Axis Bank's board has recommended a 5-for-1 stock split and announced dividend of Rs. 20 per share for financial year 2014, which is subject to the approval of shareholders.
Its net interest income (interest earned over interest paid) grew 18.8 per cent to Rs. 3,165 crore.
Axis Bank shares closed 0.85 per cent higher at Rs1532.70 on NSE compared to 0.85 per cent lower closing in Nifty.