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The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

RBI slaps Rs 3 crore penalty on Axis Bank, 2 crore on IOB

RBI carried out a statutory inspection of Axis Bank with reference to its financial position as on March 31, 2016.

6 March 2018 10:48 AM IST

Mahesh Babu in a still from Spyder.

Telugu actor Mahesh Babu's bank accounts frozen over tax dues

When contacted, senior official of GST department said Mahesh Babu failed to get any reprieve from any appellate...

28 Dec 2018 10:05 AM IST

Gauri Joshi (27), an ad executive was a victim of the debit card cloning scam.

Digital payment cos line up Rs 100 cr worth discounts on Snapdeal

Visa cardholders will get instant discounts using a unique code every time they shop on Snapdeal.

20 March 2018 1:22 PM IST

In its first board meeting after a controversy erupted involving Chanda Kochhar and the Videocon Group, leading private lender ICICI Bank examined insolvency cases pending before the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016.

ICICI, Axis have gaps in their risk control mechanism, says Fitch

It can be noted that both the private sector lenders have had a tumultuous time in the past few months.

15 Jun 2018 4:49 PM IST

Stock of Axis Bank closed 2.56 per cent down at Rs 444.60 on BSE.

Axis Bank likely to add 350-400 branches in current fiscal

In Telangana, the country's third largest private sector bank, currently has 123 branches and 731 ATMs.

8 Aug 2018 5:29 PM IST

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

Axis Bank introduces iris authentication for Aadhaar-based...

Bank is also exploring the application of iris-based Aadhaar authentication for varied services such as loan processing.

10 Aug 2018 2:55 PM IST

The case was first detected by the Delhi police after it intercepted three persons with about Rs 3.7 crore cash in old notes in front of the Axis Bank branch in November last year.

RBI approves Amitabh Chaudhry's appointment as Axis Bank CEO

Chaudhry will be a successor to incumbent CEO Shikha Sharma.

10 Sept 2018 3:22 PM IST

State Bank of India

SBI board gives nod to stake divestment in insurance arm

Its board approved a plan to divest 4 per cent stake in its general insurance arm to funds managed by Axis Bank Ltd and...

26 Sept 2018 5:50 PM IST

Axis Bank shares drop over 6 pc after Q4 net loss. (PTI Photo)

Axis Bank shares drop over 6% on Rs 1,387.78 crore loss

The private sector lender had reported a net profit of Rs 1,505.06 crore in the same quarter of the previous financial...

29 April 2020 1:04 PM IST

Axis Bank launched a home loan product that entails waiving off a few EMIs during the course of a loan. (Photo: PTI)

Skip a few EMIs with Axis Bank's new home loan product

If a borrower takes a 20-year loan, the consumer will get 12 of the EMIs waived off.

17 Aug 2017 4:47 PM IST

A closed branch of SBI as bank employees went on a nationwide strike in Surat. (Photo: PTI)

7 banks that cut interest rate on savings account

State Bank of India was first to slash interest rate, followed by other public and private lenders.

17 Aug 2017 11:53 AM IST

The case was first detected by the Delhi police after it intercepted three persons with about Rs 3.7 crore cash in old notes in front of the Axis Bank branch in November last year.

Axis Bank cuts interest rate on savings bank account

SBI had also slashed interest rate on savings account deposits by 50 basis points to 3.5 per cent on balance of Rs 1...

8 Aug 2017 5:02 PM IST