Home / BUSINESS / Axis Bank inches up on launching digital fixed-deposit product ‘Express FD’

Axis Bank inches up on launching digital fixed-deposit product ‘Express FD’

Axis Bank is currently trading at Rs. 685.30, up by 0.65 points or 0.09% from its previous closing of Rs. 684.65 on the BSE.

The scrip opened at Rs. 686.25 and has touched a high and low of Rs. 701.05 and Rs. 680.45 respectively. So far 410593 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 826.55 on 06-Jun-2019 and a 52 week low of Rs. 534.15 on 26-Oct-2018.

Last one week high and low of the scrip stood at Rs. 719.55 and Rs. 680.45 respectively. The current market cap of the company is Rs. 194567.69 crore.

The promoters holding in the company stood at 18.10%, while Institutions and Non-Institutions held 66.30% and 15.58% respectively.

Axis Bank has launched a digital fixed-deposit product called ‘Express FD’. A customer can open an Express FD account in three minutes through the digital mode without opening a savings account with the bank.

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.

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