Trade Axis Bank GDR - AXB CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.94
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.02221 %(-$1.11)Trade size with leverage ~ $5,000.00Money from leverage ~ $$4,000.00Go to platform: -0.02221%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.00002 %(-$0.00)Trade size with leverage ~ $5,000.00Money from leverage ~ $$4,000.00Go to platform: -0.00002%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 20.00%
• Stock exchange: Great Britain
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.02221 %
  (-$1.11)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.00002 %
  (-$0.00)

Key Stats

• Prev. Close: 65.03
• Open: 65.33
• 1-Year Change: -3.54%
• Day's Range: 64.53 - 65.43

Trade Axis Bank GDR - AXB

About Axis Bank Ltd

Axis Bank Limited (the Bank) is an India-based company that is engaged in the banking and financial services. The Bank's segments include Treasury, Retail Banking and Corporate/Wholesale Banking. The Treasury segment includes investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations and offers a central funding unit. The Retail Banking segment constitutes lending to individuals/small businesses through the branch network and other delivery channels subject to the orientation, nature of product, granularity of the exposure and the quantum thereof. The Corporate/Wholesale Banking segment includes corporate relationships not included under Retail Banking, corporate advisory services, placements and syndication, project appraisals, capital market-related services, and cash management services. It also offers para banking activities, including third-party product distribution and other banking transactions.

Financial summary

BRIEF: For the nine months ended 31 December 2021, Axis Bank Ltd interest income increased 4% to RS506.38B. Net interest income after loan loss provision increased 87% to RS184.23B. Net income increased from RS42.54B to RS97.02B. Net interest income after loan loss provision reflects Income on Investments increase of 16% to RS107.42B, Interest/discount on advances/bills increase of 2% to RS375.35B.

Equity composition

07/2007, Company name changed from UTI Bank Limited. 07/2014, 5-for-1 Stock split.