Page-3 of Axis Bank
54 Indian companies among Forbes ‘Global 2000’
In the latest released Forbes ‘Global 2000’ list, Mukesh Ambani-led Reliance Industries leads the set of 54 Indian companies in the annual list of the world’s 2000 largest and most powerful public companies. The top three positions of the list is ..
Month: Current Affairs - May, 2014
‘Kisan Card’ launched by Axis bank to facilitate easy agriculture lending to farmers through ATMs.
The private lender bank, Axis Bank launched an electronic Kisan Card on the RuPay platform, through which a farmer can withdraw up to Rs. 1 lakh per day from Automated Teller Machines ( ATMs) Purpose: To facilitate easy agriculture lending ..
Month: Current Affairs - March, 2014
Category: Agriculture Current Affairs • Economy & Banking Current Affairs - 2024
Govt. sold 9% stake in Axis Bank via SUUTI & raised Rs. 5500 crore
The Central Government sold 42.26 million shares or 9 % of Axis Bank’s share capital through a trust fund, Specified Undertaking of the Unit Trust of India (SUUTI), by a block deal in a price range of Rs.1,313-1,341 per share. ..
Month: Current Affairs - March, 2014
LIC's stake in Axis Bank crosses 10%
The stake of country’s largest life insurer Life Insurance Corporation of India (LIC) in Axis Bank crossed 10% after it picked up the private lender’s shares through open market transactions. LIC is one of the promoters in Axis Bank, bought ..
Month: Current Affairs - January, 2014
Cabinet approves raising foreign investment to 62% in Axis Bank
The Cabinet Committee on Economic Affairs (CCEA) has given nod to the proposal of Axis Bank for hiking foreign investment from 49% to 62% entailing an inflow of about Rs 7,250 crore. It will be subject to the aggregate foreign ..
Month: Current Affairs - December, 2013
RBI: Inflation linked bonds for sale from December 23, 2013
The Reserve Bank of India (RBI) will issue Inflation Indexed National Savings Securities Cumulative (IINSS-C) bonds (or inflation linked bonds) for retail investors by opening the subscription on December 23, 2013 and close it on December 31, 2013. Objective: The ..