoY to ₹5,806.00 crore due to higher provisions. GNPA ratio rose to 1.57% and Net NPA to 0.45%. Advances grew 8% YoY to ₹10,59,724.00 crore, and deposits increased 9% YoY to ₹11,61,615.00 crore. The bank's digital banking offerings and subsidiaries performed well, with domestic subsidiaries' profit up 4% YoY to ₹451.00 crore.
 no imag found
17Jul 25
Axis Bank Reports Solid Q1 Results with 14% YoY Growth in Operating Profit
Axis Bank announced Q1 results showing robust growth. Operating profit increased 14% YoY to ₹11,515.00 crore. Net Interest Income grew 1% to ₹13,560.00 crore, while non-interest income surged 25%. Advances and deposits grew 8% and 9% respectively. However, net profit decreased 4% YoY to ₹5,806.00 crore due to higher provisions. The bank maintained a strong CASA ratio of 40% and reported a Gross NPA ratio of 1.57%. Axis Bank continues to lead in digital banking with a 32% market share in UPI Payer PSP space.
 no imag found
17Jul 25
Axis Bank Reports Steady Q1 Performance Amid Technical Impact on Asset Quality
Axis Bank reported mixed Q1 results with operational growth but faced technical challenges in asset quality recognition. Operating profit rose 14% YoY to ₹11,515.00 crore, while net profit declined 4% YoY to ₹5,806.00 crore due to higher provisions. The bank's GNPA ratio increased to 1.57% from 1.28% in the previous quarter, primarily due to technical impacts on cash credit and overdraft products. Despite these challenges, advances grew 8% YoY, and total deposits increased 9% YoY. The bank maintained a strong digital presence with a 32% market share in UPI Payer PSP space.
 no imag found
17Jul 25
Axis Bank Reports 4% Dip in Q1 Net Profit, GDR Drops 5% Amid Disappointing Results
Axis Bank's Q1 financial results show a 4% year-on-year decrease in net profit to ₹5,806.00 crore, falling short of estimates. Revenue increased to ₹311.00 billion. The bank's asset quality deteriorated with GNPA ratio rising to 1.57% and NNPA ratio to 0.45%. Provisions surged to ₹39.50 billion, while fresh slippages increased to ₹82.00 billion. The bank's UK-listed GDRs fell 5% following the results announcement.
 no imag found
16Jul 25
Axis Bank Q1 FY26 Preview: Profit Growth Expected Amid Margin Pressure
Axis Bank's Q1 FY26 results are anticipated to show a 5% YoY increase in profit after tax to Rs 6,375.77 crore, despite a projected 4% YoY decline in Net Interest Income to Rs 13,970.00 crore. The bank is expected to maintain a 7% YoY loan growth, although Net Interest Margin may decrease to 3.81%. CRISIL has reaffirmed its high credit ratings for Axis Bank, including 'CRISIL AAA/Stable' for Rs 8,000.00 crore infrastructure bonds, reflecting the bank's strong market position and financial stability.
 no imag found
08Jul 25
Axis Bank Sees Massive Block Trade: 4.38 Million Shares Change Hands
A substantial block trade of Axis Bank shares occurred on the National Stock Exchange (NSE). The transaction involved 4,378,970 shares at Rs. 1,168.00 per share, totaling Rs. 511.46 crores. This significant trade suggests potential shifts in institutional holdings or strategic moves by large investors, though the identities of the parties involved remain undisclosed.
 no imag found
07Jul 25
Axis Bank Sees Major Block Trade: 1 Million Shares Change Hands
A significant block trade of 1,002,829 Axis Bank shares occurred on the National Stock Exchange (NSE). The transaction was valued at Rs. 117.95 crores, with each share priced at Rs. 1,176.20. This large-scale trade suggests potential institutional investor activity and highlights the liquidity of Axis Bank's shares in the market.
