News for 'axis-bank'

Sensex snaps 10-session winning run, drops 264 points

Sensex snaps 10-session winning run, drops 264 points

Rediff.com6 Jan 2021

ITC was the top laggard in the Sensex pack, shedding around 3 per cent, followed by Reliance Industries, Bajaj Finance, Axis Bank, HUL and HCL Tech. On the other hand, PowerGrid, Bharti Airtel, ONGC and UltraTech Cement were among the gainers. NSE Nifty fell 53.25 points to 14,146.25.

Sensex drops 171 points; Nifty ends below 11,300

Sensex drops 171 points; Nifty ends below 11,300

Rediff.com9 Sep 2020

SBI was the top loser in the Sensex pack, shedding over 4 per cent, followed by Bajaj Finserv, Axis Bank, ONGC, ITC, ICICI Bank, Bajaj Finance, Kotak Bank and HDFC Bank.

HDFC Bank's Kaizad Bharucha took home the most among bankers in FY22

HDFC Bank's Kaizad Bharucha took home the most among bankers in FY22

Rediff.com10 Aug 2022

Kaizad Bharucha, executive director of HDFC Bank, emerged the highest earning banker for 2021-22 (FY22). This was revealed in a remuneration assessment of the country's top bankers, according to annual reports. Bharucha, who oversees wholesale banking at HDFC Bank, received Rs 10.64 crore remuneration in FY22, mainly due to Rs 4.46 crore as performance bonus. Although earned between 2017-18 and 2020-21 (FY21), the bonus payout was partly paid in FY22.

Markets surge to lifetime highs; Nifty breaches 13,000-mark

Markets surge to lifetime highs; Nifty breaches 13,000-mark

Rediff.com24 Nov 2020

Axis Bank was the top gainer in the Sensex pack, surging around 4 per cent, followed by M&M, HDFC Bank, ITC, SBI, ICICI Bank, Maruti, Kotak Bank and Sun Pharma. On the other hand, HDFC, Titan, Nestle India, Bharti Airtel, ONGC and Infosys were among the laggards.

Sensex, Nifty scale new peaks, log gains for 5th day

Sensex, Nifty scale new peaks, log gains for 5th day

Rediff.com29 Dec 2020

On the Sensex chart, IndusInd Bank, Axis Bank, Tech Mahindra, HDFC, ICICI Bank, HCL Tech, HDFC Bank, SBI and ITC were prominent gainers.

Sensex ends 3-day rally; falls below 51,000

Sensex ends 3-day rally; falls below 51,000

Rediff.com4 Mar 2021

On the Sensex chart, HDFC, L&T, SBI, Axis Bank, Bajaj FinServ and HDFC Bank were major laggards - dropping up to 2.62 per cent. NSE Nifty closed with a loss of 164.85 points at 15,080.75.

Sensex, Nifty end marginally higher in choppy trade

Sensex, Nifty end marginally higher in choppy trade

Rediff.com13 Oct 2020

HCL Tech was the top gainer in the Sensex pack, rising around 4 per cent, followed by Kotak Bank, Infosys, Reliance Industries, UltraTech Cement and Tech Mahindra. On the other hand, Titan, Sun Pharma, ICICI Bank, Axis Bank, SBI and Bajaj Finance were among the main laggards.

After two-day selloff, Sensex surges 497 pts at close

After two-day selloff, Sensex surges 497 pts at close

Rediff.com21 Dec 2021

HCL Tech was the top gainer in the Sensex pack, rising around 3 per cent, followed by Tech Mahindra, Tata Steel, Wipro, NTPC and Titan. Nifty advanced 187.05 points to 16,801.25.

Bank rally helps Sensex zoom 1,030 points in extended trade

Bank rally helps Sensex zoom 1,030 points in extended trade

Rediff.com24 Feb 2021

Axis Bank was the top gainer in the Sensex pack, surging around 5 per cent, followed by HDFC twins, ICICI Bank, Bajaj Finance and SBI. NSE Nifty zoomed 274.20 points to end at 14,982.

Sensex ends 86 points higher; Nifty tops 12,700-mark

Sensex ends 86 points higher; Nifty tops 12,700-mark

Rediff.com13 Nov 2020

Bajaj Finserv was the top gainer in the Sensex pack, rising around 4 per cent, followed by Tata Steel, ICICI Bank, Axis Bank, Bajaj Finance and SBI. On the other hand, L&T, HDFC twins, Tech Mahindra, Bharti Airtel, M&M and TCS were among the laggards.

