Axis Bank Ltd. closed 24.08% below its 52-week high of 1,339.55 rupees, which the company achieved on July 12th.

China has kept benchmark lending rates unchanged, focusing on financial and currency stability amid external trade tensions.

Axis Capital plans to buy back up to $400 million of its shares. The insurance and reinsurance company on Wednesday said that its board of directors approved the new stock-repurchase program. It ...