Axis Bank
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About Axis Bank
Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. The Bank has a large footprint of 4,050 domestic branches (including extension counters) with 11,801 ATMs & 4,917 cash recyclers spread across the country as on 31st March, 2019. The overseas operations of the Bank are spread over nine international offices with branches at Singapore, Hong Kong, Dubai (at the DIFC), Colombo and Shanghai; representative offices at Dhaka, Dubai, Abu Dhabi and an overseas subsidiary at London, UK. The international offices focus on corporate lending, trade finance, syndication, investment banking and liability businesses.
Axis Bank Subsidiaries
Axis Direct
Freecharge
Axis Finance
Axis Asset Management Company
Axis Trustee Services
AXIS Capital
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Change Company | Change Company | Change Company | ||
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Overall Rating | 3.8/5 based on 24.2k reviews | 4.0/5 based on 36.7k reviews | 3.9/5 based on 37.6k reviews | 3.8/5 based on 3.7k reviews |
Highly Rated for | No highly rated category | Job Security Skill development Company culture | Job Security Skill development | Job Security Salary & Benefits |
Critically Rated for | Promotion/Appraisals | No critically rated category | Promotion/Appraisals | Work-Life balance |
Primary Work Policy | Work from office 82% employees reported | Work from office 92% employees reported | Work from office 85% employees reported | Work from office 85% employees reported |
Rating by Women Employees | 3.7 Good rated by 5.2k women | 3.9 Good rated by 9.7k women | 3.7 Good rated by 7.7k women | 3.8 Good rated by 765 women |
Rating by Men Employees | 3.8 Good rated by 17.9k men | 4.0 Good rated by 25.3k men | 3.9 Good rated by 28k men | 3.8 Good rated by 2.6k men |
Job Security | 3.7 Good | 4.1 Good | 4.0 Good | 4.1 Good |
Axis Bank Salaries
Deputy Manager
Relationship Officer
Assistant Vice President
Sales Manager
Sales Officer
Relationship Manager
Area Sales Manager
Sales Executive
Branch Sales Manager
Branch Head
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Axis Bank News
Markets trade mixed as early gains fizzle out
- Market breadth remained negative, with 2,316 stocks declining compared to 1,535 advances on the NSE.
- Key sectoral indices showed weakness, with Nifty Bank declining 0.27% and Nifty Financial Services dropping 0.16%.
- Maruti, Mahindra & Mahindra, Adani Ports, SBI Life, and Coal India were the top gainers on the Nifty.
- Asian Paints, Grasim Industries, Tata Consumer Products, Axis Bank, and JSW Steel were the top losers on the Nifty.
Markets open higher on global cues, Santa rally hopes
- Markets opened higher on global cues and hopes of a Santa rally.
- BPCL led the gainers pack, followed by SBI Life Insurance, Adani Ports, Axis Bank, and Bharti Airtel.
- The rupee weakened to a record low of 85.25 against the US dollar due to foreign capital outflows and month-end demand.
- Asian markets traded higher, while gold remained steady and Brent crude futures rose amid geopolitical concerns.
Nifty, Sensex At Over One-Month Low; Tech Mahindra, M&M Top Losers: Market Wrap
- The Nifty and Sensex declined nearly 5% in the week ended Dec 20.
- The benchmark equity indices ended at the lowest in over a month as hawkish outlook from the US Federal Reserve rattled global markets.
- Tech Mahindra, M&M, IndusInd Bank, Axis Bank, and Adani Enterprises were the top losers in the market.
- All 12 sectors closed lower, with Nifty Realty declining the most.
Trading Ideas: Don't Buy Axis Bank, NCC At Current Levels, Say Stock Market Experts
- Stock market experts advise against buying Axis Bank and NCC at current levels.
- Kushal Gandhi suggests avoiding Axis Bank as it has been on a downtrend with selling pressure sustaining.
- Sameer Dalal recommends buying NCC at lower levels, expecting a decent return over the next two years.
- Dalal advises investors to switch from Abbott India to Dr Reddy's Laboratories due to the latter's larger growth opportunity.
Six Stocks In News At Noon: Dr. Reddy's To Axis Bank — Top Gainers And Losers
- Dr. Reddy's Laboratories share price hits highest level since Sept. 5 and emerges as top Nifty gainer.
- Hindalco Industries snaps six-session fall and contributes to the rise of Nifty Metal sector.
- JSW Steel follows the rally in most metal stocks and rises among Nifty stocks.
- Axis Bank becomes the top loser on the Nifty, dragging the index down.
Markets extend losses as Banks, IT lead decline; Dr Reddy’s bucks trend
- Market breadth remained negative with 2,187 stocks declining versus 1,659 advances on the BSE.
- Banking stocks continued to slide, with Axis Bank and IndusInd Bank among the top losers.
- Dr Reddy’s Laboratories led the gainers on the Nifty, followed by Hindalco Industries.
- Tech Mahindra, Larsen & Toubro, and UltraTech Cement were among the significant losers.
Max Financial Is Jefferies' Top Pick Post Insurance Unit's Rebrand — Here's Why
- Max Financial Services has been identified as the top pick by Jefferies in the financial services sector after its insurance unit, Max Life Insurance, rebranded to Axis Max Life Insurance.
- The partnership with Axis Bank is expected to enhance brand recall, expand distribution channels, and strengthen its presence in tier-2 and 3 cities.
- Jefferies highlights key catalysts for growth, including potential regulatory changes, GST exemption on term protection plans, and a potential merger.
- Max Financial Services stock price rose 2.99% on the NSE following the rebranding, with 18 out of 20 analysts recommending a 'buy' rating on the stock.
Axis Bank predicts India’s GDP growth rising to 7% in FY26
- Axis Bank predicts India’s GDP growth rising to 7% in FY26.
- Bank attributes slowdown in H1FY25 to unintended fiscal and credit tightening.
- Higher fiscal spending and CRR cut expected to ease growth headwinds.
- Global trade growth could be disrupted by US policy changes.
RBI Won't Cut Interest Rate In February, Says Neelkanth Mishra — Here's His Rationale
- Neelkanth Mishra, chief economist of Axis Bank, does not expect a repo rate cut by the RBI in February.
- Mishra believes worries about economic growth slowdown are overshadowed by sticky inflation.
- If headline inflation averages 4.5% for the fiscal, the MPC will not have room to cut rates.
- Mishra points out that the pressure on inflation will remain due to welfare measures.
PSU Bank stocks gain as RBI cuts CRR by 4%
- Nifty PSU Bank index gained nearly 2% on Friday, hitting intraday high of 7,248.25.
- Bank of Baroda, Canara Bank, PNB, Union Bank, UCO Bank and IOB ended the day’s trade in green.
- Axis Bank shares gained 1.50% to close at ₹1,183.90.
- Motilal Oswal report mentioned that PSBs having MCLR-heavy books are less vulnerable to rate cuts.
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