Private banks to hike fines, charges from April 1

Starting April 1, many private banks like HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank have announced a hike in charges ahead of the new rules kicking in for penalty on non-maintenance of minimum average balance in savings accounts.

Bitter pills necessary for growth: Shikha Sharma

In a candid interview with Mihir Bhatt of Zee Media Corp, Shikha Sharma shares her views on India`s growth prospects, upcoming Union Budget, inflation and much more.

Deepika Padukone brand ambassador of Axis Bank

Bollywood`s blockbuster actress Deepika Padukone was Wednesday signed on to endorse Axis Bank. She will front the private sector bank`s new campaign ‘Badhne ke kai naam hai…’, and says she`s happy to be associated with a service so important to an individual`s progress.

Bid to loot cash from ATM foiled in Thane; two arrested

An attempt to loot cash from an ATM machine of Axis Bank in Manor here was foiled in the wee hours of Tuesday by a night patrol team, which swung into action after noticing some suspicious movement inside the unguarded kiosk, police said.

ATM skimming case: Police to seek information from Bulgaria

Police will be issuing a letter rogatory to the Bulgarian Government in connection with its probe into the ATM skimming case.

ATM fraud case: Mumbai Police zero in on 2 Bulgarians

The Mumbai Police, who are probing a recent ATM skimming fraud, have established the identity of two foreign nationals involved in the case.

Four women bank employees killed in Coimbatore fire

A massive fire in a building in Tamil Nadu`s Coimbatore district claimed four lives.

Fitch revises up outlook of Axis Bank to stable

Global rating agency Fitch on Tuesday
revised outlook for Axis Bank upwards-- from negative to
stable-- on improved domestic economic scenario and the
prudent plans of the banks` new management.

Axis Q3 net up 31% on strong NII, fee income

Buoyed by healthy growth in its net interest income (NII) and fee-based revenue, private sector lender Axis Bank today announced 31 per cent jump in its net profit in third quarter of this fiscal at Rs 656 crore.

ICICI, Axis cut car loan rates

The car finance market is hotting up with ICICI Bank and Axis Bank slashing interest on new car loans.

Honda Siel Cars ties up with Axis Bank

Car maker Honda Siel Cars India on Monday said it has entered into a memorandum of understanding with private lender Axis Bank for vehicle finance.

CPP Assistance in pact with Axis Bank for card protection

CPP Assistance today entered into a tie-up with Axis Bank to provide protection to the bank`s customers in the event of card loss or theft.

Axis Bank sees pick up in credit growth

Leading private sector lender Axis
Bank today said its credit growth has been picking up in the
third quarter above the industry average on the back of
revival in economic activities.

Axis Bank lowers GDP growth forecast to 6.2% for 2009-10

Private sector lender Axis Bank
on Thursday lowered India`s economic growth projection to 6.2 per
cent for the current fiscal from earlier estimate of 6.4 per
cent, mainly on account of lower farm output.

AXIS Bank fixes QIP, GDR issue at Rs 906.70 a piece

The country`s 3rd largest private sector lender, Axis Bank, today said it has fixed Rs 906.70 per equity share under its GDRs and QIP offerings.

Axis Bank raises $720 mn via GDR, QIPs

Axis Bank has raised USD 720 million through a sale of shares to institutions and an issue of global depositary receipts on strong demand from European and US investors, two banking sources said on Friday.

Hefty pay packet for Axis Bank chief Shikha Sharma

Former ICICI Bank veteran Shikha Sharma will take home a hefty pay packet as Axis Bank Managing Director and CEO that will be in excess of Rs 2 crore a year, if one counts allowances and other perquisites.