Realty, auto, metal stocks drag Sensex down by 550 points

Realty, auto, metal stocks drag Sensex down by 550 points

Rediff.com18 Jan 2022

Equity benchmark Sensex plunged by 554.05 points on Tuesday, tracking deep losses in realty, auto and metal stocks amid widespread selling pressure in global markets. The 30-share index slumped by 554.05 points or 0.90 per cent to end at 60,754.86. The broader NSE Nifty fell by 195.05 points or 1.07 per cent to 18,113.05.

HDFC twins, TCS, RIL drag Sensex down 575 points

HDFC twins, TCS, RIL drag Sensex down 575 points

Rediff.com7 Apr 2022

Equity benchmark Sensex tumbled over 575 points on Thursday, tracking heavy losses in index-heavyweights HDFC twins, TCS and Reliance Industries amid a weak trend in global markets. Declining for the third straight day, the 30-share Sensex slumped 575.46 points or 0.97 per cent to settle at 59,034.95. During the day, it tanked 633.06 points or 1.06 per cent to 58,977.35. The broader Nifty-50 also declined 168.10 points or 0.94 per cent to close at 17,639.55.

Markets inch up to fresh highs; HDFC twins sparkle

Markets inch up to fresh highs; HDFC twins sparkle

Rediff.com15 Dec 2020

Bajaj Finance was the top gainer in the Sensex pack, surging around 5 per cent, followed by Bajaj Finserv, HDFC, Tech Mahindra, HDFC Bank, UltraTech Cement and Tata Steel. On the other hand, HUL, Nestle India, ICICI Bank, Axis Bank, SBI, TCS and ITC were among the laggards.

Fund-raises by fintechs slowed by 47% in 2022

Fund-raises by fintechs slowed by 47% in 2022

Rediff.com20 Mar 2023

Recently, Slice, a payment app, acquired a 5 per cent stake in North East Small Finance (NESF) for $3.42 million - the first such deal by a fintech in a small finance bank. Slice (valued at $1.5 billion, and backed by Tiger Global, Blume Ventures and Axis Bank) will technically get a toehold in a scheduled commercial bank if NESF were to get a licence to morph into one down the line Such a transition is well within the banking regulator's declared framework. The transaction has to be seen in a larger context.

Sensex soars past 52K; Nifty tops 15,300

Sensex soars past 52K; Nifty tops 15,300

Rediff.com15 Feb 2021

IndusInd Bank was the top gainer in the Sensex pack, rising around 2 per cent, followed by Axis Bank, HDFC, ICICI Bank, HDFC Bank, Kotak Bank and SBI. On the other hand, ONGC, Tech Mahindra, NTPC, Sun Pharma and TCS were among the laggards.

Sensex ends 144 pts higher; financial stocks sparkle

Sensex ends 144 pts higher; financial stocks sparkle

Rediff.com2 Nov 2020

IndusInd Bank was the top gainer in the Sensex pack, rallying around 7 per cent, followed by ICICI Bank, Axis Bank, HDFC, Bharti Airtel, SBI, Bajaj Finance and HDFC Bank. On the other hand, RIL was the top laggard, crashing over 8 per cent. HCL Tech, TCS, Tata Steel, Asian Paints, Bajaj Auto, Maruti and UltraTech Cement also ended in the red.

Sensex tumbles 300 pts; Nifty ends below 11,200

Sensex tumbles 300 pts; Nifty ends below 11,200

Rediff.com22 Sep 2020

Maruti was the top loser in the Sensex pack, shedding around 3 per cent, followed by L&T, IndusInd Bank, Axis Bank, ONGC, Reliance Industries, Asian Paints and HDFC. On the other hand, HCL Tech, TCS, Sun Pharma and Tech Mahindra were among the gainers.

Sensex drops 132 pts after RBI policy; banking stocks drag

Sensex drops 132 pts after RBI policy; banking stocks drag

Rediff.com4 Jun 2021

Nestle India was the top laggard in the Sensex pack, shedding around 2 per cent, followed by SBI, HDFC Bank, Axis Bank, ICICI Bank, Reliance Industries, HUL and Dr Reddy's. NSE Nifty slipped 20.10 points to 15,670.25.

'Cheaper, faster, safer': India, Singapore launch real-time payments link

'Cheaper, faster, safer': India, Singapore launch real-time payments link

Rediff.com22 Feb 2023

In the first such collaboration for India, the country's flagship payments platform, the Unified Payments Interface (UPI), and Singapore's PayNow payment system have launched a real-time cross-border payment linkage system. The linkage, which was launched by Prime Minister (PM) Narendra Modi and Singapore's PM Lee Hsien Loong on Tuesday, was kicked off by a live cross-border transaction between Reserve Bank of India Governor Shaktikanta Das and Monetary Authority of Singapore managing director Ravi Menon, using mobile phones.

