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.
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.
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.
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.
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 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.
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.