Tags » Axis Bank

Crisis that will hurt bank resolution law

Without serious confidence building measures being taken, and articulated well to the common man, the environment appears ominous

By Somasekhar Sundaresan

It is a crisis of confidence — and that too in a sector that inspires the highest expectation of an intensity of promise by a regulated institution. 863 more words

Axis Bank up 6% in two days as board cuts short CEO Shikha Sharma's tenure

Axis Bank was up 2.4% at Rs 531 on Tuesday in early morning trade, extending its Monday’s 3.4% gain on the BSE, after Shikha Sharma, the bank’s managing director and chief executive officer (MD & CEO), decided to step down. 214 more words

Shikha Sharma's eventful nine years at Axis Bank: Highlights of her stint

Shikha Sharma was appointed as the managing director and chief executive officer of Axis Bank in June 2009 by P J Nayak, the then chairman of the bank. 634 more words

Axis Bank to be able to process payments over WhatsApp soon 

Axis Bank Share
India’s third largest private sector bank Axis Bank on Tuesday said it would soon be able to process payments over the popular chatting application ‘WhatsApp’. 63 more words

RBI imposes penalty of Rs 30 mn on Axis Bank and Rs 20 mn on IOB

RBI slapped Rs 30-million fine on Axis Bank for flouting NPA norms and Indian Overseas Bank was fined Rs 20 million for KYC breach

The Reserve Bank of India (RBI) has fined private lender Axis Bank for violating RBI’s regulations for assessment of Non-Performing Assets (NPAs). 68 more words