IRDAI has given its approval for the acquisition of up to 12 per cent stake in Max Life Insurance by Axis Bank and its subsidiaries Axis Capital and Axis Securities
Wipro announced the appointment of Rene Mulder as Country Head and Managing Director of its Switzerland operations
ICICI Bank, Axis, among others see rise 'proforma' slippages in Q3
ICRA has reaffirmed AAA rating on Axis Bank's infrastructure bonds and debentures worth Rs 22,205 crore.
Proposed move may fetch Centre Rs 2,300 crore
The matter pertained to alleged lapses in disclosures with respect to change in promoter United India Insurance's shareholding in the private lender.
The Nifty Bank index, which was the top performing index on the National Stock Exchange (NSE), jumped nearly 730 points, or 2 per cent, in the intra-day deals to hit a new 36,837 levels
Leading names of India's banking industry join Tamal Bandyopadhyay at Business Standard's Unlock BFSI 2.0 to discuss the issues plaguing the sector
YES Bank faces greater asset risks than its peers, although its capitalisation, liquidity and funding have improved
Reliance Industries, Infosys, Bharti Airtel, Power Grid and Tata Consultancy Services are some of the stocks mutual funds cashed out of last month
Aditya Birla Fashion and Retail (ABFRL) has announced a strategic partnership with designer brand Sabyasachi
Provisioning cost rose 33 per cent year-on-year; proforma gross NPA at 4.55 per cent
Early trends in corporate earnings hold out hope
The lender's gross NPAs declined to 3.44 per cent from 4.18 per cent in September quarter (Q2FY21) . Net NPAs stood at 0.74 per cent
The lender's gross NPAs declined to 3.44 per cent from 4.18 per cent in September quarter. Net NPAs stood at 0.74 per cent
All that happened in the markets today
Stocks of auto companies will be in focus after the government approved a policy to scrap more than 15-year-old vehicles owned by government departments and PSUs
Limited Covid-19 provisioning in the quarter may shore up profit of Axis Bank, analysts at Edelweiss Securities said in their result preview report
All the key sectoral indices ended the day in a sea of red
Competition Commission of India approved the acquisition of stake in Max Life Insurance by Axis Bank, Axis Capital and Axis Securities