Axis Bank Ltd. News and Updates

Name: Latest research reports of Axis Bank Ltd. authored by Angel Broking and published by - Trendlyne research reports.
Item: Axis Bank Ltd.
Rating: 5
Author: Angel Broking

Keep track of all breaking news on Axis Bank Ltd. from all sources in a single place.

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Axis Bank Ltd.

13 May 2019

Demonetisation: ED attaches over Rs 2 crore assets in Axis Bank PMLA case

Business Today

The ED had filed a criminal case in the matter based on an FIR filed by the Delhi Police after it seized Rs 3.70 crore in old notes of Rs 1,000 in 2016

Axis Bank Ltd. has an average target of 1302.77 from 13 brokers.

Note ban: ED attaches 2.96-cr assets in Axis Bank currency case

Business Line | 13 May 2019 2 more

Axis Bank Ltd.

03 May 2019, 01:09PM

Axis won't turn predominantly retail bank: Amitabh Chaudhry

Economic Times

We are trying various strategies to get the CASA engine back, says the Axis Bank CEO

Number of FII/FPI investors increased from 1551 to 1575 in Jun 2025 qtr.

Akshaya's Orlando township project secures 60 cr from Axis RERA fund

Business Line | 02 May 2019

Axis Bank Ltd.

03 May 2019

Axis Bank Ltd

Buy: Axis Bank Ltd.

Target

Angel Broking

Outlook & Valuation: Axis Bank currently trades at 2.2x its FY2021E price to book value (after adjusting value of subsidiaries). We expect the stock to get re-rated owing to (1) new leadership, (2) limited stressed loan pool, and (3) improvement in return ratios (ROA/ROE 1.23%/114.7% by FY2020E). We recommend Buy on the stock with

Number of FII/FPI investors increased from 1551 to 1575 in Jun 2025 qtr.

Axis Bank Ltd.

29 Apr 2019

Axis Bank

Results Update: Axis Bank Ltd.

SMC online

Axis Bank Ltd. is trading below all available SMAs

Axis Bank Ltd.

26 Apr 2019

Axis Bank plans to raise Rs 35,000 crore

Business Today

Axis Bank board has already given an approval to raise funds in Indian or foreign currency by issue of debt instruments up to an amount of Rs 35,000 crore

Axis Bank Ltd. has an average target of 1302.77 from 13 brokers.

IL&FS case: NCLT issues contempt notices to Ramesh Bawa, Axis Bank, StanC CEOs

Business Today | 26 Apr 2019 4 more

Axis Bank Ltd.

26 Apr 2019

Axis Bank (4QFY19): On track, aiming higher. Maintain BUY

Buy: Axis Bank Ltd.

Target

HDFC Securities

The appointment of a transformational leader at the helm along with a near complete top mgt rejig make AXSB stand out vs. peers. This is supported by change in credit/ risk practices. (1) Improving margins, (2) Reduction in LLPs and (3) Improving operating efficiency will facilitate the achievement of the guided RoEs (~18%) by FY21E. While numerous strategic changes and the qtr's performance lend credibility to this target, we have conservatively factored in RoAEs of 15.5% over FY19-21E. AXSB remains our preferred bet amongst pvt banks. The strong 4Q performance bolsters our stance on meaningful change at the bank. Maintain BUY with a TP of Rs 896 (2.8x Mar21E ABV of Rs 310+Rs 30 for subs)

Axis Bank Ltd. is trading below all available SMAs

Axis Bank Ltd.

26 Apr 2019

MCA moves contempt pleas against Axis, StanChart chiefs and Ramesh Bawa

Business Standard

The matter could not be heard on Thursday because of paucity of time and has been listed for hearing on April 26

Axis Bank Ltd. has an average target of 1302.77 from 13 brokers.

Axis Bank Ltd.

26 Apr 2019

Axis Bank Limited - Result Update Q4FY19

Buy: Axis Bank Ltd.

Target

Edelweiss

Axis Bank Ltd reported strong set of numbers for Q4FY19, mainly driven by moderation in overall cost and decent growth in assets.

Axis Bank Ltd. has an average target of 1302.77 from 13 brokers.

Axis Bank Ltd.

26 Apr 2019

Axis Bank

Buy: Axis Bank Ltd.

Target

ICICI Securities Limited

Overseas book de-grew 29% YoY in Q4FY19. However, impressive growth of 18% YoY in domestic book held up overall advances at 12.5% YoY. Domestic growth was fuelled by both retail (19% YoY) & corporate (17% YoY). Credit card, PL, education loan & small business banking continue to remain growth engines ahead. A 21% YoY deposit growth was led by strong term deposit growth (45% YoY). CASA ratio stood at 44.4%. Asset quality improved on the back of marginally lower slippages of | 3012 crore QoQ and healthy reduction | 4077 crore. GNPA ratio improved by 49...