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Axis Bank Ltd (AXBK.NS)

AXBK.NS on National Stock Exchange of India

497.15INR
17 Aug 2017
Change (% chg)

Rs-2.35 (-0.47%)
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Rs499.50
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Thu, Aug 3 2017

Fitch Rates Axis Bank's USD500m Senior Debt Final 'BBB-'

(The following statement was released by the rating agency) SINGAPORE/MUMBAI, August 03 (Fitch) Fitch Ratings has assigned Axis Bank Ltd.'s (BBB-/Stable) USD500 million five-year senior unsecured debt a final rating of 'BBB-'. This follows the completion of the securities issue and the receipt of final documents conforming to information previously received. The final rating is the same as the expected rating assigned on 31 July 2017. The notes will constitute Axis's direct, unconditional, unsu

BRIEF-Axis Bank says issues senior fixed rate bonds worth $500 mln under GMTN programme

* Says issues senior fixed rate bonds worth $500 million under GMTN programme Source text for Eikon: Further company coverage:

Fitch Rates Axis Bank's Proposed Senior Debt 'BBB-(EXP)'

(The following statement was released by the rating agency) SINGAPORE, July 31 (Fitch) Fitch Ratings has assigned Axis Bank Ltd.'s (BBB-/Stable) proposed senior unsecured debt an expected rating of 'BBB-(EXP)'. The notes will constitute Axis's direct, unconditional, unsubordinated and unsecured obligations and will at all times rank pari passu among themselves and with all of its other unsubordinated and unsecured obligations. The tenor of the issue is expected to be around five years and the no

India's Axis Bank extends CEO Shikha Sharma's term by 3 years

July 27 Axis Bank Ltd, India's seventh-biggest lender by assets, has re-appointed Shikha Sharma as its chief executive officer and managing director, putting to rest media speculation that she might be leaving the bank for another job.

BRIEF-India's Axis Bank approves re-appointment of Shikha Sharma as CEO

* Says approved re-appointment of Shikha Sharma as managing director & CEO of bank for a period of 3 years

UPDATE 1-India's Axis Bank agrees to buy payments wallet provider FreeCharge for $60 mln

MUMBAI, July 27 Axis Bank Ltd, India's seventh-biggest lender by assets, said on Thursday it had agreed to buy mobile payments wallet provider FreeCharge from e-commerce company Snapdeal for 3.85 billion rupees ($60.04 million).

India's Axis Bank agrees buy to payments wallet provider FreeCharge for $60 mln

MUMBAI, July 27 Axis Bank Ltd, India's seventh-biggest lender by assets, said on Thursday it had agreed to buy mobile payments wallet provider FreeCharge from e-commerce company Snapdeal for 3.85 billion rupees ($60.04 million).

BRIEF-Axis Bank to buy Freecharge

* Says entered into a share purchase agreement ('SPA') with Jasper Infotech Private Limited

UPDATE 2-India's Axis Bank sees progress on bad loans, smaller decline in profits

* Sees provisioning costs falling sharply in 2018/19 (Adds comments from CFO, details)

India's Axis Bank posts smaller-than-expected fall in Q1 net profit

July 25 Axis Bank, India's third-biggest private sector lender by assets, reported a smaller-than-expected fall in first-quarter net profit as its bad loan additions slowed.

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