Axis Bank’s earnings tell a familiar story: Growth is no longer enough
Axis Bank’s June quarter results underline a reality confronting India’s banking sector today: investors are no longer impressed by profit […]
Axis Bank
Bengaluru Police Arrest Axis Bank Manager and Three Sales Executives in Rs 97-Crore Stock-Market Fraud
The cyber-crime unit has revealed that 254 cases linked to this scam have been registered across the country. Fraudulent transactions totaling Rs 97 crore were conducted through six bank accounts reportedly opened by bank staff.
RBI imposes monetary penalty on HDFC Bank, Axis Bank
In the case of HDFC Bank, the RBI imposed a penalty of Rs one crore after the RBI found that the bank gave gifts in the form of paying first-year premium for the complimentary life insurance cover costing more than Rs 250 to the depositors at the time of accepting certain deposits.