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Company Profile

AXIS BANK LTD.

NSE : AXISBANKBSE : 532215ISIN CODE : INE238A01034Industry : Bank - PrivateHouse : Axis Bank
BSE731.9514.4 (+2.01 % )
PREV CLOSE (Rs.) 717.55
OPEN PRICE (Rs.) 714.90
BID PRICE (QTY) 731.95 (79 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 281400
TODAY'S LOW / HIGH (Rs.)710.25 733.80
52 WK LOW / HIGH (Rs.)580 826.55
NSE732.00 14.4 (+2.01 % )
PREV CLOSE(Rs.) 717.60
OPEN PRICE (Rs.) 713.45
BID PRICE (QTY) 732.00 (713 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 8977174
TODAY'S LOW / HIGH(Rs.) 710.00 733.90
52 WK LOW / HIGH (Rs.)580.5 827.75

Company News

Date Heading Details
06-Dec-2019 Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) This is to inform you that Shri Jairam Sridharan, Group Executive & Chief Financial Officer and Key Managerial Personnel of the Bank, has today informed the Bank that he would like to pursue other career opportunities and as such has resigned from the services of the Bank. Shri Jairam Sridharan will continue to serve as the Group Executive & Chief Financial Officer of the Bank under his notice period of three months. Kindly note that the Bank, under guidance from Nomination & Remuneration Committee and the Audit Committee of Board, has initiated the succession plan for the said post and a suitable candidate will be appointed in due course and we will keep you posted on the same. The Bank places on record its appreciation for the invaluable contribution provided by Shri Jairam Sridharan during his tenure as the Group Executive & Chief Financial Officer of the Bank and we wish him the very best in his future endeavors.
06-Dec-2019 CHANGE IN NAME OF REGISTRAR AND SHARE TRANSFER AGENT (RTA) FROM 'KARVY FINTECH PRIVATE LIMITED' TO 'KFIN TECHNOLOGIES PRIVATE LIMITED' We have been intimated by our RTA that their name has changed from 'KARVY FINTECH PRIVATE LIMITED' to 'KFIN TECHNOLOGIES PRIVATE LIMITED' w.e.f. 5th December 2019. You are requested to update the aforesaid change in your records and bring it to the notice of all concerned.
03-Dec-2019 Axis Bank launches wealth management product for ultra-rich <p align="justify">Axis Bank has launched wealth management product aimed at the growing numbers of the ultra-rich. The new product is targeted at those who can deliver a ‘relationship value' of over Rs 5 crore, as against the earlier Rs 30 lakh under the five-year-old old product. Meanwhile, the bank also launched a three-in-one card--credit, debit and forex card.</p><p align="justify">Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.<br></p>
02-Dec-2019 Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS We are pleased to inform that the Bank has allotted 63,725 equity shares of Rs. 2/- each of the Bank on 2nd December 2019, pursuant to exercise of stock options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 563,89,78,606 (281,94,89,303 equity shares of Rs. 2/- each) to Rs. 563,91,06,056 (281,95,53,028 equity shares of Rs. 2/- each). You are requested to take the above on record.
02-Dec-2019 Axis Bank more than doubles loan provisions for stressed sectors <p align="justify">Axis Bank is setting aside more capital, more than twice over the regulatory requirements, for loans in sectors it has identified as ‘stressed'. The bank is maintaining a standard asset provisioning of 1 percentage point for bad loans in such sectors, as against the regulatory provision of 0.40 percent.<br></p><p align="justify">The move, which is being followed at least since April, comes amid continuing concerns on high quantum of non-performing assets in its book. The high level of NPAs and the ensuing provisioning have impacted the profits of a majority of lenders, including the bank, over the past four years.<br></p><p align="justify">Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.<br></p>
02-Dec-2019 Axis Bank offers free door-step delivery of FASTags <p align="justify">Axis Bank is offering free door-step delivery of FASTags and anytime-anywhere recharge, with FASTag all set to become mandatory on all national highway toll plazas from December 1, 2019. Customers can opt for an online issuance of FASTag, or apply for it in any of the 4200 plus branches of Axis Bank spread across the country.<br></p><p align="justify">Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.<br></p>
30-Nov-2019 Axis Bank informs about schedule of analyst meeting <p align="justify">Axis Bank has informed about submission of the schedule of Analyst / Investor meeting / interactions held at Mumbai on 29th November 2019, in terms of disclosure under Regulation 30 read with Para A of Schedule lll and Regulation 46(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The same is being uploaded on the website of the Bank www.axisbank.com.&nbsp;<p align="justify">The above information is a part of company's filings submitted to BSE.</p>
28-Nov-2019 Axis Bank makes tags free for vehicle-owners for first few months <p align="justify">Axis Bank has made the tags free for vehicle-owners for the first few months, in a sign of competition on bagging the Fastag-related business hotting up among lenders. A lender gets 1.5 percent of a transaction/toll amount as a fee if it has set up the chip-reader at the toll plaza and around 1 percent if the vehicle is on-boarded by it.</p><p align="justify">Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.<br></p>
26-Nov-2019 Axis Bank submits schedule of analyst meeting <p align="justify">Axis Bank has informed about submission of the schedule of Analyst / Investor meeting/ interactions held at Mumbai on 25th November 2019, in terms of Regulation 30 read with Para A of Schedule lll and Regulation 46(2) of the Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015. The same is being uploaded on the website of the Bank www.axisbank.com.&nbsp;<p align="justify">The above information is a part of company's filings submitted to BSE.</p>
25-Nov-2019 Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS We are pleased to inform that the Bank has allotted 14,600 equity shares of Rs. 2/- each of the Bank on 25th November 2019, pursuant to exercise of stock options under its ESOP Scheme. The paid up share capital of the Bank will accordingly increase from Rs. 563,89,49,406 (281,94,74,703 equity shares of Rs. 2/- each) to Rs. 563,89,78,606 (281,94,89,303 equity shares of Rs. 2/- each).

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