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Axis Bank mulls deeper tie-up with Max Life, may hike stake

Finance

21 February, 2020

Axis Bank mulls deeper tie-up with Max Life, may hike stake

Axis Bank, the country’s third-largest private-sector lender, said on Thursday it is exploring a long-term strategic partnership with Max Life ......

Grapevine: Apax, others eye CSS Corp; Adani may infuse funds in Simplex Infra

General

20 February, 2020

Grapevine: Apax, others eye CSS Corp; Adani may infuse funds in Simplex Infra

Private equity funds including Apax Partners and Kedaara Capital are in early discussions to acquire US-headquartered IT company CSS Corp., ......

Axis Bank elevates Talgeri to chief risk officer, ropes in AIA exec

Finance

31 December, 2019

Axis Bank elevates Talgeri to chief risk officer, ropes in AIA exec

India's third-largest private sector lender Axis Bank has strengthened its senior management through appointments of key personnel in two strategic ......

Nifty, Sensex rise nearly 1%; state-run banks gain

Markets

27 December, 2019

Nifty, Sensex rise nearly 1%; state-run banks gain

Indian shares snapped a three-day losing streak to close around 1% higher on Friday as state-run banks surged, while strength ......

Piramal Enterprises hires Axis Bank exec to head consumer finance business

Finance

20 December, 2019

Piramal Enterprises hires Axis Bank exec to head consumer finance business

Billionaire Ajay Piramal-led Piramal Enterprises Ltd has appointed Axis Bank finance chief Jairam Sridharan as the CEO of its consumer ......

Nifty, Sensex post best week in six as risk sentiment rises

Markets

13 December, 2019

Nifty, Sensex post best week in six as risk sentiment rises

Indian shares ended about 1% higher on Friday, as prospects of a trade deal between the United States and China ......

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How RBI's new norms for ARCs may affect the bad-loan market

Finance

09 December, 2019

How RBI's new norms for ARCs may affect the bad-loan market

The Reserve Bank of India’s tightening of norms for asset reconstruction companies (ARCs) to buy bad loans may lead to ......

Indian private-sector lenders signal stress in loan book

Finance

23 October, 2019

Indian private-sector lenders signal stress in loan book

Two top Indian private-sector lenders on Tuesday signalled stress in their loan books as the banks grapple with the worst ......

Indian real estate slump leaves beleaguered banks exposed

Infrastructure

14 October, 2019

Indian real estate slump leaves beleaguered banks exposed

India might have thought the worst of a bad loans crisis was past, but a severe cash crunch in the ......

Axis AMC's maiden real estate fund strikes second deal

Infrastructure

07 October, 2019

Axis AMC's maiden real estate fund strikes second deal

The maiden real estate fund of Axis Asset Management Company Ltd, a unit of private-sector lender Axis Bank Ltd, will ......