Axis Bank Limited is set to hire Bandhan Bank Limited's current CFO Rajeev Mantri, who is to be relieved by September 25, according to people aware of the matter. Mantri joined Bandhan Bank in February 2024 and was previously CFO at TransUnion CIBIL from December 2018 to October 2021.

Axis Bank Limited is raising $700 million through a dual-tranche three-year and five-year loan under the Reserve Bank of India's special external commercial borrowing swap facility. The club facility is led by Taiwan's CTBC Bank with $150 million, Singapore's United Overseas Bank with $150 million and World Bank arm International Finance Corp with $100 million, with about $275 million in the three-year tranche and the rest in the five-year tranche priced at 110 basis points and 120-125 basis points above SOFR respectively.

Axis Bank Limited reported credit card spends of Rs23,824.7 crore in July 2026, up 4.6% year-on-year, according to Reserve Bank of India data. The bank added 70,091 cards during the month, taking its outstanding base to 16.26 million, as overall industry spends remained above Rs2 trillion.

Axis Bank Limited was among the Indian lenders that accessed the international bond market after the Reserve Bank of India moved up the pre-closure deadline for its FCNR(B) swap window to 31 August from 30 September, as part of a broader RBI special window for ECBs and overseas foreign-currency borrowings that has driven over $4 billion in bank bond issuances.

Axis Bank Limited expects credit growth 300 bps faster than the industry average in the current fiscal year, with CEO Amitabh Chaudhry citing demand from data centres, renewable energy, manufacturing, small businesses and gold loans. The bank reported standalone net profit of Rs 71.14 billion for the quarter ended June versus Rs 58.06 billion a year earlier, with net interest income up 8% to Rs 146.46 billion on 19% domestic loan growth. Chaudhry said gold loans surged 94% year-on-year in June and that data-centre lending requires discipline. Axis Bank Limited is also preparing listings for Axis Max Life Insurance within 12-18 months after a potential restructuring with joint venture partner Max Financial following regulatory changes, and for Axis Finance after assets rise from over Rs 500 billion to the Rs 1 trillion threshold required by the Reserve Bank of India.

Bernstein rated Axis Bank Limited as 'Outperform' and Goldman Sachs initiated coverage on Axis Bank Limited with a 'Buy' rating, with Bernstein noting modest model updates after Axis Bank Limited's latest quarterly results.

Axis Bank was cleared after Sebi dropped proceedings alleging it participated with Max Financial Services and Max Life Insurance in a fraudulent scheme related to Max Life share sale and buyback arrangements from 2010 to 2021. Sebi held that allegations of disclosure violations and fraud to benefit Axis Bank at the cost of Max Financial Services shareholders, including an alleged Rs 3,912 crore benefit, were not established.

Axis Bank Limited's step-down subsidiary Axis Pension Fund, the pension fund management arm of Axis Asset Management Company, crossed Rs 20,000 crore in assets under management, doubling its asset base in 15 months by adding the latest Rs 10,000 crore between June 2025 and August 2026, driven by wider distribution through Axis Bank's network and higher NPS adoption.

Axis Bank Limited has partnered with MakeMyTrip to offer Axis Bank credit cardholders instant discounts on MakeMyTrip bookings through March 2027, including 10% off domestic flights capped at Rs1,800, up to 15% off domestic hotels capped at Rs5,000, and an additional 5% off holiday packages capped at Rs20,000 during dedicated booking windows ahead of eight long weekends.

Axis Bank Ltd. is providing standby letters of credit to support offshore financing by Citigroup Inc. for non-resident Indian investments in Axis Bank's Foreign Currency Non-Resident deposits, which offer rates up to 6.40%, enabling leverage under the Reserve Bank of India's concessional swap facility that mobilized about $52.3 billion through Aug. 13.

Axis Bank Limited has underwritten the entire Rs 14,000 crore long-term loan syndication being raised by Aditya Birla Group to fund its acquisition of Shell's Sprng Energy and is likely to retain about Rs 5,000 crore of the financing. The loan is expected to be secured against Sprng Energy's renewable assets with tenor up to 20 years and pricing around 7.7%.

Axis Bank saw mutual funds buy shares worth Rs 3,522 crore in July 2026, ranking among the top large-cap purchases alongside Torrent Pharmaceuticals and Adani Enterprises, according to Value Research data.

Axis Bank Limited gained 1-9% in August and reported better-than-expected Q1FY27 earnings, with management calling its 3.46% net interest margin the cycle bottom. INVAsset PMS said if the bottom call holds the rally has a long runway, while ICICI Securities has a buy recommendation and Master Capital Services lists Axis Bank Limited as a preferred pick for margin-recovery leverage.

Axis Bank is working with Anthropic on engineering productivity, as stated by Anthropic India MD Irina Ghose at The Economic Times World Leaders Forum, as part of Anthropic's collaborations with Indian enterprises and institutions.

Axis Bank Limited received a Buy rating from Goldman Sachs with a target price of Rs 1,477, implying 19% upside, as part of the brokerage's coverage initiation on 14 Indian banks.

Axis Bank Limited is named as one of three banks, along with HDFC Bank and ICICI Bank, expected to account for 73% of incremental BFSI earnings, with BFSI expected to contribute ~49% of incremental large-cap FY27E earnings, highlighting concentration risk in the large-cap EPS outlook despite broad-based Q1 FY27 growth.

Axis Bank Limited has built an outstanding credit book of close to Rs 3,000 crore for the new economy over the last five years, typically lending to startups at Series A and above. The article said the bank evaluates cash flows, burn rate, revenue growth, market share and runway, and offers working capital, transaction banking and investment banking via Axis Capital, as traditional banks expand startup lending and create pricing pressure for NBFCs and venture debt funds.

Axis Bank Limited is in talks with Max Financial Services Limited to raise its stake in their insurance joint venture Axis Max Life Insurance Limited and to explore a potential reverse merger of Axis Max Life Insurance Limited with its listed promoter parent. Axis Max Life Insurance Limited MD & CEO Sumit Madan said recent regulatory changes have created an enabling framework, discussions with stakeholders are underway, clarity is expected by October, and the NCLT process typically takes six to 12 months once approached.

Axis Bank Limited was cited as a large bank whose shares have underperformed even as retained earnings added to its net worth, so its stock price has not kept pace with rising book value, contributing to the decline in the Nifty's price-to-book ratio.