Sensex drops 110 pts; RIL, IT stocks weigh

Sensex drops 110 pts; RIL, IT stocks weigh

Rediff.com27 Nov 2020

PowerGrid was the top laggard in the Sensex pack, shedding over 2 per cent, followed by HCL Tech, ONGC, M&M, Axis Bank, TCS, Reliance Industries and Infosys. On the other hand, Asian Paints, Titan, Tata Steel, Bajaj Finance and Bajaj Auto were among the gainers.

Sensex soars 646 pts as Reliance Industries hits fresh high

Sensex soars 646 pts as Reliance Industries hits fresh high

Rediff.com10 Sep 2020

Asian Paints, Axis Bank, UltraTech Cement, IndusInd Bank and Bajaj Finance were also among the gainers. The NSE Nifty rallied 171.25 points or 1.52 per cent to 11,449.25.

Sensex plunges 634 points; Nifty cracks below 11,350

Sensex plunges 634 points; Nifty cracks below 11,350

Rediff.com4 Sep 2020

Axis Bank was the top loser in the Sensex pack, shedding over 4 per cent, followed by Tata Steel, SBI, NTPC, Bharti Airtel, ITC and ICICI Bank.

Fitch revises outlook of SBI, 8 other banks to negative

Fitch revises outlook of SBI, 8 other banks to negative

Rediff.com22 Jun 2020

The rating agency revised the outlook for EXIM, SBI, Bank of Baroda, Bank of Baroda (New Zealand), Bank of India, Canara Bank, Punjab National Bank, ICICI Bank, Axis Bank while affirming their ratings. At the same time, Fitch has affirmed IDBI Bank Ltd's (IDBI) rating, while maintaining the outlook at negative.

Markets end flat as bulls take a breather

Markets end flat as bulls take a breather

Rediff.com10 Dec 2021

Titan was the top laggard in the Sensex pack, shedding 1.39 per cent, followed by HDFC, Axis Bank, Kotak Bank, HCL Tech and Tech Mahindra. On the other hand, Asian Paints, SBI, M&M, TCS, Bajaj Finserv and ICICI Bank were among the winners, spurting as much as 3.25 per cent.

Sensex tanks 580 pts; Nifty drops below 12,800

Sensex tanks 580 pts; Nifty drops below 12,800

Rediff.com19 Nov 2020

SBI was the top laggard in the Sensex pack, tumbling around 5 per cent, followed by Axis Bank, ICICI Bank, UltraTech Cement, Bajaj Finance, HDFC Bank and Bharti Airtel. On the other hand, PowerGrid, ITC, NTPC, Tata Steel and Titan were among the gainers.

Beware of EMI moratorium frauds!

Beware of EMI moratorium frauds!

Rediff.com9 Apr 2020

In such frauds customers get calls asking them to share their OTP in order to postpone their loan EMIs. Once the OTP is shared the amount is immediately siphoned away by fraudsters.

New recurring payment norms: 4 weeks later, people still face disruptions

New recurring payment norms: 4 weeks later, people still face disruptions

Rediff.com28 Oct 2021

More than three weeks have passed since the Reserve Bank of India's (RBI's) new guidelines on e-mandates for recurring payments came into effect but consumers are still taking to social media platforms to complain about the disruptions they are facing. This comes as most stakeholders in the ecosystem have not put in place systems in accordance with the new rules, resulting in many transactions not going through. Industry sources said most banks are still not ready, especially the smaller ones.

Sensex ends 167 points lower; Yes Bank cracks 5%

Sensex ends 167 points lower; Yes Bank cracks 5%

Rediff.com12 Sep 2019

Top other laggards in the Sensex pack included Tata Motors, Maruti, Axis Bank, Bharti Airtel, RIL, NTPC, Bajaj Auto, Asian Paints, ITC, Kotak Bank, Bajaj Finance and TCS, falling up to 5.10 per cent.

Sensex, Nifty end marginally lower after choppy trade

Sensex, Nifty end marginally lower after choppy trade

Rediff.com29 Sep 2020

ONGC was the top loser in the Sensex pack, shedding around 3 per cent, followed by IndusInd Bank, PowerGrid, Axis Bank, HCL Tech, NTPC and ITC. On the other hand, UltraTech Cement, TCS, Tata Steel, Titan and HDFC were among the gainers.

Sensex, Nifty end marginally lower; L&T rallies over 4%

Sensex, Nifty end marginally lower; L&T rallies over 4%

Rediff.com13 Aug 2020

Bharti Airtel was the top laggard in the Sensex pack, shedding over 2 per cent, followed by Sun Pharma, ITC, SBI, Axis Bank, HDFC twins and Nestle India.

