Axis Bank Ltd Chief Executive Officer Amitabh Chaudhry is watchful over consumer demand in the Indian economy and said expectations for growth might have to […]
Tag: Axis Bank
Axis Bank launches business management solution for merchants
Axis Bank in partnership with Visa on Monday launched an app that will empower merchants to accept payments through various digital modes and also enable […]
Axis Bank and Shriram Housing Finance Announce Partnership Under the Co-Lending Model through Yubi
Axis Bank, India’s third largest private sector bank and Shriram Housing Finance Limited (SHFL), a leading Affordable Housing Finance Company, today announced a strategic partnership […]
SBI Cards outpaces banks in adding new customers in February
SBI Cards continued to beat rivals such as HDFC Bank in new card additions through better activation rates. While SBI Cards added more than 300,000 […]
Credit Suisse crisis sends shivers amongst wealthy Indians
The Credit Suisse Group AG crisis is likely to make a dent on the way well-off Indians view international wealth managers, a firm backed by […]
Axis Bank partners with ITC to offer rural lending products to farmers in remote region
Axis Bank on Thursday announced its partnership with ITC Limited to offer the bank’s lending products and services to farmers who are a part of […]
Axis Bank completes buyout of Citi’s India consumer business
Axis Bank, India’s fourth-biggest private-sector lender by market value, Wednesday said it has completed the acquisition of Citibank India’s consumer businesses in India for a […]
Axis Bank completes acquisition of Citibank’s India consumer business
Axis Bank Ltd said on Wednesday it has completed its acquisition of Citibank’s India consumer and non-banking finance businesses. The transaction, announced in March 2022, […]
Axis Bank says exposure to Adani Group at 0.94 pc of total loans
Axis Bank, India’s fourth-biggest private lender, joined top-deck state-run peers in defending its financial exposure to the Adani Group, which has lost more than $110 […]
RBI’s new proposal on loan loss provisions to raise bank capital needs
The Indian central bank’s discussion paper suggesting banks make provisions on bad loans using an expected credit loss (ECL) method could raise capital requirements for […]