Axis Bank Ltd.

BSE: 532215 | NSE: AXISBANK
Large Cap | Bank - Private
1287.05
-6.05 (-0.47%)
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Axis Bank advances on unveiling new debit card which offers more security

Date: 25-06-2015

Axis Bank is currently trading at Rs. 573.20, up by 2.50 points or 0.44% from its previous closing of Rs. 570.70 on the BSE.

The scrip opened at Rs. 566.00 and has touched a high and low of Rs. 573.85 and Rs. 566.00 respectively. So far 97386 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. 361.40 on 11-Jul-2014.

Last one week high and low of the scrip stood at Rs. 578.60 and Rs. 547.40 respectively. The current market cap of the company is Rs. 135217.74 crore.

The promoters holding in the company stood at 27.93% while Institutions and Non-Institutions held 59.38% and 8.97% respectively.

Axis Bank has unveiled a new debit card ‘Secure+’ which will protect the customer from frauds. The card comes with improved security features, aimed at attracting more customers towards cashless transactions, which would also help bringing down the bank’s operational cost.

The card offers three key features, which come at a cost of Rs 300 a year.  It also offers fraud protection subject to a maximum limit of Rs 75,000. The card also offers an enhanced personal accident insurance limit of Rs 5 lakh.

Customers can now block all the cards in her/his wallet with a single phone call. Customers can either intimate Axis Bank about other card details in advance or can do the same after wallet is lost.