Last 407.65 INR
Change Today +2.35 / 0.58%
Volume 5.4M
AXSB On Other Exchanges
Natl India
As of 7:05 AM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

axis bank ltd (AXSB) Snapshot

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09/11/14 - 423.80
52 Week Low
09/30/13 - 199.03
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Current Stock Chart for AXIS BANK LTD (AXSB)

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axis bank ltd (AXSB) Details

Axis Bank Limited provides corporate and retail banking services in India and internationally. The company operates in four segments: Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. Its deposit products include savings accounts, current accounts, and salary accounts, as well as fixed deposits, flexi deposits, tax saver fixed deposits, and recurring deposits. The company’s loan products comprise home loans, car loans, education loans, personal loans, loans against shares and security, loans against property and gold, and loans against fixed deposits for individuals. It also offers safe deposit locker services; foreign exchange services; investment products; and life, home, motor, health, travel, and business guard insurance products. The company’s treasury operations include investments in sovereign and corporate debt, investments in equity and mutual funds, trading operations, derivative trading, and foreign exchange operations; and retail banking services comprise lending to individuals/small businesses, liability products, card services, Internet banking, mobile banking, ATM services, depository, financial advisory services, and NRI services. Its corporate/wholesale banking services include corporate advisory services, placements and syndication, project appraisals, capital market related services, and cash management services. As of March 31, 2014, the company had a network of 2,402 domestic branches and extension counters, and 12,922 ATMs situated in 1,636 centres. The company also has branches in Singapore, Hong Kong, Dubai, Colombo, Shanghai, and Abu Dhabi. Axis Bank Limited was incorporated in 1993 and is based in Mumbai, India.

9,980 Employees
Last Reported Date: 07/5/07
Founded in 1993

axis bank ltd (AXSB) Top Compensated Officers

Managing Director, Chief Executive Officer, D...
Total Annual Compensation: 29.7M
Head of Corporate Banking, Executive Director...
Total Annual Compensation: 18.9M
Compensation as of Fiscal Year 2014.

axis bank ltd (AXSB) Key Developments

AXIS Bank Limited Appoints Sanjeev Kumar Gupta as Executive Director, Effective from 4 September, 2014

AXIS Bank Limited announced that the Board at its meeting held on 27 June, 2014 has decided to appoint Shri Sanjeev Kumar Gupta, President & CFO as an Executive Director of the Bank with effect from the date as approved by Reserve Bank of India. The company announced that the Bank has received approval of Reserve Bank of India and accordingly, Shri Sanjeev Kumar Gupta has taken charge as Executive Director with effect from 4 September, 2014.

Government Plans To Privatize Stake In ITC, L&T And AXIS Bank

The government is moving faster to sell its stake in AXIS Bank Limited (BSE:532215), Larsen & Toubro Limited (BSE:500510) and ITC Limited (BSE:500875) to mobilise revenues. It is initiating steps to set up a new ETF in order to sell stake. The proposed ETF will also have other public sector company stocks. Finance ministry will soon invite bids from merchant bankers to advise the government on new ETF. The point here is not to go in for an all out stake sale in these companies, but instead do it in small tranches, hence the proposal for an ETF model. The government shed its stake in Axis Bank to around 10% in financial year 2014 and the plan was not to sell any further stock in financial year 2015. Having said that just for one stock the idea has been for some time to come out with a new exchange traded fund. The government might also seek nod from the cabinet and start discussion with SEBI in terms of further procedures on this.

AXIS Bank Limited Presents at India Investor Forum, Sep-08-2014

AXIS Bank Limited Presents at India Investor Forum, Sep-08-2014 . Venue: BAML Office, 2 King Edward Street, London, United Kingdom.


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