Axis Bank To Wind Up Business In UK, Says Wants To Focus In Indian Market

[ad_1] Axis Bank has decided to wind up operations in UK Private lender Axis Bank on Thursday said that it will wind up its business in the UK. In a stock exchange filing, the bank said that it has initiated proceedings with the regulators in UK to close down operations of Axis Bank UK Limited, a […]

Continue Reading

Axis Bank Reports Rs 1,388 Crore Loss In March Quarter On Higher Provisions

[ad_1] Axis Bank shares closed 6.61% higher at Rs 455.55 on the BSE ahead of the earnings announcement Axis Bank on Tuesday reported a net loss of Rs 1,387.78 crore for quarter ended March 31, on the back of higher provisioning amid the coronavirus pandemic. The private sector lender had posted a net profit of Rs […]

Continue Reading

Sensex Steady Around 31,800; Financials Rally, Pharma Stocks Under Pressure

[ad_1] There is buying In financial stocks, but profit-booking on pharma counters is capping the gains The benchmark indices are mildly in the positive on Tuesday afternoon, amid choppy trading, as the market participants seek further directional trends and developments surrounding the Covid-19 pandemic. The S&P BSE Sensex index jumped as much as 1.33 per […]

Continue Reading

Axis Bank Appoints Puneet Sharma As CFO

[ad_1] Puneet Sharma has more than 23 years of experience across banks, financial institutions and consulting. Axis Bank on Thursday appointed Puneet Sharma as chief financial officer (CFO), replacing Jairam Sridharan. In a regulatory filing, the private sector lender said Puneet Sharma’s appointment will take effect from March 6. Axis Bank said the resignation of […]

Continue Reading