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Axis Bank Ltd (AXBK.NS)

AXBK.NS on National Stock Exchange of India

21 Oct 2016
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Rs-13.95 (-2.58%)
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Thu, Oct 20 2016

BRIEF-Axis Bank allotted NCDs worth 50 bln rupees

* Axis Bank Ltd says allotted 50,000 senior unsecured redeemable NCDs aggregating to INR 50 billion Source text - http://bit.ly/2dssIV9 Further company coverage: (Bengaluru newsroom)

BRIEF-Axis Bank says co asking some customers to change debit card PINs after possible breach

* Says breach has occurred in case of customers who have used certain non Axis Bank ATMs

India's Axis Bank first-quarter profit hit by bad loan surge

MUMBAI, July 22 India's Axis Bank Ltd on Friday reported a surge in bad loans in its first quarter that pushed net profit down by a fifth but the bank said the growth in problem loans was in line with its expectations.

BRIEF-India approves proposal to raise foreign investment in Axis Bank to 74 pct from 62 pct

July 5 The Indian cabinet approved a proposal to rasie foreign investment in Axis Bank Ltd to 74 percent from 62 percent, Minister of Communications and Information technology, Ravi Shankar Prasad, said on Tuesday.

Fitch Rates Axis Bank's USD500m Green Bonds Final 'BBB-'

(The following statement was released by the rating agency) MUMBAI/SINGAPORE, May 24 (Fitch) Fitch Ratings has assigned India-based Axis Bank Ltd's (BBB-/Stable) USD500m senior unsecured notes due June 2021 a final rating of 'BBB-'. This follows the completion of the securities issue, as well as the receipt of final documents conforming to information previously received. The final rating is the same as the expected rating assigned on 22 May 2016. The notes will constitute direct, unconditio

Fitch Rates Axis Bank's Proposed First "Green Bonds"

(The following statement was released by the rating agency) MUMBAI/SINGAPORE, May 22 (Fitch) Fitch Ratings has assigned India-based Axis Bank Ltd.'s (BBB-/ Stable) proposed USD500m senior unsecured debt an expected rating of 'BBB-(EXP)'. The notes, which would be the first "Green Bond" (proceeds used only to fund environmentally friendly projects) issuance from the bank, and will constitute direct, unconditional, unsubordinated and unsecured obligations of the issuer. The notes will at all

India's Axis Bank expects more bad loans in FY17 as Q4 profit falls

MUMBAI, April 26 Axis Bank Ltd, India's third-biggest private sector lender by assets, said it expected bad loans to rise in the current financial year and credit costs to be sharply higher, after reporting a fall in fourth-quarter profit.

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