Axis Bank Q4FY24: Net profit at Rs 7,130 crore; NII grows 11% to Rs 13,089 cr
Mumbai: Axis Bank posted a net profit of Rs 7,130 crore in the fourth fiscal quarter, a significant turnaround from the Rs 5,762 crore loss in the same period last year following its acquisition of Citi Bank's India consumer division.
HDFC Bank and Yes Bank file third-party application provider request for Paytm UPI business
Mumbai: One97 Communications, the operator of the Paytm brand, along with private sector banks HDFC Bank and Yes Bank jointly submitted an application to become a third-party application provider (TPAP) for the Unified Payments Interface (UPI) mobile payments platform under the National Payments Corporation of India (NPCI).
Paytm transfers nodal account to Paytm Payments Bank to Axis Bank
Mumbai: One97 Communications, the parent company of Paytm, has transferred its nodal account from Paytm Payments Bank to Axis Bank.
Axis Bank net profit rises 4% YoY to Rs 6,071 cr in Q3FY24
New Delhi/UNI: Private sector lender Axis Bank on Tuesday reported a 4% year-on-year rise in profit at Rs 6,071 crores for the October-December quarter (Q3) of the current financial year 2023-24.
Axis Bank reports Rs 5,864 cr Q2FY24 net profit, up 10% YoY; NII grows 19%
Mumbai: Private sector lender Axis Bank on Wednesday reported a net profit of Rs 5,864 crore for the July-September FY24 quarter, a 10 percent increase from Rs 5,330 crore recorded a year ago.
Mumbai: The Competition Commission of India (CCI) has imposed a penalty of Rs 40 lakh on Axis Bank for its failure to inform the regulator about its acquisition of a stake in CSC e-Governance, media reports said.
Axis Bank partners with RBI Innovation Hub to launch Kisan Credit cards and MSME loans
Kolkata: Axis Bank on Thursday announced the launch of two lending products powered by the Public Tech Platform for Frictionless Credit (PTPFC), introduced by the Reserve Bank Innovation Hub (RBIH), a wholly-owned subsidiary of the RBI.
Flipkart partners with Axis Bank to facilitate personal loans for customers
Bengaluru: E-commerce marketplace Flipkart has entered into a strategic partnership with private sector lender Axis Bank to facilitate personal loans for its valued customers, adding additional convenience and enhanced benefits to its 450 million customers.
Axis Bank enables RuPay Credit Card support on UPI
Mumbai: India’s third largest private sector lender Axis Bank on Monday announced that it has successfully enabled RuPay Credit Card support on UPI.
Axis Bank completes Citibank India's consumer business buyout for Rs 11,600 cr
Mumbai/IBNS: Axis Bank, India's fourth largest private sector bank, has acquired Citibank India's consumer business at Rs 11,603 crore.
Axis Bank enables settlement of cross border transactions in real-time through UPI network
New Delhi: Private bank lender Axis Bank on Tuesday said it has successfully enabled cross-border transactions in real-time via the UPI Network.
Axis Bank launches an enhanced Rewards Redemption Program with 13 loyalty program partners
Mumbai: Private sector lender Axis Bank announces the launch of its enhanced rewards program in association with airline and hotel loyalty programs across the industry.
Axis Bank is a private-sector bank in India. It was founded in 1993 as UTI Bank and was later renamed Axis Bank in 2007. The bank was established with the goal of providing specialized financial services in the areas of investment banking, corporate banking, and retail banking.
Kolkata: Axis Bank, in line with its ‘DilSeOpen’ philosophy partners with Tata AIG, to offer Group Medicare products for its new customers from the LGBTQIA+ Community.
Kolkata: Private sector bank Axis Bank has rolled out Splash - a Pan-India competition on Arts, Craft and Literature for children between the age group of 7-14 years.