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RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details
The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…
Paytm shares jump 6.50 pc on getting NPCI nod to onboard new UPI users
Shares of One97 Communications rose over 6% after NPCI approved Paytm to onboard new UPI users, adh…
PTI
FIU imposes over Rs 1.66 crore fine on Axis Bank for failing to detect fraud NSG account
The Financial Intelligence Unit has slapped a fine of more than Rs 1.66 crore on Axis Bank for "fai…
PTI
Stock market today: Sensex tops 80,000 for the first time; HDFC and Kotak Bank take lead
HDFC, Axis, ICICI, Kotak Bank, and Britannia were among the early gainers on the market today, whil…
The Fed's interest-rate cut put Trump even more at odds with the central bank
Donald Trump has argued that the Fed would only cut interest rates close to the election to help hi…
Ayelet Sheffey,Brent D. Griff…
One year on, the Middle East is spiraling deeper into violence
The Middle East is plunging deeper into violence and conflict a year after the October 7 massacre i…
Lloyd Lee,Joshua Nelken-Zitse…
Axis Bank shares under pressure after Q4 net loss; analysts upbeat on the lender
During the March quarter, the lender reported an exceptional item of ₹12,490 crore, which went i…
Trump's team wants to restructure the Fed and let him have a say on interest rate decisions: WSJ
The Wall Street Journal reported that Trump's advisors are making a plan that would give Trump the …
Ayelet Sheffey,Madison Hall
Analysts expect no surprises from Axis Bank in the second quarter — loan growth and collections to be slow
Axis Bank, India’s third-largest private sector lender after HDFC Bank and Kotak Mahindra, isn’t ex…
Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO
Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…
Indian banks better placed than their US peers due to attractive valuations and stickier deposits
Turmoil in the US and Europe’s banking sector has had an impact on banks in other markets as well, …
Markets decline in early trade on profit taking after record-breaking rally
The 30-share BSE Sensex declined 113.63 points to 76,376.45. The NSE Nifty dipped 29.6 points t…
PTI
Axis Bank’s net profit grows 70% to ₹5,330 crore in Q2
Axis Bank, one of the leading private banks in the country, beat analyst expectations to report a 3…
RBI clarifies restructuring only for loan accounts without any defaults as of March 1
This is because the restructuring framework is applicable only for eligible borrowers who were clas…
PTI
India's super-rich gear up for a better year ahead: Knight Frank
100% UHNIs in India expect their wealth to grow in 2023, compared to 69% globally. 15% Indian UHNI…
China's property crisis could get even uglier. This time, a state-backed developer is the one raising concerns.
China's years-long real-estate debt crisis has already taken down property giant Evergrande, which …
Huileng Tan
Season of deals: Diwali shopping offers on credit cards
As the festival of light approaches, most of us get into a spending mode. Whether it is gifts or pe…
Axis Bank is back in the black as fee collections ramp up and ₹10,000 crore in fund raising cushions the balance sheet
Axis Bank’s profit is in the green again after reporting a dip of 19% last quarter. Between July an…
Credit expansion will taper down next year if deposits growth doesn't rise: Axis Bank MD
"... If the deposit growth does not continue, our projection says that credit growth can taper …
PTI
Kamath Committee outlines loan restructuring parameters for 26 sectors
The expert committee has recommended financial parameters including aspects related to leverage,…