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Axis Bank Ltd (AXBK.NS)

AXBK.NS on National Stock Exchange of India

502.30INR
6:27am EDT
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Rs0.60 (+0.12%)
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Rs501.70
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Thu, May 18 2017

BRIEF-India's Axis Bank cuts home loan rates by 30 bps

May 18 Axis Bank Ltd * Says reduces its home loan rates by 30 bps Source text for Eikon: Axis Bank, India's third largest private sector bank today announced a reduction in its home loan interest rates by 30 bps. Taking forward its commitment towards affordable housing finance, the bank has revised its rates for home loans up to Rs 30 lacs for the salaried segment to 8.35%, the lowest in the industry. The revised rate will be available with effect from May 16, 2017. Axis Ba

BRIEF-Axis Bank keeps MCLRs unchanged

* Says decided to keep MCLRs of bank unchanged; effective from 18th May, 2017 Source text for Eikon: Further company coverage:

UPDATE 1-India's Axis Bank says "worst is behind" as Q4 beats estimates

* Profit 12.25 bln rupees, down 43 pct y/y, vs 9.51 bln estimate

BRIEF-Axis Bank sees FY18 credit cost at between 175 bps and 225 bps

* Exec says doesn't intend to continue with "watch list" construct beyond FY18

India's Axis Bank Q4 profit falls less than expected

MUMBAI, April 26 Axis Bank Ltd, India's third-biggest private sector lender by assets, reported a smaller-than-expected 43 percent fall in fourth-quarter net profit, with its bad-loan ratio narrowing quarter-on-quarter.

BRIEF-Axis Bank March-qtr profit down about 43 pct

* March quarter interest earned 111.68 billion rupees versus 108.99 billion rupees year ago

BRIEF-Axis Bank keeps MCLRs of bank unchanged

* Says keeps 1 year MCLR at 8.25 percent w.e.f. April 18 Source text for Eikon: Further company coverage:

BRIEF-Axis Bank updates on CBI booking officials on deposits post demonetization

* Axis Bank Ltd clarifies on news item "CBI books Axis Bank officials for Rs 100.57 crore deposits post demonetization"

UAE's Aster DM Healthcare agrees $295 mln loan with Axis Bank

DUBAI, April 11 United Arab Emirates-based Aster DM Healthcare has agreed a $295 million credit facility with India's Axis Bank, the healthcare company said in a statement.

BRIEF-Axis Bank signs deal with GUS Holdings B.V. for sale of 10 pct of Experian India

* Says signed deal with GUS Holdings B.V. for sale of 10 percent shares of Experian India to GUS Holdings at INR 45.7 per share

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