News: Axis Bank Ltd (AXBK.NS)

AXBK.NS on National Stock Exchange of India

377.70INR
6:29am EDT
Price Change (% chg)

Rs-8.35 (-2.16%)
Prev Close
Rs386.05
Open
Rs385.00
Day's High
Rs385.65
Day's Low
Rs376.45
Volume
4,660,370
Avg. Vol
3,989,285
52-wk High
Rs423.80
52-wk Low
Rs199.03

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Tue, Apr 1 2014

India cbank halts further FII share purchase in Axis Bank as limit breached

NEW DELHI, April 1 - India's central bank said on Tuesday foreign institutional investors will not be allowed to buy additional shares in Axis Bank Ltd as the total holding by the investors had breached the overall limit of 49 percent of the lender's paid-up capital. (Reporting by Devidutta Tripathy, editing by Suvashree Dey Choudhury)

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