Tag: Axis Bank
BANKING & FINANCE Axis Bank Q1 Profit Up 23% To ₹7,114 Cr On Strong Income, Asset Quality

Private sector lender Axis Bank reported a 23% year-on-year increase in net profit to ₹7,114 crore for the first quarter of FY27, driven by healthy growth in core income, improved operating efficiency and stable asset quality. The bank had posted a net profit of ₹5,806 crore in the corresponding quarter of the previous financial year. […]

CW Bureau · Jul 18, 2026
BANKING & FINANCE Axis Max Life Insurance To Raise ₹389 Cr Via Preferential Issue To Axis Bank

Axis Max Life Insurance Ltd (formerly Max Life Insurance Co Ltd), a leading private insurer, has decided to raise ₹389 crore to support its future growth initiatives through a preferential issue of equity shares to Axis Bank. Accordingly, Axis Max Life will issue 2.51 crore equity shares of face value ₹10 each at a premium […]

CW Bureau · Apr 3, 2026