Two people, accused of irregularities in conversion of old currency and supply of new notes through a private bank, were today sent to judicial custody till December 26 by a court here after the Enforcement Directorate (ED) did not seek their further
In yet another untoward incident involving Axis Bank, the Income Tax department today carried out raids at the Noida sector 51 branch of Axis Bank and unearthed 20 accounts of allegedly fake companies with heavy deposits.
The Reserve Bank of India on Monday denied rumours that it has initiated any action to cancel the banking licence of Axis Bank in the wake of recent irregularities in a few branches of the bank post demonetisation.
The third biggest private moneylender in the country Axis Bank witnessed an unanticipated drop of 83.4 percent in its profit after tax (PAT) for the September quarter on a sharp ascent in bad loans. The
New Delhi: India has Asia's third richest billionaire, the world's costliest house and some of the most well paid executives. While the pay cheques of many employees part of an aspirational India are on the
Chennai: Axis Bank on Friday said it closed the first quarter of the current fiscal with 19 percent growth in its net profit.In a statement, the bank said it posted a net profit of Rs.1,978 crore
Gurgaon: Low cost airline SpiceJet today announced the launch of ‘Book Now, Pay Later', a convenient Equated Monthly Installment (EMI) scheme for fliers. This offer allows passengers to save significantly (up to 70% interest cost
Mumbai: Country's third-largest private sector lender Axis Bank today cut its base rate or the minimum rate of lending by 0.20 per cent to 9.95 per cent, following its larger peers who also cut their
New Delhi: Singapore-based no-frill carrier Tigerair has partnered with Axis Bank to launch an exclusive ‘Pay to go, return for free' offer for holders of the lender's credit and debit cards.The offer 'Pay to go,
Mumbai: Private sector lender Axis Bank today managed to price its USD 250-million on-tap 10-year bond sale to international investors at the same rate of 3.25 per cent at which it had bonds last November.The
New Delhi: Private sector lender Axis Bank reported a 18.4 percent rise in its net profit to Rs 1,899.76 crore for the third quarter ended December FY15.The third largest private sector bank's net profit in
New Delhi: Singapore-based Tigerair today joined hands with private lender Axis Bank to offer one-way free ticket (excluding other charges and taxes) on a return trip from Singapore for a limited period to the bank's
New Delhi: Axis Bank on Tuesday launched a 20-year home loan scheme at a fixed rate of 10.40% for loans of up to Rs 50 lakh.The limited period offer is only for affordable housing segment
Mumbai: Country's third largest private sector lender Axis Bank today raised Rs 5,705 crore in infrastructure bonds in a single-largest closure since the instrument was introduced in July.The senior unsecured redeemable non-convertible debentures have a
Mumbai: Amruta Fadnavis, the wife of Maharashtra's CM-designate Devendra Fadnavis, has made it clear that she is not planning to leave her job even after his husband is sworn-in as Maharashtra CM on Oct 31,
Mumbai: Private sector Axis Bank has cut its lending rate by 0.1 per cent to 10.15 per cent from 10.25 per cent.Its interest rate is now closer to the big three peers that have their
New York: Mukesh Ambani- led Reliance Industries leads the pack of 54 Indian companies in Forbes' annual list of the world s 2000 largest and most powerful public companies, with Chinese companies occupying the top
New Delhi: Private sector lender Axis Bank has reported a net profit of Rs 1,842.32 crore for January-March quarter, up 18.47 per cent from a year ago period, on higher other income and net interest
New Delhi: Serving and managing the money of over a billion people is never an easy task. From providing plain vanilla banking services, the banks in the country have gradually transformed themselves into universal banks.
New Delhi: Axis Bank will become a “foreign-owned” lender, to be governed by FDI policy, following the go-head to its proposed increase in foreign investment holding to 62 per cent, entailing inflow of over Rs
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