Axis Bank Ltd.

BSE: 532215 | NSE: AXISBANK
Large Cap | Bank - Private
1307.55
13.00 (1.00%)
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Axis Bank jumps on launching ACE Credit Card in collaboration with Google Pay & Visa

Date: 15-10-2020

Axis Bank is currently trading at Rs. 478.50, up by 7.60 points or 1.61% from its previous closing of Rs. 470.90 on the BSE.

The scrip opened at Rs. 472.90 and has touched a high and low of Rs. 481.00 and Rs. 467.80 respectively. So far 1116905 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 765.90 on 31-Dec-2019 and a 52 week low of Rs. 285.00 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 481.00 and Rs. 450.20 respectively. The current market cap of the company is Rs. 145724.87 crore.

The promoters holding in the company stood at 14.78%, while Institutions and Non-Institutions held 73.16% and 12.06% respectively.

Axis Bank, in collaboration with Google Pay and Visa, has launched the ACE Credit Card. The card is designed for the growing base of users keen to participate in the digital economy. Payments for essential use cases like mobile recharges, bill payments made via Google Pay earn users 5% in cashback. Users also get 4%-5% cashback for spends made on daily use categories such as food ordering, online grocery delivery, cab rides for transactions made on partner merchants’ platforms such as Swiggy, Zomato, BigBasket, Grofers and Ola.

Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.