Friends, the first name of Axis Bank was UTI Bank whose full name was Union Trust of India which existed from 1993 to 2007. Its head office was in Mumbai, Maharashtra. This is a private bank.

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On July 30, 2007, the name of this bank was changed to Axis Bank. Today the value of Axis Bank is Rs. 3,62,00 lakh crore.

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Axis Bank Daily Trend – Axis Bank Share Price Today

AXIS BANK FAQ

Is it a good time to invest in Axis Bank shares?

Axis Bank gave a 6.63% return last year and a 0.47% return in the previous 5 years; its TTM P/E ratio is 14.60, while its equivalent banks have a P/E of 9.25. India’s top analysts have found holding this share quite beneficial.

Is Axis Bank safe to invest in?

Axis Bank is considered one of the best options for investment in private banks. In Axis Bank, you get a better interest rate, and you can also make FD from 7 days to 10 years here.

Why is the share of Axis Bank going up?

As you know, RBI has maintained a high interest rate; in such a situation, the earnings of banks are increasing, the bank is also giving loans to trustworthy people, and their credit card sales are also going very well; this is the reason why the share of Axis Bank is rising.

Why has Axis Bank held money?

Axis Bank fund hold is a block you can use to trade in the share market. Once your fund is held, you can use that fund only for trading in the share market, and if you want to withdraw that money, you have to get that fund unblocked and released.

We hope you like our article on AXIS Bank Share Price Today – Daily High, Daily Low, Daily Opening, Daily Closing Rates.

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