Axis Bank Share News - Latest Updates, Live News & More

Latest news about Axis Bank

Axis Bank Aims to Boost Stake in Max Life Insurance to 30%, Seeking RBI Approval 1 day ago

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.

Axis Bank Shares Worth ₹155.68 Crore Traded in NSE Block Deal 2 days ago

Axis Bank Faces ₹8,200 Crore Gross Slippages Amid NPA Policy Overhaul 2 days ago

Axis Bank Revises NPA Policy Following RBI Review, Reports Rs 8,200 Crore in Gross Slippages 2 days ago

Axis Bank Stock Tumbles 5.3% as Stricter Asset Classification Norms Impact Quarterly Profits 4 days ago

More news about Axis Bank

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.