Axis Bank’s shares up by more than 1% as banking stocks continue to gain

Axis Bank’s shares are gaining today. At 12:55 a.m. IST, 3^rd October, 2025, its stock price is up by 1.51%, trading at Rs 1,176.30. Nifty 50 index is down by 0.055% at this time.

Banking stocks gaining today

A major brokerage house has increased its target price for Axis Bank’s stock. This is causing some of the upward rise that it is seeing today. Banking stocks have also got a boost from the many reforms that RBI announced on Friday. RBI’s decision to keep interest rate unchanged for the time being will also help banks in maintaining higher net interest margins. Bank Nifty is up by 0.32% at this time. Nifty PSU bank index is up by 1.09%. Nifty Private bank index is up by 0.45%.

Major reforms announced by RBI

Among the major banking related reforms announced by RBI on 1^st October is allowing banks to provide financing for mergers & acquisitions by companies. The cap of Rs 10,000 crore on loans given to one company by a bank will also be eventually removed. The upper limit for loans that banks can give to customers for applying for IPOs has also been increased to Rs 25 lakhs from Rs 10 lakhs. Risk weights on loans given to small businesses and MSMEs will also be reduced. This in turn will enable banks to set aside lower Tier 1 and Tier 2 capital for maintaining their capital adequacy ratios.

Axis Bank’s shares have gained 9.44% till date in 2025

Axis Bank’s shares have gained 1.33% in the past 5 days. In the past one month the stock has gained 11.22%. Year-to-date in 2025, the stock has gained 9.44%. Nifty 50 index has gained 4.55% in this period. The stock has outperformed the Nifty 50 index by around 4.90% this year. 52-week high price of the stock currently is Rs 1,247. 52-week low price of the stock is Rs 933.50.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.

Source: NSE