Axis Bank rises on launching Contactless Secure+ Debit Card

Axis Bank Ltd. | Bank - Private | BFSI | BSE: 532215 | NSE: AXISBANK

18 Aug 2016 Evaluate

Axis Bank is currently trading at Rs. 595.50, up by 6.15 points or 1.04% from its previous closing of Rs. 589.35 on the BSE.

The scrip opened at Rs. 590.00 and has touched a high and low of Rs. 597.10 and Rs. 590.00 respectively. So far 40,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 598.00 on 17-Aug-2016 and a 52 week low of Rs. 366.65 on 18-Jan-2016.

Last one week high and low of the scrip stood at Rs. 598.00 and Rs. 568.90 respectively. The current market cap of the company is Rs. 1,42,304.00 crore.

The promoters holding in the company stood at 30.81%, while Institutions and Non-Institutions held 59.36% and 9.82% respectively.

Axis Bank has launched its Contactless Secure+ Debit Card for regular savings account customers, to provide access to a larger customer base with contactless technology. The card, launched on the Visa payWave platform, will enable the bank’s customers to conveniently ‘Just Wave to Pay’ at NFC-enabled point of sale (POS) terminals and also use the card as a normal debit card at any POS terminal.

Axis Bank’s Contactless Secure+ cards have an embedded microchip and an antenna (based on radio frequency) enabling contactless communication with a reader at the checkout. It enables Cardholders to make faster payments in a convenient and secure manner.

The bank has recently in association with Suvidhaa Infoserve, a payments/remittance firm, launched ‘Nano Credit’, a pre-approved, instant and unsecured loans for the urban low-income customer segment.

Axis Bank Share Price

1269.40 -22.95 (-1.78%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
HDFC Bank	781.20
ICICI Bank	1264.80
Axis Bank	1269.40
Kotak Mahindra Bank	380.75
Indusind Bank	949.85
View more..

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