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The Latest Breaking News from Axis Bank

Consumer forum in Cuddalore orders Axis Bank to pay ₹1 lakh in compensation for deficiency in service

Axis Bank ordered to pay ₹1 lakh compensation to farmer for deficiency in service by Cuddalore District Consumer Disputes Redressal Commission.

The Hindu

Morning Digest | PM Modi says government working to make cooperatives strong part of rural life; Supreme Court forms panel to prepare SOP for adjournments, and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on December 28, 2023

The Hindu

Assam Rifles to train 30 competitive exam aspirants in Tripura

With an aim to train 30 students for various competitive exams, Assam Rifles in collaboration with Axis Bank and National Integrity and Educational Development Organization (NIEDO) will run a project "Sentinel Centre of Educational Excellence, Skilling and Wellness" in Tripura. Read further on Dynamite News:

Dynamite News

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Neelkanth Mishra appointed part-time Chairperson of UIDAI

The Centre has appointed Neelkanth Mishra, Chief Economist, Axis Bank and Head of Global Research, Axis Capital as part-time Chairperson of Unique Identification Authority of India. Read further on Dynamite News:

Dynamite News

53 medal winners among 848 students graduating from IISc in Bengaluru

Amitabh Chaudhry, Chief Executive Officer, Axis Bank, delivered the convocation address at the Indian Institute of Science (IISc.) in Bengaluru on July 31.

The Hindu

Another Manipur bank looted, computers and electronic items stolen

Criminals target another bank in Manipur's Kangpokpi district, looting computers and other electronic items worth ₹1 crore. An FIR has been lodged at Kangpokpi police station

The Hindu

ED attaches assets worth ₹45.20 crore linked to former NSG Deputy Commandant

The alleged fraud in the name of giving NSG contracts came to the fore in January last year

The Hindu

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Neelkanth Mishra quits Credit Suisse, set to join Axis Bank

MUMBAI: Neelkanth Mishra, co-head of Asia Pacific strategy at Credit Suisse Group AG, has resigned from the company and is set to join Mumbai-based Axis Bank Ltd, according to people familiar with the matter.

The Times of India

Axis Bank completes acquisition of Citi's India consumer business in Rs 11,603-crore deal

NEW DELHI: Private sector lender Axis Bank on Wednesday announced that it has completed acquisition of Citibank's consumer business and non-banking financial company (NBFC) consumer business.

The Times of India

S&P upgrades Axis Bank rating on improving asset quality

NEW DELHI: SP Global Ratings on Tuesday upped its credit rating on Axis Bank with a stable outlook on expectations that the private sector lender will maintain good asset quality over the next two years.

The Times of India

Sensex extends gains for sixth day; Axis Bank zooms 9% post Q2 show

MUMBAI: The sensex and Nifty defied gravity for the sixth session on the trot on Friday as healthy corporate earnings and fresh foreign fund inflows offset negative cues from global markets.

The Times of India

Axis Bank net profit jumps 70% at Rs 5,330 crore in Q2

NEW DELHI: Axis Bank on Thursday reported a jump of 70 per cent in its standalone net profit at Rs 5,329.77 crore in quarter ended September 2022 on healthy core income aided by trimming of bad loans.

The Times of India

Onam offers from Axis Bank on Kochi-1 card

Bank partners with Amazon Pay to offer discounts on recharges, bill payments

The Hindu

DHFL approved loans worth crores of rupees to Sanjay Chhabria within minutes without documentation, says CBI

MUMBAI: Kapil Wadhawan, erstwhile promoter of Dewan Housing Finance Corporation Ltd (DHFL), a non-banking financial institution, ensured that his firm disbursed loans worth crores of rupees to city-based builder Sanjay Chhabria within a few minutes after receiving related requests without any documentation through online transfers at different points of time…

The Times of India

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The Hindu

Rayalaseema Kings beats Coastal Riders

VISAKHAPATNAM: Rayalaseema Kings recorded a 28-run win over Coastal Riders in the Shriram Group Andh

The Hindu

Assam Rifles to train students from remote Manipur areas for competitive exams

The project has been conceptualised as a year-long mentoring facility for students from underprivileged sections for competitive examinations such as NEET and JEE

The Times of India

WEF meet: Ikea to open store in Bengaluru in June

BENGALURU: Swedish furniture retailer Ikea would open its flagship store here in June.

The Times of India

Axis Bank net profit jumps 54% to Rs 4,118 crore in March quarter

NEW DELHI: Axis Bank on Thursday reported a 54 per cent jump in its standalone net profit to Rs 4,117.77 crore for the quarter ended March 2022.

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The Times of India

SBI, BoB, others hike lending rates by up to 0.1%; EMIs to go up

NEW DELHI: EMIs for home, car and personal loans are set to go up for existing borrowers, with State Bank of India (SBI) and other major lenders including Bank of Baroda (BoB), Axis Bank and Kotak Mahindra Bank increasing their benchmark lending rates by up to 0.10 per cent.

The Times of India

RBI imposes penalties on Axis, IDBI Bank

MUMBAI: Reserve Bank of India (RBI) on Friday said it has imposed a penalty of Rs 93 lakh on Axis Bank for various violations, including those related to KYC guidelines.

The Times of India

Citibank customers to continue availing rewards, privileges and offers: Axis Bank MD

MUMBAI: With Axis Bank taking over retail banking operations of Citibank in India, 30 lakh account and credit card holders of the US banking giant will have to indicate if they are willing to migrate their business to the new owner.

The Hindu

Vigilance seizes ₹1.36 crore from Odisha engineer

This is the highest ever cash haul in the history of State

The Times of India

Axis Bank Q3 net profit jumps over 3-folds to Rs 3,614 crore

NEW DELHI: Axis Bank on Monday reported an over three-fold jump in its net profit to Rs 3,614 crore in the quarter ended December 2021 on strong growth in loans and improvement in asset quality.

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