Superseding boards of two Srei cos won't roil markets

Superseding boards of two Srei cos won't roil markets

Rediff.com13 Oct 2021

Superseding the boards of two non-banking financial companies (NBFCs) in the Srei group will neither create liquidity challenges for sound entities, nor build systemic crises because the markets have factored in the problems with the Kolkata-based firms. Such regulatory steps will help in making the NBFC space more robust, bankers and market experts said. The action should have begun earlier because the Reserve Bank of India (RBI) had done a special audit last financial year and asked the group to make provisions for assets considered stressed, analysts said.

Sensex ends down 150 points in volatile trade

Sensex ends down 150 points in volatile trade

Rediff.com29 Jun 2022

Benchmark indices started the trade on a weak note on Wednesday with the Sensex falling 564.77 points, following feeble global market trends and persistent foreign capital outflows. The 30-share BSE Sensex was trading 564.77 points lower at 52,612.68. The NSE Nifty dipped 162.4 points to 15,687.80. Among the Sensex pack, IndusInd Bank, Hindustan Unilever, Bajaj Finserv, Titan, Kotak Mahindra Bank and Bajaj Finance were the major laggards in early trade.

Sensex, Nifty end flat on mixed global trends

Sensex, Nifty end flat on mixed global trends

Rediff.com12 Jul 2021

Bharti Airtel was the top loser in the Sensex pack, slipping around 1 per cent, followed by Tata Steel, HDFC Bank, Infosys, HDFC, Bajaj Auto and PowerGrid.

Sensex rallies 529 points; Nifty tops 13,700

Sensex rallies 529 points; Nifty tops 13,700

Rediff.com24 Dec 2020

Axis Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by Sun Pharma, Reliance Industries, ONGC, HDFC, ICICI Bank, Kotak Bank and Bharti Airtel. On the other hand, Infosys, IndusInd Bank, HCL Tech, Nestle India and Tech Mahindra were among the laggards.

Investors' wealth zooms Rs 5.36 lakh cr

Investors' wealth zooms Rs 5.36 lakh cr

Rediff.com4 Jan 2022

Equity investors are a happy lot as their wealth jumped by over Rs 5.36 lakh crore in the first two days of trading in the New Year, driven by optimism in the broader market amid firm global cues. The 30-share Sensex zoomed 672.71 points or 1.14 per cent to settle at 59,855.93 on Tuesday. The benchmark had jumped 929.40 points or 1.60 per cent to close at 59,183.22 on Monday, the first trading day of 2022.

Sensex tanks 1,407 pts as new COVID-19 strain in UK triggers global selloff

Sensex tanks 1,407 pts as new COVID-19 strain in UK triggers global selloff

Rediff.com21 Dec 2020

All Sensex components ended in the red, with ONGC leading the pack by tanking around 9 per cent. IndusInd Bank, M&M, SBI, NTPC, ITC, Axis Bank and PowerGrid shed up to 7 per cent.

Sensex rallies 354 points as bank stocks soar

Sensex rallies 354 points as bank stocks soar

Rediff.com28 Aug 2020

IndusInd Bank was the top gainer in the Sensex pack, spurting over 8 per cent, followed by Axis Bank, ICIC Bank, Sun Pharma, SBI and Kotak Bank.

Financial stocks drag Sensex down 143 points at close

Financial stocks drag Sensex down 143 points at close

Rediff.com10 Jul 2020

Axis Bank was the top loser in the Sensex pack, skidding over 3 per cent, followed by IndusInd Bank, Titan, HDFC, ICICI Bank, ONGC and HDFC Bank. On the other hand, Reliance Industries, Sun Pharma, HUL, Bharti Airtel and TCS were among the gainers.

Sensex rallies 495 points to cross 46k for first time

Sensex rallies 495 points to cross 46k for first time

Rediff.com9 Dec 2020

Asian Paints was the top gainer in the Sensex pack, rising around 3 per cent, followed by Kotak Bank, Axis Bank, HDFC Bank, Infosys, Reliance Industries and ITC. Broader NSE Nifty rallied 136.15 points or 1.02 per cent to its new record high of 13,529.10.

Index heavyweights drag Sensex down 102 points

Index heavyweights drag Sensex down 102 points

Rediff.com22 Oct 2021

ITC was the top loser in the Sensex pack, slipping over 3 per cent, followed by Maruti, Infosys, NTPC, HCL Tech and Tata Steel. NSE Nifty shed 63.20 points to close at 18,114.90.