The Reserve Bank of India has fined Axis Bank ₹1.91 crore and HDFC Bank ₹1 crore for regulatory non-compliance. Axis Bank's violations incl...

The Reserve Bank of India has imposed penalties amounting to Rs 2.91 crore on Axis Bank and HDFC Bank for deficiencies in statutory and reg...

A Bench led by acting chief Justice Manmohan, however, turned down a petition by former Rajya Sabha member Subramanian Swamy, seeking to se...

The Reserve Bank of India (RBI) has levied a monetary penalty of Rs 90.92 lakh on Axis Bank and Rs 42.78 lakh on gold loan firm Manappuram ...

For the transaction, Axis Bank was required to give notice to the fair trade regulator. However, it failed to do so, according to the order...

After the revision, Axis Bank offers interest rates between 3.5% and 7.20% on tenures ranging from 7 days to 10 years.

Axis Bank offers interest rates between 3.5% and 7.10% on tenures ranging from 7 days to 10 years. Earlier, the bank had increased by 10 ba...

After the revision, Axis Bank offers interest rates between 3.5% and 7.20% on tenures ranging from 7 days to 10 years.

RBI, however, said the penalties are based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of a...

It was observed that Axis Bank (noticee) had acted as the merchant banker in respect of 22 public issuances of debt of various companies du...

"...the bank failed to monitor/carry out ongoing due diligence in the said account to ensure that the transactions were consistent with its...

“The objective of this customer-friendly feature is to inculcate and encourage retail customers to go for long-term savings without worryin...

The RBI said penalty of Rs 2 crore has been imposed each on Axis Bank and UCO Bank for non-compliance of norms related to payment through c...

RBI said it had carried out a statutory inspection of private sector player Axis Bank with reference to its financial position as on March ...

banks are barred from creating negative balances by imposing charges on the grounds that charges will be deducted from future deposits.

ICICI Bank shares tanked 3.75 per cent to close the day at Rs 1,076.40, while HDFC Bank was down 1.73 per cent to Rs 665.55 on the BSE.

If it was prepayment charges on home loans that plagued bank customers during falling interest rates, a spike in returns offered by term de...