Tag: Axis Bank

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 […]

  • Wednesday, 28 July 2021
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 […]

  • Wednesday, 21 July 2021
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 […]

  • Tuesday, 20 July 2021
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 […]

  • Friday, 09 July 2021
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 […]

  • Thursday, 08 July 2021
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 […]

  • Wednesday, 07 July 2021
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 […]

  • Wednesday, 07 July 2021
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

  • Monday, 28 June 2021
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

  • Monday, 21 June 2021
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 […]

  • Tuesday, 04 May 2021
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 […]

  • Friday, 30 April 2021
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 […]

  • Friday, 30 April 2021
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 […]

  • Thursday, 29 April 2021
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 […]

  • Wednesday, 28 April 2021
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 […]

  • Monday, 26 April 2021