New Delhi: 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 per cent, a move which may be followed by ot

Mumbai: An RBI audit report has found certain “aberrations“ at ICICI Bank, HDFC Bank and Axis Bank, which were accused of moneylaundering by an online portal, but no risk of systemic failure was disc

Bengaluru: A pan-India undercover investigation by Cobrapost.com has found that Axis Bank, ICCI and HDFC were engaged in money laundering, flagrantly violating various RBI guidelines, the provisions

Morgan Stanley downgraded its rating on Axis Bank to 'underweight' from 'equal weight' saying it expects the bank's impaired loans to increase.

Morgan Stanley said it sees Axis Bank's impaired loans

Axis Bank on Tuesday said a massive 50 per cent rise in retail credit, coupled with strong 26 per cent rise in net interest income (NIM), pushed its net profit 22 per cent to Rs 1,154 crore in the fir

Technology giant IBM on Monday said it has been engaged by Axis Bank in a large project to provide more efficient customer care services to its customers.

The financial details of the deal were not d

Global rating agency Moody's on Monday downgraded the standalone credit ratings of the country's largest three private sector lenders -ICICI Bank, HDFC Bank and Axis Bank -- to D+ from C- to align

Global ratings agency Moody's Investors Service said on Monday it has placed on review India's three top private sector lenders ICICI Bank, HDFC Bank and Axis Bank for possible downgrade.

The review

Schroders Plc is in talks to acquire an almost 30 per cent stake in India's Axis Asset Management in a deal worth around Rs 1.3 billion, two newspapers reported on Wednesday citing unnamed sources.

A

Axis Bank, the country's fourth largest lender, Wednesday said it is to acquire investment banking and securities unit of Enam Financial, a closely held firm, in an all-stock transaction valued at Rs.