Axis Bank - Newz Baba

Sure Financial institution points clarification on Japan’s SMBC in talks to purchase important stake, ETCFO

Newz BabaMay 7, 2025May 7, 202505 mins

Amid speculations, Sure Financial institution on Tuesday mentioned that discussions with Sumitomo Mitsui Banking Corp. (SMBC) over stake purchase are at present preliminary, including that it routinely explores alternatives geared toward enhancing shareholder worth. The Financial Instances in its Might 6 version had reported that SMBC is in superior talks with the non-public lender to…

Axis Financial institution’s This autumn Revenue Falls 1.63%; Declining Margins, Rising Prices Weigh On Efficiency | Economic system Information

Newz BabaApril 25, 2025April 25, 202503 mins

New Delhi: Axis Financial institution on Thursday reported a 1.63 per cent year-on-year (YoY) drop in its consolidated web revenue for the March 2025 quarter (This autumn FY25) to Rs 7,489.71 crore from Rs 7,613.55 crore in the identical quarter final 12 months. Whereas the financial institution’s curiosity revenue rose 7.35 per cent to Rs…

One-third of NSE 500 shares now cheaper than pre-covid valuation, ETCFO

Newz BabaFebruary 26, 2025February 26, 202507 mins

A few third of NSE 500 shares are cheaper than their pre-Covid valuations, as measured by price-to-earnings (PE) and price-to-book (P/B) ratios. Following the sharp market correction since October 1, a number of blue-chip corporations are 10-60% under March 2020 ranges by these key metrics. They embrace HDFC Financial institution, Bharti Airtel, ICICI Financial institution,…

Financial institution workers amongst 4 held for siphoning off ₹12.2 crore from CRED operator agency: Report

Newz BabaDecember 29, 2024December 29, 202404 mins

Dec 29, 2024 03:48 PM IST The accused and his related managed to hyperlink the corporate’s dormant IDs with their private cellphone quantity and e-mail ID to execute the fraud. Karnataka police arrested an Axis Financial institution relationship supervisor and three others on Sunday for allegedly swindling ₹12 crore from Dreamplug Paytech Options Pvt Ltd,…

Axis Financial institution Credit score Card Guidelines Altering From 20 December: From Finance Curiosity Costs To NACH Cost And Extra | Private Finance Information

Newz BabaDecember 18, 2024011 mins

New Delhi: Non-public sector lender Axis Financial institution has introduced a number of modifications within the phrases and circumstances of its bank cards that can kick in from 20 December 2024. Listed here are the small print concerning Axis Financial institution Credit score Card Guidelines Altering From 20 December 1. Finance/Curiosity costs Finance/Curiosity costs relevant…