Net profit of Axis Bank reported to Rs 7599.04 crore in the quarter ended March 2024 as against net loss of Rs 5361.85 crore during the previous quarter ended March 2023. Total Operating Income rose 22.74% to Rs 30230.58 crore in the quarter ended March 2024 as against Rs 24629.66 crore during the previous quarter ended March 2023.For the full year,net profit rose 143.90% to Rs 26386.20 crore in the year ended March 2024 as against Rs 10818.45 crore during the previous year ended March 2023. Total Operating Income rose 28.94% to Rs 112759.05 crore in the year ended March 2024 as against Rs 87448.37 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Total Operating Income30230.5824629.66 23 112759.0587448.37 29 OPM %63.2067.11 -63.2764.21 - PBDT9984.879336.37 7 35178.0031111.00 13 PBT9984.879336.37 7 35178.0031111.00 13 NP7599.04-5361.85 LP 26386.2010818.45 144 Powered by Capital Market - Live News

The Board of Axis Bank at its meeting held on 24 April 2024 has approved raising of funds: (i) by issue of debt instruments in Indian/Foreign currency including, but not limited to, long term bonds, masala bonds, sustainable/ ESG Bonds (including green bonds), optionally/compulsorily convertible debentures, non-convertible debentures, perpetual debt instruments, AT 1 Bonds, Infrastructure Bonds and Tier II Capital Bonds or such other debt securities as may be permitted under the RBI guidelines from time to time, up to an amount of Rs. 35,000 crore. and (ii) by issue of equity shares/ depository receipts and/or any other instruments or securities representing either equity shares and/or convertible securities linked to equity shares including through Qualified Institutions Placement (QIP)/ American Depository Receipts (ADRs)/ Global Depository Receipts (GDRs) program, preferential allotment or such other permissible mode or combinations thereof as may be considered appropriate by the Board, up to an amount of Rs. 20,000 crore. Powered by Capital Market - Live News

Axis Bank announced that the Board of Directors of the Company at its meeting held on 24 April 2024, has recommended a Final dividend of Rs.1 per share (i.e.50%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Axis Bank will hold a meeting of the Board of Directors of the Company on 24 April 2024.Powered by Capital Market - Live News

Axis Bank announced the launch of their co-branded Credit Card - the Axis Bank Shoppers Stop Credit Card. This partnership will offer an enriched shopping experience to cardholders for both the online and offline experiences.Powered by Capital Market - Live News