 no imag found
03Jul 25
Axis Bank Sees Large Block Trade Worth ₹73 Crore on NSE
A significant block trade of approximately 621,514 Axis Bank shares occurred on the National Stock Exchange (NSE). The transaction was executed at ₹1,175.00 per share, totaling ₹73.03 crore. This large trade in one of India's leading private sector banks has drawn market attention, potentially indicating moves by institutional investors or large shareholders. The identities of the buyer and seller remain undisclosed.
 no imag found
03Jul 25
Axis Bank: Final Day for Dividend Eligibility as Q4 Profit Holds Steady
Axis Bank has declared a final dividend of Re 1 per share, with July 3 as the last day to buy shares to qualify. The bank's Q4 results show a marginal 0.17% decline in net profit to Rs 7,117.50 crore, while net interest income grew by 6% to Rs 13,811.00 crore. Revenue increased by 5.65% to Rs 38,022.00 crore, and operating profit rose by 7.08% to Rs 20,045.50 crore. The bank's Operating Profit Margin improved slightly to 52.72%.
 no imag found
02Jun 25
Axis Bank to Hike ATM Transaction Fees from July 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.
 no imag found
23May 25
Axis Bank Revamps REWARDS Credit Card: New Terms Set for 2025
Axis Bank announces significant changes to its REWARDS Credit Card program, effective June to October 2025. Key updates include new spend categorization, modified Swiggy offer with ₹150 discount on ₹500+ orders twice monthly, new reward point redemption rules, and expanded criteria for excluded transactions. Implementation will be gradual, allowing cardholders time to adapt to the new terms.
 no imag found
25Apr 25
Axis Bank: Systematix Maintains 'Hold' Rating, Raises Target Price Post Q4 Results
Systematix has maintained a 'Hold' rating on Axis Bank while increasing its target price following Q4 results. The bank reports stabilization in credit card asset quality, expects personal loan book to stabilize in coming quarters, and anticipates marginal impact on FY26 credit costs due to tightened unsecured loan policies. Axis Bank announces key management changes, including the retirement of Deputy MD Rajiv Anand and appointment of new Group Executives. The bank sets July 4, 2025, as the record date for final dividend payment and schedules its 31st AGM for July 25, 2025.
 no imag found
25Apr 25
Axis Bank Announces Leadership Changes: Deputy MD Rajiv Anand to Retire in 2025
Axis Bank's Deputy Managing Director, Rajiv Anand, will retire on August 3, 2025, after completing his third term as a Director. He will continue as Non-executive Chairperson of Axis Max Life Insurance Limited. The bank has appointed Sameer Shetty as Group Executive for Digital Business and Transformation, Bipin Saraf as Group Executive for Bharat Banking, and Rajkamal Vempati as Group Executive for Human Resources, all effective from April 1, 2025. These changes come as Axis Bank reports strong Q4 net profit of ₹7,117.50 crore.
 no imag found
24Apr 25
Axis Bank Reports Q4 Results: Net Profit at ₹7,118 Crore, Recommends Dividend
Axis Bank's Q4 standalone net profit reached ₹7,118.00 crore, slightly below last year but above market estimates. Total income increased to ₹31,243.00 crore. Asset quality improved with gross NPAs at 1.28% and net NPAs at 0.33%. Provisions decreased to ₹1,359.00 crore. The bank recommended a dividend of ₹1.00 per share.
 no imag found
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.
 no imag found
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.
 no imag found
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.
 no imag found
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.
 no imag found
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.
 no imag found
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.
 no imag found
Axis Bank
1,330.60
-8.10
(-0.61%)
1 Year Returns:+31.05%
Industry Peers
HDFC Bank
949.70
(-0.36%)
ICICI Bank
1,396.50
(-0.84%)
Axis Bank
1,330.60
(-0.61%)
Kotak Bank
408.75
(-0.87%)
IDBI Bank
102.98
(-5.66%)
IDFC First Bank
85.48
(+0.40%)
Indusind Bank
914.40
(-0.75%)
Federal Bank
287.60
(+0.07%)
Yes Bank
21.38
(-0.79%)
Karur Vysya Bank
314.15
(-0.98%)