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RBI penalises ICICI Bank, Canara Bank, Yes Bank & 9 others

RBI penalises ICICI Bank, Canara Bank, Yes Bank & 9 others

Last Updated: Friday, July 25, 2014, 20:55

ICICI Bank, Axis Bank, Canara Bank, IDBI Bank, Yes Bank and seven other banks have been penalised in the case of Deccan Chronicle Holdings, the RBI said today.

Axis Bank Q1 Net up over 18% at Rs 1,667 crore

Last Updated: Tuesday, July 22, 2014, 17:26

Private sector Axis Bank Tuesday reported 18.3 percent growth in net profit at Rs 1,667 crore for the first quarter ended June 2014.

Four wanted Naxals held in Chhattisgarh

Last Updated: Wednesday, July 16, 2014, 21:51

Security forces on Wednesday apprehended four suspected Naxalites, carrying rewards on their heads, from Maoist-affected Narayanpur district of Chhattisgarh.

Axis Bank elevates Sanjeev Gupta as Executive Director

Last Updated: Friday, June 27, 2014, 20:02

Axis Bank on Friday said it has elevated Sanjeev Kumar Gupta as Executive Director with effect from September 1, a position where he will look after key corporate functions of the lender.

Aban likely to launch up to $150 million share sale today

Last Updated: Friday, June 27, 2014, 11:05

Aban`s board had on May 28 approved share offering worth up to 25 billion rupees to institutional investors.

Bitter pills necessary for growth: Shikha Sharma

Last Updated: Thursday, June 26, 2014, 15:32

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

ICICI Bank overtakes HDFC Bank as top private bank employer

Last Updated: Sunday, June 08, 2014, 15:23

These five lenders - ICICI Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank and Yes Bank - saw their employee strength rise by over 20,000 in 2013-14.

Deepika Padukone brand ambassador of Axis Bank

Last Updated: Thursday, June 05, 2014, 09:01

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.

HAL to hit market in H2 FY'15 as first PSU IPO after 30 months

Last Updated: Sunday, May 25, 2014, 11:21

The disinvestment department is working on launching the equity sale of Hindustan Aeronautics Ltd in the second half of the current fiscal.

Nifty snaps four session poll-rally, down 23 pts

Last Updated: Wednesday, May 21, 2014, 19:06

The Indian market snapped its four session poll-rally as profit-booking in key counters of banking, pharma, infra and energy pulled down the broader benchmark by 22.60 points, but managed to end at the important 7,250-level at the NSE.

Etihad announces incentives for students flying abroad

Last Updated: Tuesday, May 20, 2014, 18:39

Eyeing the large Indian student community aspiring for admissions in universities across the US and UK, gulf airline Etihad on Tuesday announced a special programme which allows an additional baggage of 10 kg and other benefits, ahead of the academic session.

RBI should let banks decide when to go public: Nayak panel

Last Updated: Wednesday, May 14, 2014, 19:25

A Reserve Bank committee has come out against the central bank's insistence on new lenders listing in three years, saying the clause may be detrimental to the interests of minority shareholders.