Axis Bank

Flipkart has started teasing bank offers that would be available during the yearly sale. Flipkart is partnering with different lenders including ICICI Bank, Axis Bank and Kotak Bank to offer instant discounts for purchases made through their cards and EMI transactions.

The Central Bureau of Investigation (CBI) has registered a case against GTL Infrastructure Limited and officials of 13 banks, including SBI, ICICI, PNB and Axis Bank, for allegedly causing a loss of over Rs 1,400 crore to banks.

Private sector lender Axis Bank on Wednesday posted a 40.5 per cent increase in standalone net profit at Rs 5,797 crore in the April-June quarter, mainly due to decline in bad loans and improvement in interest income.

Days after cash, ornaments valued over Rs 2.25 crore found missing from Axis Bank branch in Manipur's Churachandpur, criminals target another bank in Kangpokpi district, looted electronic items worth nearly Rs 1 crore, officials said today.

The bank's staff discovered the missing cash and alerted the police, suspecting a possible theft during the two-month closure.

Wimbledon shared the picture of Roger Federer on their Twitter handle and captioned it as "THALAIVA".

Walmart-owned Flipkart on Friday announced that it will be distributing Axis Bank's personal loans on the e-commerce platform. The platform, which has 450 million customers, will be distributing loans of up to Rs 5 lakh which can be repaid in up to three years, it said in a statement.

Equity benchmark index Sensex ended a three-session losing streak to close nearly 450 points higher on Tuesday, helped by intense buying in index majors HDFC twins, ICICI Bank and Axis Bank amid a mixed trend in the global markets.

The move to withdraw Rs 2,000 denomination notes will yield deposits of up to Rs 1.5 lakh crore for the banking system, Axis Bank Chief Economist Saugata Bhattacharya said on Wednesday.

Off-page: This feature is now available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank of India. More banks will follow suit shortly.

Shares of Axis Bank declined over 2 per cent on Friday after the company reported a Rs 5,361 crore loss on a consolidated basis for the January-March period.

Private sector lender Axis Bank on Thursday reported a net loss of Rs 5728.42 crore for the March 2023 quarter on account of the acquisition of the retail consumer business of CitiIndia.

Axis Bank had last year announced that it is starting the process of acquiring Citibank's consumer and non-banking finance businesses in India.

The transaction, announced in March 2022, has been closed for a cash consideration of Rs 11,630 crore ($1.41 billion).

ITC topped the Sensex gainers' chart with a jump of 3.31 per cent, followed by Reliance Industries, Bajaj Finance, ICICI Bank, Infosys, Axis Bank and Wipro.

Flipkart has started teasing bank offers that would be available during the yearly sale. Flipkart is partnering with different lenders including ICICI Bank, Axis Bank and Kotak Bank to offer instant discounts for purchases made through their cards and EMI transactions.

The Central Bureau of Investigation (CBI) has registered a case against GTL Infrastructure Limited and officials of 13 banks, including SBI, ICICI, PNB and Axis Bank, for allegedly causing a loss of over Rs 1,400 crore to banks.

Private sector lender Axis Bank on Wednesday posted a 40.5 per cent increase in standalone net profit at Rs 5,797 crore in the April-June quarter, mainly due to decline in bad loans and improvement in interest income.

Days after cash, ornaments valued over Rs 2.25 crore found missing from Axis Bank branch in Manipur's Churachandpur, criminals target another bank in Kangpokpi district, looted electronic items worth nearly Rs 1 crore, officials said today.

The bank's staff discovered the missing cash and alerted the police, suspecting a possible theft during the two-month closure.

Wimbledon shared the picture of Roger Federer on their Twitter handle and captioned it as "THALAIVA".

Walmart-owned Flipkart on Friday announced that it will be distributing Axis Bank's personal loans on the e-commerce platform. The platform, which has 450 million customers, will be distributing loans of up to Rs 5 lakh which can be repaid in up to three years, it said in a statement.

Equity benchmark index Sensex ended a three-session losing streak to close nearly 450 points higher on Tuesday, helped by intense buying in index majors HDFC twins, ICICI Bank and Axis Bank amid a mixed trend in the global markets.

The move to withdraw Rs 2,000 denomination notes will yield deposits of up to Rs 1.5 lakh crore for the banking system, Axis Bank Chief Economist Saugata Bhattacharya said on Wednesday.

Off-page: This feature is now available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank of India. More banks will follow suit shortly.

Shares of Axis Bank declined over 2 per cent on Friday after the company reported a Rs 5,361 crore loss on a consolidated basis for the January-March period.

Private sector lender Axis Bank on Thursday reported a net loss of Rs 5728.42 crore for the March 2023 quarter on account of the acquisition of the retail consumer business of CitiIndia.

Axis Bank had last year announced that it is starting the process of acquiring Citibank's consumer and non-banking finance businesses in India.

The transaction, announced in March 2022, has been closed for a cash consideration of Rs 11,630 crore ($1.41 billion).

ITC topped the Sensex gainers' chart with a jump of 3.31 per cent, followed by Reliance Industries, Bajaj Finance, ICICI Bank, Infosys, Axis Bank and Wipro.