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  India's best banks in 2013

  December 15, 2013 7:10 IST

  New Delhi: Serving and managing the money of over a billion people is never an easy task. From providing plain vanilla banking services, the banks in the country have gradually transformed themselves into universal banks.

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  Axis Bank to be foreign-owned after hike in foreign investment cap

  November 17, 2013 16:04 IST

  New Delhi: Axis Bank will become a “foreign-owned” lender, to be governed by FDI policy, following the go-head to its proposed increase in foreign investment holding to 62 per cent, entailing inflow of over Rs

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  Essar Energy gets USD 300-million credit to repay bridge loan

  September 12, 2013 12:58 IST

  NEW DELHI:  London-listed Essar Energy plc today said it has got an additional borrowing of $300 million that will be mostly used to repay an existing bridge loan.The company said, “it has upsized its existing

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  'Dipika episode will affect Axis Bank reputation'

  Other Sports | September 02, 2013 19:41 IST

  Chennai: Ridiculous stand and it will have an impact on its reputation, feel a cross section of people at the Axis Bank's stand in a consumer court case against Arjuna awardee and squash champion Dipika

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  Axis Bank hikes base rate by 0.25% to 10.25%

  August 19, 2013 18:21 IST

  New Delhi: Axis Bank Ltd on Monday said it has raised its minimum lending rate, or base rate, by 25 basis points to 10.25% with immediate effect.Axis Bank follows its private sector rivals HDFC Bank

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  HDFC Bank, Axis Bank raise fixed deposit rates by up to 4%

  August 01, 2013 18:11 IST

  New Delhi, Aug 1: Faced with a tight liquidity condition, two leading private sector banks – HDFC Bank and Axis Bank – have raised fixed deposit rates by up to 4%, a move which may

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  Axis Bank Q1 net up 22% to Rs 1,409 cr

  July 18, 2013 16:19 IST

  Mumbai, July 18: Private sector lender Axis Bank on Thursday reported 22 per cent growth in net profit to Rs 1,408.93 crore for the first quarter ended June 30, 2013.The company had a net profit

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  Axis Bank sets up UK subsidiary

  July 12, 2013 16:05 IST

  Mumbai, July 12: Expanding its overseas presence, private sector lender Axis Bank has set up its subsidiary in the United Kingdom for full banking operations.‘Axis Bank UK Ltd' received approval from the British regulators on

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  Modi meets captains of industry in Mumbai for 2 hours

  India | June 27, 2013 23:30 IST

  Mumbai, Jun 27: Gujarat Chief Minister Narendra Modi today held a closed-door meeting with the industry captains during his first visit to the city after he was made the head of BJP's Lok Sabha campaign

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  Axis Bank net profit up 22% at Rs 1,555 cr on core income growth

  April 25, 2013 12:01 IST

  New Delhi, April 25: Axis Bank has reported a 22 per cent jump in post-tax profit for the March quarter at Rs 1,555 crore helped by growth in both core and non-interest income.The country's third

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  Axis Bank sends legal notice to Maldives govt; GMR Infra up

  December 03, 2012 11:30 IST

  Mumbai, Dec 3: Axis Bank has sent legal notice to Maldives government to recover the $350 million loan given to GMR Infrastructure to build Male airport, reports The Economic Times.Enraged by Maldives government's decision to

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  Banks net to plunge 11 pc QoQ, says StanChart Secs

  July 10, 2012 15:55 IST

  Mumbai, July 10: Led by state-run banks which are set to report increased strains on asset quality, the banking sector is set to see profits decline by 11 percent in Q1 sequentially but a 43

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  UP Police Seizes Rs 10 Cr From Axis Bank Cash Van

  India | January 11, 2012 17:01 IST

  Ghaziabad, Jan 11: As part of the Election Commission's drive to put a check on money power in elections, the Ghaziabad police in Pilkhuwa today stopped an Axis bank cash van and seized Rs 10