axis bank


PNB Fraud: Officials of other banks under scanner

Feb 18 2018

As investigations into the Rs 11,400 cr scam at PNB, officials at overseas branches of other banks, where the fraudulently issued LoUs were encashed, are under scanner.

Nirav Modi case: SBI discloses $212-mn exposure through PNB

Feb 16 2018

SBI today said it has an exposure of USD 212 mn in respect to LoUs issued by PNB to Nirav Modi, but does not have any direct exposure to the absconding jeweller designer.

PNB fraud case: Axis Bank says 'sold down' LoU transactions

Feb 15 2018

Axis Bank said it is an active participant in the secondary market for transactions against letters of undertaking and it "sold down" certain such dealings with PNB.

Punjab National Bank tanks 9 percent on Rs 11,400-crore scam

Feb 15 2018

Shares of PNB today extended its fall for the second straight session, falling as much as 9% in morning trade after the lender said it has detected a USD 1.77 bn fraud.

SBI picks right time to pivot, is well-positioned for growth

Feb 12 2018

Recently, SBI reported an unexpected dip into the red. It’s a poor start to the tenure of new Chairman Rajnish Kumar, but he has a good idea of where the bank is headed.

Sensex slump over 1,000 points, Nifty below 10,400

Feb 06 2018

Sensex languished on across the board sell-off, slumping 1,025 points points or 2.95 per cent in late morning deals crumbled by sharp losses in global markets.

ONGC ties-up with banks to part-fund HPCL acquisition

Jan 24 2018

Oil and gas explorer ONGC has entered into short-term loan agreements with three banks to part-fund its acquisition of HPCL.

Markets at new highs on earnings boost; RIL, ONGC surge

Jan 22 2018

Sensex ended 286.43 points, or 0.81 per cent higher at 35,798.01, smashing its previous record close of 35,511.58 reached on Friday.

Sensex range-bound in late-morning trade, Nifty above 10,900

Jan 22 2018

Caution crept in ahead of quarterly result to be released later which include key names like Axis Bank and Asian Paints.

Q3 earnings to guide stock markets in holiday-shortened week

Jan 21 2018

Earnings of bluechips like Axis Bank and Maruti Suzuki as well as derivatives expiry will dictate the market trend in a holiday-shortened week ahead, say experts.

Indian Markets


    33,774.66 236.10   (-0.69 %)

    10,378.40 73.90   (-0.71 %)

Global Markets


Stocks In News



To Issue Rs 8800 Cr worth equity shares on preferential basis to GoI

SBI puts Rs 1935 Cr worth loans up for sale to 24 entities

Seeks bids on cash basis or a mix of cash and security receipts

Approves Issue Price At Rs 300.82/Share For Preferential Issue To Govt

Financial Express Reports


Emerges as lowest bidder for Rs 1000 cr project

To set up Vindhychaal-Varanasi 765 KV transmission line

Financial Express Reports


Arm To Buy 65% Stake In Indian Film Combine Pvt For Rs 1,105 Cr

Arm To Also Buy 20% Of Indian Film Combine From Xander Group Arm, 45% from Co's Promoter Group


Announces successful regulatory inspection from USFDA for API Facility for Hyderabad Facility


Jan Domestic Air Passenger Traffic At 1.15 Cr, Up 19.7% YoY

Air India Jan Passenger Load Factor At 84.6% vs 81.8% MoM

Jet Airways Jan Passenger Load Factor At 88.7% vs 88.5% MoM

IndiGo Jan Passenger Load Factor At 89.7% vs 90.8% MoM

SpiceJet Jan Passenger Load Factor At 95.0% vs 95.6% MoM

Air India Jan Market Share At 13.3% vs 13.1% MoM

Jet Airways Jan Market Share At 14.3% vs 14.6% MoM

IndiGo Jan Market Share At 39.7% vs 39.4% MoM

SpiceJet Jan Market Share At 12.6% vs 12.7% MoM

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