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Axis Bank board reappoints Amitabh Chaudhry as MD, CEO for three more years

Axis Bank board reappoints Amitabh Chaudhry as MD, CEO for three more years
Axis Bank this week had reported a net profit of Rs 2,677 crore for the quarter ended March 2021, as compared to a loss of Rs 1,388 crores in the same quarter a year ago
BusinessToday.In | April 29, 2021 | Updated 12:28 IST
Axis Bank CEO Amitabh Chaudhry
Axis Bank board has approved the re-appointment of Amitabh Chaudhry as the Managing Director and chief executive officer of the bank for three years, starting January 2022 up to December 31, 2024. The re-appointment is, however, subject to the approval of the Reserve Bank of India (RBI) and the shareholders of the bank. Amitabh Chaudhry is not related to any other director or key managerial personnel of the bank, Axis Bank said in a statement. ....

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Axis Bank Q4 Results: Axis Bank Edges Higher Post March Quarter Results

Axis Bank Edges Higher Post March Quarter Results
Axis Bank Share Price: Axis Bank posted a net profit of Rs 2,677 crore for the quarter ended March 2021 owing to a steep fall in bad loan provisions; it had reported a loss of Rs1,387.8 crore during the corresponding period
Updated: April 28, 2021 9:44 am IST
Axis Bank Shares : At 9:30 am, the shares were trading higher by 0.5 per cent on the BSE
Axis Bank shares have edged higher in a strong market after the private sector bank reported turnaround results in the quarter ended March 2021. Axis Bank posted a net profit of Rs 2,677 crore for the quarter ended March 2021 owing to a steep fall in bad loan provisions. It had reported a loss of Rs 1,387.8 crore during the corresponding period. At 9:30 am, the shares of Axis Bank were trading at Rs 710, higher by 0.5 per cent on the BSE. ....

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Axis Bank share price soars post Q4 results- Business News

The bank on Tuesday reported a net profit of Rs 2677 crore for the quarter ended March 2021, as compared to a loss of Rs 1,388 crores in the same quarter a year ago ....

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Stocks to watch: TechM, SBI Card, Axis Bank, Maruti, Britannia, TaMo

Here are the top stocks to track today:
Tech Mahindra: The IT major on Monday reported net profit of Rs 1,081 crore for the fourth quarter ended March 31, 2021, up 34.6 per cent year-on-year (YoY). On a sequential basis, the figure was down 17.4 per cent from Rs 1,309.8 crore. The company misses estimates of over 50 per cent jump in Q4 PAT.
SBI Card: SBI Cards and Payment Services (SBI Card) reported a net profit of Rs 175 crore in the March quarter of FY21, up 110 per cent compared to Rs 84 crore in the same period last year due to lower provisions and a significant jump in other income and income from fees and services. ....

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Stocks to watch: Axis Bank, Airtel, Voda Idea, Sunteck Realty, auto stocks

Here are the top stocks that are likely to be in focus today:
Auto stocks: Shares of auto companies will be in focus as they are set to unveil their March sales figures today. Demand sentiments across segments (ex 2W) remains unaffected, despite second concurrent lockdown in certain parts, said analysts at Prabhudas Lilladher.
Central Bank of India: The lender said it has cancelled an agreement to sell its stake in housing finance subsidiary to Centrum.
Axis Bank: The private sector bank has entered into a share purchase agreement for sale of 100 per cent stake in its subsidiary, Axis Bank UK Ltd, to OpenPayd Holdings. ....

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