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Tag: Axis Bank

Odisha: Miscreants Loot Rs 2.5 Lakh Infront Of SBI In Nilagiri

Balasore: Unidentified miscreants decamped with Rs 2.5 lakh from a person who was on his way to deposit the cash in AXIS Bank at Nilagiri of Balasore district on Thursday. As per reports, the miscreants looted the cash from one Purnachandra Mohapatra who had withdrawn the money from State Bank of India (SBI). “I had […]

WhatsApp Pay Now Live With SBI, HDFC, ICICI And Axis Bank In India

New Delhi: WhatsApp Pay on Wednesday announced it is now live with State Bank of India, HDFC Bank, ICICI Bank and Axis Bank for its up to 20 million users in India. After two years of waiting, Facebook-owned WhatsApp payment service received approval from the National Payments Corporation of India (NPCI) in November to go […]

ATM loot
Odisha: Miscreants Again Loot Cash From Bank ATM In Balasore

Balasore: A group of miscreants allegedly broke open an ATM of a bank at Kamarda market in Bhograi block under Jaleswar police limits and looted cash from the cash dispenser. According to sources, the miscreants broke open the machine of Axis Bank on Thursday night with the help of gas cutter. They damaged the cash […]

Stimulus booster help equities log best day in over 3 months

Mumbai: Benchmark stock indices Sensex and Nifty saw their best day in over three months on Monday, buoyed by the government move to withdraw additional surcharge on foreign investors and initiate measures to revive the economy. The BSE gauge Sensex settled with a gain of 2.16 per cent or 792.96 points; while the NSE Nifty […]

RBI guildelines on ATM free transaction
Using SBI Or Other ATM Cards? Here's A Good News For All, See New Rules

New Delhi: In what could be a big relief for ATM card users, the Reserve Bank of India (RBI) has issued notice to all Scheduled Commercial Banks including Regional Rural Banks, Urban Co-operative Banks, State Co-operative Banks, District Central Co-operative Banks, Small Finance Banks, Payment Banks, White Label ATM Operators clarifying on the usage of […]

RBI guildelines on ATM free transaction
RBI Alert: New Security Features In ATM, Debit Cards

New Delhi: The Reserve Bank of India (RBI) has issued various instructions to banks in respect of security and risk mitigation measures related to card transactions. According to MoS Finance Anurag Thakur, the RBI has directed banks- (1) to provide online alerts for all card transactions (2) Introduce additional security measures, inter-alia, which include: All […]

Sensex jumps 169 pts; IT stocks rally

Mumbai: The BSE benchmark Sensex Monday rose 169 points, led by gains in IT stocks amid positive global cues. The NSE barometer Nifty gained 52 points to reclaim the 11,900 level. Top gainers in the Sensex pack were TCS, Bharti Airtel, Infosys, Axis Bank, L&T, ITC, PowerGrid, HCL Tech and Tata Steel, ending up to […]

Paytm Payments Bank ahead of major banks in digital transaction target

New Delhi: Paytm Payments Bank has received a target of 501.16 crore digital transactions for the financial year 2019-20 from the Ministry of Electronics and Information Technology (MeitY), higher than the targets set for major banks including HDFC Bank, ICICI Bank and Punjab National Bank. In a statement, Paytm Payments Bank said it is only […]

railway recruitment 2019
Rs 2.20 Crore Railway Fraud: CBI Sleuths Books Officials

New Delhi: The CBI has booked a railway official and three companies in Secunderabad for allegedly siphoning off Rs 2.20 crore from railways’ accounts to fake firms using fraudulent bills, officials said Tuesday. Now suspended accounts assistant V Ganesh Kumar, who was posted in the Expenditure Section, South Central Railway, and fake firms — Sai […]

RBI penalises UCO Bank, Axis Bank and Syndicate Bank

Mumbai: The Reserve Bank of India (RBI) has imposed separate monetary penalties on lenders — UCO Bank, Axis Bank and Syndicate Bank — over deficiencies in complying with different regulatory norms. The RBI imposed a penalty of Rs 2 crore each on UCO Bank and Axis Bank for non-compliance with its circular on ‘Collection of […]

bank-holidays december
Alert! Banks To Remain Closed For 5 Days This December

Kolkata: Ahead of the strike called by the United Forum of Bank Unions (UFBU) on December 26, one of the bank officers’ union has called a strike on December 21, demanding unconditional mandate for the XIth bipartite wage revision talks, officials said on Wednesday. In the wake of strikes and holidays, the banks will remain […]

Axis CEO & MD Sharma's tenure to end in December; Amitabh Chaudhry to take over

Mumbai: Lending major Axis Bank’s long serving Chief Executive and Managing Director Shikha Sharma’s reign will come to an end on December 31, 2018 and she will be succeeded by Amitabh Chaudhry. On Saturday, the bank announced that the Reserve Bank of India (RBI) has approved the appointment of Chaudhry for a period of 3 […]

15 lakh cash looted from four ATMs in Baripada

Baripada: Unidentified miscreants allegedly looted cash worth Rs 15 lakh from four different ATMs in Mayurbhanj district on Saturday night. All the four ATM machines at Axis Bank at Tulasichaura, United Bank of India at  Palabani, UBI at Astia and Bank of India at Station Bazar have been looted in a similar fashion using gas […]

Axis Bank's Q4 net loss at over Rs 2,100 cr

Mumbai: Lending major Axis Bank on Thursday reported a net loss of Rs 2,100 crore for the fourth quarter (Q4) of 2017-18. According to the lender, this was from a net profit of Rs 1,225 crore reported for the corresponding period of last fiscal. However, the bank’s net interest income (NII) inched-up to Rs 4,730 […]

RBI imposes penalty of Rs 3 cr on Axis Bank

Mumbai: The Reserve Bank of India (RBI) has imposed a penalty of Rs 3 crore on private sector Axis Bank for violation of non-performing asset (NPA) classification norms, and Rs 2 crore on state-run Indian Overseas Bank (IOB) for not complying with the Know Your Customer (KYC) regulations, the banking regulator said on Monday. A […]

ATM loot
Prime accused in ATM loot nabbed from Kolkata

Bolangir: More than two-and-half-month after a sensational loot of cash to the tune of Rs 80 lakh from different bank ATM counters, the Bolangir Town Police  has finally managed to nab the prime accused from Kolkata. Police have also seized cash worth Rs 26,46,700 and 10 SIM cards from the possession of the accused who […]

Bhadrak: Miscreants loot Rs 27 lakh from 3 ATMs, set them on fire

Bhadrak: As much as Rs 27L was stolen from 3 ATMs in Chandia Bazaar and Kuansa area under the Bhadrak rural police limits. According to sources, the theft took place yesterday night after which the miscreants set the ATMs on fire. The 3 ATMs have been identified as of ICICI Bank, Axis Bank and SBI […]

Axis Bank's retail asset portfolio in Odisha rises to Rs 6000 cr

Buoyed by 21 per cent growth in its SME portfolio and retail assets touching Rs 6000 crore in Odisha, Axis Bank today announced plan for major expansion by opening around 20 new branchs in the state in a year

Axis Bank
Axis Bank to raise Rs.15,000 crore

Axis Bank Saturday said that it will seek shareholders' approval to raise Rs.15,000 crore through the issue of long-term bonds or non-convertible debentures to select investors