New Delhi, July 24, 2024 (TBB Bureau): Axis Bank, a leading private sector lender, reported a 4% increase in net profit for the quarter ending June 2024, reaching Rs 6,035 crore, driven primarily by higher interest income. In the corresponding quarter of the previous fiscal year (April-June 2023-24), the bank had recorded a standalone net profit of Rs 5,797 crore. ...

Bhubaneswar, June 3, 2024 (TBB Bureau): Axis Bank, one of the leading private sector banks in India, and Bajaj Allianz General Insurance, one of the leading private general insurers in India, have entered into a strategic partnership to offer a comprehensive suite of general insurance products through Axis Bank’s extensive network of 5,250+ branches. As part of this collaboration, Bajaj ...

TBB BUREAU BHUBANESWAR, JAN 30, 2024 As Odisha solidifies its position as a key industrial hub in eastern India, Axis Bank, the country’s third-largest private lender, is poised to play a pivotal role in the state’s rural and semi-urban (RuSu) development, , said a senior executive of the Bank. Speaking to media persons here on Tuesday, Munish Sharda, Group Executive ...

TBB BUREAU MUMBAI, AUG 07, 2023 India’s top commercial electric vehicle manufacturer Altigreen has partnered with Axis Bank, one of the largest private sector banks in India, to provide customized retail financing alternatives to its customers. This partnership is aligned to streamline and simplify the purchasing process and empower customers in their transition to electric mobility. Axis Bank’s extensive range ...

TBB BUREAU BHUBANESWAR, MAR 23, 2023 Axis Bank has launched the revolutionary PIN on Mobile solution for accepting digital payments, in the Indian market, along with Ezetap by Razorpay & MyPinpad as the technical solution partners.  ‘MicroPay’ is a revolutionary ‘PIN on Mobile’ solution that converts a merchant’s smartphone into a Point-of-Sale (POS) terminal, thereby simplifying digital payments and delivering ...

TBB BUREAU GURUGRAM, SEPT 26, 2022 Samsung India and Axis Bank have partnered to launch an exclusive co- branded credit card, powered by Visa., that will give customers 10 per cent cashback across all Samsung products and services round the year. The 10 per cent cashback offer will be over and above Samsung’s offers, on both EMI and non-EMI transactions. ...

TBB BUREAU MUMBAI, SEPT 07, 2022 Announcing a partnership with branchless banking network PayNearby, a senior executive of Axis Bank said on Wednesday that such tie-ups would aid the private lender in achieving priority sector lending aims. “The priority sector targets that we have in our own business, if we have a shortfall, we have to build up through PSLCs ...

TBB BUREAU MUMBAI, NOV 10, 2021 India’s third-largest private sector bank Axis Bank on Wednesday signed an MoU with the Army Insurance Group (AGI) to offer retail mortgage loans to the Indian Army.  “The bank will offer best-in-class products and services to defence personnel to cater to their home loan requirements,” it said in a statement. Through this partnership, the ...

TBB BUREAU MUMBAI, AUG 05, 2021 Axis Bank, India’s third largest private sector bank, has crossed the milestone of over one million customers on its WhatsApp banking channel with total request count of 6 million till now. Axis Bank had launched banking services on WhatsApp in January 2021 and has since witnessed robust organic growth in its customer base for ...

TBB BUREAU MUMBAI, JULY 6, 2021 The country’s third-largest private lender Axis Bank on Tuesday signed a memorandum of understanding (MoU) with the Indian Army offering a defence service salary package under its “Power Salute” initiative. The Defence service salary package will offer different benefits to all ranks of army officers, Axis Bank said in a media statement. According to ...