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Last $33.75 USD
Change Today 0.00 / 0.00%
Volume 0.0
AXBA On Other Exchanges
Natl India
As of 12:00 PM 07/22/15 All times are local (Market data is delayed by at least 15 minutes).

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axis bank ltd-144a gdr (AXBA) Details

AXIS Bank Limited provides financial services to large and mid-corporates, MSME, agriculture, and retail businesses in India and internationally. The company operates through four segments: Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. It offers savings, current, and salary accounts, as well as accepts fixed, flexi, tax saver fixed, and recurring deposits. The company also provides home, personal, car, gold, and education loans, as well as loans against properties, securities, fixed deposits, and shares; and small and medium enterprise loans. In addition, it also offers safe deposit locker services; foreign exchange services; investment products; and insurance products, such as life, health, business guard, home, travel, and motor. Further, the company’s treasury operations include investments in sovereign and corporate debt, investments in equity and mutual funds, trading operations, and 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 non-resident Indians services. Additionally, its corporate/wholesale banking services include corporate advisory services, placements and syndication, project appraisals, capital market related services, and cash management services. The company also provides banking solutions to farmers, including accounts, loans, microfinance, rural banking, and financial inclusion services. As of March 31, 2015, it had a network of 2,589 branches and extension counters, and 12,355 ATMs situated in 1,714 centers and 552 districts. 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-144a gdr (AXBA) Top Compensated Officers

Chief Executive Officer, Managing Director, D...
Total Annual Compensation: 37.6M
President, Chief Financial Officer, Executive...
Total Annual Compensation: 17.0M
Head of Corporate Banking, Executive Director...
Total Annual Compensation: 24.1M
Compensation as of Fiscal Year 2015.

axis bank ltd-144a gdr (AXBA) Key Developments

Axis Bank Limited Announces Allotment of Unsecured Redeemable Non Convertible Subordinated Debentures (Series - 23)

Axis Bank Limited announced that the board of directors of the Bank vide resolution passed by circulation on September 30, 2015 allotted 15,000 Unsecured Redeemable Non Convertible Subordinated Debentures (Basel - Ill Compliant Tier II Debentures) (Series - 23) of the face value of INR 1 million each for cash at par aggregating to INR 15,000 million on a private placement basis. The said Debentures will be listed on the Wholesale Debt Market segment.

The Center Seeks Not To Sell Stake In Hindustan Zinc, Balco, Axis Bank, Larsen & Toubro and ITC Soon

The Government of India’s stakes in Hindustan Zinc Ltd. (BSE: 500188), Bharat Aluminium Company Limited, AXIS Bank Limited(BSE: 532215), Larsen & Toubro Limited (BSE: 5500510) and ITC Limited (NSEI: ITC) have been part of its disinvestment plans for years, though hardly ever has any sale been carried out. That stance is now likely to change with these stakes being seen as a longer term investment. Not only may the government not offload its stake in these companies this fiscal, but may hold on to them in the longer term as well. Senior government officials say that there are two reasons why a sale would not happen this year, and even over the next couple of financial years. Firstly, after a number of years of fiscal scares contained only by slashing expenditures, 2015-16 indeed looks very comfortable due to savings on subsidies on back of lower commodity prices, and due to a impressive increase in indirect tax collections.

AXIS Bank Limited Announces the Resignation of Ireena Vittal as Director

AXIS Bank Limited announced that Smt. Ireena Vittal has resigned as director of the bank, with effect from August 23, 2015.


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