Axis Bank
1,200.20
+3.90(+0.33%)
Market Cap₹3,71,173.60 Cr
PE Ratio14.25
IndustryBanks
Company Performance:
1D+0.33%
1M+6.59%
6M+0.79%
1Y+6.04%
5Y+143.47%
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More news about Axis Bank
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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%.
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%.
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%.
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.
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.
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.
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.
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.
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.
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.
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.
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%.
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.
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.
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.
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.
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.
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.
Axis Bank
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(+0.33%)
1 Year Returns:+6.04%
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