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  Important notice for Axis Bank and HDFC Bank's customers: Online banking services to be disrupted

  Business | July 12, 2024 16:37 IST

  HDFC Bank and Axis Bank will experience online and mobile banking service disruptions this weekend due to system upgrades. HDFC Bank’s UPI services will be down on July 13, 2024, from 3:00 AM to 3:45 AM and from 9:30 AM to 12:45 PM.

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  Paytm transfers Nodal account to Axis Bank: What does it mean?

  Technology | February 18, 2024 12:33 IST

  The move came as the Reserve Bank of India (RBI) instructed the termination of the nodal accounts of One 97 Communications Limited (OCL) and Paytm Payment Services Ltd (PPSL), which were maintained by PPBL.

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  Banks' margins to decline, credit growth to moderate in FY25: S&P

  Business | February 16, 2024 13:47 IST

  S&P expects a slowdown in system-level credit growth to around 14 per cent in FY25, beginning April 1, compared to the about 16 per cent annual growth in the first three quarters of FY24.

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  Axis Bank Q3 net profit surges to Rs 6,071 crore, interest income rises to Rs 27,961

  Business | January 23, 2024 17:44 IST

  The total income of the bank rose to Rs 33,516 crore in Q3 FY24, compared to Rs 26,798 crore in the year-ago period.

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  Late surge lifts Sensex by 270 points; RIL, ICICI Bank lead the rally

  Business | January 10, 2024 17:19 IST

  In a notable reversal, India's benchmark indices, Sensex and Nifty, rallied in the closing hours on Wednesday, driven by substantial buying in major players like Reliance Industries, ICICI Bank, and HDFC Bank.

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  Axis Bank launches paid saving account with no charges for services, balance requirements

  Business | August 29, 2023 23:28 IST

  There are no charges on cheque book usage or transactions/withdrawals above limits as well.

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  Flipkart to distribute Axis Bank personal loans amid RBI concerns on unsecured lending

  Business | July 07, 2023 14:42 IST

  Flipkart's senior vice president for fintech and payments group, Dheeraj Aneja said the e-commerce platform already offers financing avenues like Buy Now Pay Later (BNPL), Equated Monthly Installments (EMI), and Co-branded Credit Cards to support buyers.

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  Samsung India, Axis Bank Launch Co-branded Credit Card powered by Visa- Everything you need to know

  Technology | September 26, 2022 17:08 IST

  Samsung India and Axis Bank has partnered with aggregators like BigBasket, Myntra, Tata 1mg, Urban Company, Zomato to bring accelerated rewards to cardholders on everyday spending with key partner merchants. Here are all the benefits you can redeem with the new credit cards powered by Visa.

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  Axis Mutual Fund begins suo moto probe on charges of front running, suspends two managers

  Business | May 06, 2022 17:31 IST

  The statement by the asset management company comes in the wake of complaints reportedly being received by Axis Mutual Fund from stock brokers about fund managers punching in trades on behalf of the fund at values much higher than the market.

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  RBI slaps penalties on Axis, IDBI Bank

  Business | April 08, 2022 23:44 IST

  A monetary penalty of Rs 93 lakh has been imposed on Axis Bank for non-compliance of certain directions issued by RBI, the regulator said in a release.

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  Axis Bank to buy Citi's retail business in India for Rs 12,325 crore to close gap with rivals

  Business | March 30, 2022 22:03 IST

  The two lenders signed a definitive agreement for the sale, which will involve the third largest private lender taking over Citi's credit cards, personal loans and wealth management businesses that are focused on the affluent segment.

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  RBI imposes penalty of Rs 25 lakh on Axis Bank

  Business | September 01, 2021 20:54 IST

  The Reserve Bank of India (RBI) on Wednesday imposed a monetary penalty of Rs 25 lakhs on Axis Bank Limited.

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  RBI imposes Rs 5-cr penalty on Axis Bank for rule violations

  Business | July 29, 2021 9:59 IST

  The RBI said the statutory inspections for supervisory evaluation (ISE) of the bank were conducted with reference to its financial position as on March 31, 2017, (ISE 2017), March 31, 2018, (ISE 2018), and March 31, 2019 (ISE 2019).

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  Sensex tanks 587 points; HDFC Bank slumps over 3 per cent

  July 19, 2021 17:13 IST

  Equity benchmark Sensex tanked 587 points on Monday, tracking heavy losses in HDFC twins, Reliance Industries, and Axis Bank amid a weak trend in global markets.

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  Axis Bank makes banking conversational; enables secured communication over WhatsApp

  Business | June 10, 2021 11:14 IST

  A gamut of financial services - both transactional and informational - such as checking account balance, checking of credit card bill amount, knowing nearest branch or ATM location and the like can be availed by customers through this solution.

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  Sensex jumps 848 points, private banks gain

  News | May 17, 2021 19:07 IST

  Equity benchmark gauges closed 1.7 per cent higher on Monday with banking and financial stocks witnessing substantial gains after a steady decline in fresh Covid-19 cases.

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  Sensex climbs 508 points, banking stocks surge

  News | April 26, 2021 19:20 IST

  Equity benchmark indices remained bullish despite trimming some early gains on April 26 following some reports that India's second wave of coronavirus will peak soon. The BSE SandP Sensex closed 508 points or 1.06 per cent higher at 48,387 while the Nifty 50 ticked up by 144 points or 1 per cent to 14,485.

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  Chandigarh: Rs 4 crore stolen from Axis Bank, suspect security guard missing

  India | April 12, 2021 8:43 IST

  A security guard working at Axis Bank branch in Sector 34A of Chandigarh allegedly ran away with Rs 4.04 crores in cash, the police said on Sunday.

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  Guard allegedly flees with Rs 4.04 crore from Chandigarh bank

  News | April 12, 2021 7:25 IST

  A security guard working at Axis Bank branch in Chandigarh's Sector 34A allegedly ran away with Rs 4.04 crore in cash, as per police. "A case has been registered and raids are being conducted at suspected places to nab the culprit," said police.

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  SBI, HDFC, PNB, ICICI, Axis Bank customers could bear a huge financial loss, Banks warn customers

  Technology | March 16, 2021 14:18 IST

  State Bank of India, ICICI, HDFC, Axis Bank and Punjab National Bank (PNB) customers have been warned about a serious security flaw.