Axis Bank Ltd.

Axis Bank is currently trading at Rs. 594.50, up by 2.85 points or 0.48% from its previous closing of Rs. 591.65 on the BSE.

The scrip opened at Rs. 591.50 and has touched a high and low of Rs. 595.20 and Rs. 584.55 respectively. So far 198769 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 655.35 on 04-Mar-2015 and a 52 week low of Rs. 262.65 on 21-Mar-2014.

Last one week high and low of the scrip stood at Rs. 655.35 and Rs. 588.60 respectively. The current market cap of the company is Rs. 139945.75 crore.

The promoters holding in the company stood at 28.24% while Institutions and Non-Institutions held 59.95% and 8.10% respectively.

Axis Bank, India’s third largest private sector bank, has entered into a partnership with MasterCard and Vayana Network to launch ‘Invoice to Payment’- an end-to-end digital invoicing and payment solution. With this solution, users would experience greater convenience, security, control, and increased efficiency in business payments.

This solution aims to simplify B2B payments in India, estimated at over $95 billion annually. Processing of these payments is physical, involves a number of manual steps and corporates spend a lot of time and resources to reconcile invoices and their payments. Invoice to pay is designed to simplify, digitize and automate the entire process- from invoice presentment to final payment.

Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses. With its 2,505 domestic branches & extension counters and 13,146 ATMs across the country, as on September 30, 2014, the network of Axis Bank spreads across 1,686 cities and towns, enabling the Bank to reach out to a large cross-section of customers with an array of products and services.