Axis Bank Management Change
Axis Bank appointed Arvind Subramanian as additional independent director for a four-year term. He currently serves as EVP and MD at Iron Mountain India.
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Axis Bank appointed Arvind Subramanian as additional independent director for a four-year term. He currently serves as EVP and MD at Iron Mountain India.
Axis Bank will hold a board meeting on October 17, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter ended September 30, 2026.
Axis Bank allotted 68,291 equity shares under its ESOP/RSU scheme. The allotment results in a minor increase to the bank's paid-up share capital.
Axis Bank reported a stable Q1 FY27 with 23% YoY PAT growth, driven by 19% loan growth and improved cost efficiency, despite NIM compression and seasonal slippages in the retail segment.
Axis Bank confirms timely payment of interest on debentures due on September 5, 2026. This is a routine interest payment intimation filed per SEBI regulations.
Axis Bank reported standalone Q1 FY27 Net Profit of ₹7,113.92 crores, up 22.5% YoY. Total Income reached ₹40,721.05 crores, driven by steady interest income and retail segment performance.
Axis Bank's experts discuss the inevitable U.S. recession delayed by massive fiscal stimulus and a contradictory equity rally driven by narrow AI optimism despite inverted yield curves signaling credit tightening.
Axis Bank reported Q1FY27 PAT of ₹7,114 cr (up 23% YoY) with an ROA of 1.56%. Strategy focuses on 'GPS' (Growth, Profitability, Sustainability) amidst a bottoming NIM cycle.
Axis Bank Ltd reported revenue from operations of ₹35,542 Cr (+9.9% YoY) and net profit of ₹7,632 Cr (+22.2% YoY) for Q1 FY27.