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Axis Bank revises interest rates for domestic fixed deposits below 2 crore

Axis Bank joins other lenders like ICICI Bank, Bank of India and RBL which have raised the interest rates on fixed deposits

Axis Bank's logo is seen next to ATM machines at its corporate headquarters in Mumbai.(REUTERS Photo)
Axis Bank's logo is seen next to ATM machines at its corporate headquarters in Mumbai.(REUTERS Photo)
Published on Oct 01, 2022 09:36 PM IST

Axis Bank eyes 10% stake in Go Digit life insurance business: Report

The move comes after India's biggest private lender HDFC Bank said in a stock exchange disclosure last week that it planned to buy a 9.94% stake in Go Digit Life for up to 700 million rupees ($9 million).

Axis is planning to take a 10% stake for around $9 million in Go Digit's upcoming life insurance business(Reuters file photo)
Axis is planning to take a 10% stake for around $9 million in Go Digit's upcoming life insurance business(Reuters file photo)
Published on Aug 30, 2022 04:35 PM IST
Reuters |

Axis Bank profit nearly doubles to 4,125 crore in April-June

Total income of the bank rose to ₹21,727.61 crore during April-June quarter of the current fiscal, compared to ₹19,361.92 crore in the year-ago period, Axis Bank said in a regulatory filing.

Total income of the bank rose to <span class='webrupee'>₹</span>21,727.61 crore during April-June quarter of the current fiscal. (Bloomberg file photo)
Total income of the bank rose to 21,727.61 crore during April-June quarter of the current fiscal. (Bloomberg file photo)
Published on Jul 25, 2022 05:45 PM IST
PTI |

Hike in Axis Bank service fee, SBI home loan interest: Key changes in June

Here are some new or revised financial rules that will take effect in June. Some of these will hit the pocket of the common man.

Representative Image
Representative Image
Published on May 28, 2022 04:56 PM IST
By, New Delhi

Axis to buy Citibank’s India biz for 12,325 crore

Bank to absorb 3,600 staff in the consumer biz of Citi, in deal that may close in a year.

As part of the deal, 3,600 Citi employees would be absorbed by Axis Bank at pay packages on par with their existing remuneration or better. 
As part of the deal, 3,600 Citi employees would be absorbed by Axis Bank at pay packages on par with their existing remuneration or better. 
Published on Mar 31, 2022 04:48 AM IST
ByShayan Ghosh, Mumbai
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