RBI imposes Rs 27-crore penalty on 13 banks

RBI imposes Rs 27-crore penalty on 13 banks

Reserve Bank of India (RBI) has imposed Rs 27-crore penalty on 13 public and private sector banks of the country for violation of Know Your Customer (KYC) norms.

Jul 27, 2016, 20:05 PM IST
Read to know how much interest these private banks offer on savings accounts!

Read to know how much interest these private banks offer on savings accounts!

Read to know how much interest these private banks offer on savings accounts!

Jun 04, 2016, 09:38 AM IST
Vodafone appoints six investment banks for $3billion India IPO

Vodafone appoints six investment banks for $3billion India IPO

Telecom major Vodafone is getting closer to its initial public offering (IPO) plan in India and the company has already selected investment bankers for the issue.

Apr 30, 2016, 19:11 PM IST

ICICI, Axis cut home loan rate by up to 0.25%

The move follows rate cuts initiated by leading players State Bank of India and HDFC Ltd in the past few days.

Apr 14, 2015, 21:04 PM IST

Now pay Rs 20 for more than 3 ATM uses at SBI, HDFC Bank, Axis

Banking consumers will have to pay more if they are prolific with ATM transactions as largest lender SBI and its private sector peers HDFC Bank and Axis Bank have capped the free-usage at three in six metros.

Nov 09, 2014, 15:09 PM IST

Jupiter`s moon Europa spun around tilted axis at one time

NASA scientists analyzed the cracks lining the icy face of Jupiter`s moon Europa and found proof that it most likely spun around a tilted axis at some point.

Sep 19, 2013, 11:44 AM IST

Cobrapost expose: RBI penalises Axis, HDFC, ICICI banks

RBI imposed a penalty of Rs 5 crore on Axis Bank, Rs 4.5 crore on HDFC Bank and Rs 1 crore on ICICI Bank.

Jun 10, 2013, 18:12 PM IST

Some truth in Cobrapost expose, will take action: Subbarao

There is "some truth" in Cobrapost's allegations of wrong doings by banks and RBI has issued notices to their managements, central bank Governor D Subbarao said Thursday.

May 30, 2013, 18:53 PM IST

Cobrapost sting: I-T issues notices to ICICI, Axis, HDFC banks

The department has asked these banks to produce documents for verification as part of its tax evasion probe.

May 28, 2013, 19:35 PM IST

FIIs up stake in ICICI, Axis, HDFC Bank; non-institutions sell

Overseas investors seem to be on a share purchase spree in the country's three leading private sector lenders -- ICICI Bank, HDFC Bank and Axis Bank -- even as non-institutional investors are turning bearish.

Apr 14, 2013, 12:54 PM IST

Axis AMC launches 'Axis Focused 25 Fund'

The equity fund offer will be opened for subscription till June 25, and people can invest through monthly instalments of Rs 1,000 or a one-time investment of Rs 5,000, the company said.

Jun 13, 2012, 18:05 PM IST

Yahoo launches web browser 'Axis'

American web giant Yahoo has launched a web browser called Axis, in a bid to define the company and its goals.

May 25, 2012, 14:35 PM IST

How Uranus ended up with its eccentric axis

It appears that early in its life Uranus experienced a succession of small punches instead of a single knock-out blow.

Oct 07, 2011, 15:11 PM IST

Cosmos Symmetry suggests universe spun an axis

The shape of the Big Bang might be more complicated than previously thought, and that the early universe spun about an axis.

Jul 08, 2011, 14:33 PM IST

Axis to offer homeloans at 8.25 pc fixed rate for two years

Two months after it launched the 8 per cent home loan offer, Axis Bank today came with a special scheme to give home loans at 8.25 per cent fixed rate for the first two years irrespective of loan amount.

Jan 05, 2010, 19:09 PM IST

Axis strengthens its network video systems with latest offerings

Axis Communications announced its first network video camera with ONVIF support highest video quality pan/tilt/zoom camera with HDTV performance and 18x zoom for indoor surveillance applications.

Oct 29, 2009, 15:40 PM IST

Axis Bank Q2 net up 32 pc at Rs 531.64 cr

Private sector lender Axis Bank on Monday reported 32 per cent rise in net profit at Rs 531.64 crore for the second quarter ended September 2009.

Oct 12, 2009, 19:01 PM IST

Global warming may tilt Earth’s axis

A new study has suggested that gloabal warming may heat up oceans to the extent that it could cause Earth’s axis to tilt in the coming century.

Aug 21, 2009, 16:15 PM IST

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