"Our overall capital adequacy ratio, including profit, stood at 17.84 per cent with a CET 1 ratio of 14.56 per cent. The Bank accreted 18 bps of CET-1 capital in Q2 FY24 and 54 bps in H1 FY24. Axis Bank is well capitalised with a self-sustaining capital structure for funding organic growth," he said.
Axis Bank: The unassuming amitabh chaudhry has taken on an aggressive avatar, leading axis bank to heights it has never reached before. a peek into his, and the bank’s, reincarnation into a challenger of indian banking’s top guns.
What will happen to Citi Bank credit and debit cards after Axis Bank take over? - Axis Bank announced on March 30 that it will acquire US-based Citi s consumer business in India for Rs 12,325 crore.
Mr Amitabh Chaudhry's extended three-year term will be effective from January 1, 2022, according to a regulatory filing by the bank to the stock exchanges.