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AXIS BANK ADVANCES GROWTH
Kusumgar IPO price band fixed at Rs 398–419; Rs 650-crore issue opens July 8, GMP at 33%Kusumgar has set its IPO price band at Rs 398–419 for a Rs 650-crore offer for sale, opening July 8. The issue has a grey market premium of...- Union Bank of India shares drop 5% post Q1 business update, global business decline marginally on quarterly basisUnion Bank of India's stock dipped 5% following its June 2026 quarter business update. While global business saw a modest yearly growth of ...
- BoB, BoI, PNB see 350 bps credit-deposit gap widenThree major public sector banks – Bank of Baroda, Bank of India, and Punjab National Bank – are showing a significant gap between their cre...
- NCLAT revives insolvency proceedings against Chintamani's Jewellery Arcade on Axis Bank pleaInsolvency proceedings against Chintamani's Jewellery Arcade have been revived by the NCLAT after Axis Bank filed a restoration application...
- The Jammu and Kashmir Bank hits Rs 3 lakh crore business mark on 16% deposit growthJammu and Kashmir Bank has crossed the Rs 3 trillion mark in total business during the first quarter of the current fiscal. This growth, ex...
- Tamilnad Mercantile Bank shares surge 5% after strong Q1FY27 business updateTamilnad Mercantile Bank shares rose sharply on Thursday after the lender reported strong Q1FY27 business growth. Total business rose 23% y...
- HDFC Bank shares down 20% in 2026 so far. Time to buy as the governance cloud clears up?HDFC Bank shares have plunged 20% this year amid governance concerns, sparked by a former chairman's resignation. The bank has since appoin...
- Canara Bank, Indian Bank credit growth outpaces depositsLeading public sector banks, including Canara Bank and Indian Bank, are experiencing a sustained trend where their loan disbursements are e...
- Bank credit to industry grows at robust 17.5% in May: RBIIndian banks witnessed a significant surge in credit to industries, with a robust 17.5% annual growth in May. This expansion was driven by ...
- Motilal Oswal's top 4 banking picks ahead of Q1 earnings season. Do you own any?Motilal Oswal has identified its top banking picks ahead of the Q1 earnings season, anticipating strong MSME credit demand. HDFC Bank and I...
- Sensex rises over 200 points, Nifty above 24,000; Maruti Suzuki shares jump 3%Indian stock markets rebounded on Tuesday, with both Sensex and Nifty climbing approximately 0.4% after a dip in the previous session. The ...
- HDFC Bank taps Axis' outgoing CFO Puneet Sharma as new finance chiefHDFC Bank has appointed Puneet Sharma as its new finance chief, following his resignation from Axis Bank. Sharma, who will officially becom...
- Churn at private banks' finance function, 2 CFOs quitA significant reshuffle is underway in the finance departments of major Indian banks. Axis Bank and Bandhan Bank have seen their Chief Fina...
- Axis Bank CFO Puneet Sharma resigns to pursue new opportunitiesAxis Bank's Chief Financial Officer, Puneet Sharma, has resigned to pursue new professional opportunities. Sharma, who has been with the ba...
- NRI money could ease banks' funding crunch before powering India's capex: Axis Bank CEOIndian banks are set to leverage new foreign-currency deposits from the diaspora to replace costly funding, according to Axis Bank CEO Amit...
- PNB to focus on Retail, Agriculture, MSME advances, CASA deposits to boost profitability: MD Ashok ChandraPunjab National Bank is set to prioritize retail, agriculture, and MSME lending, alongside boosting low-cost deposits to fuel growth. MD an...
- Piyush Goyal holds strategic talks with Rolls-Royce delegation to bolster advanced manufacturing in IndiaUnion Minister Piyush Goyal met with a Rolls-Royce delegation to explore strengthening industrial and technological ties, highlighting the ...
- Axis Bank aims to strike optimal balance between growth and margins: MDAxis Bank is poised for industry-leading growth while balancing profitability, according to MD and CEO Amitabh Chaudhry. Despite a dip in n...
- 'Axis Bank's MSME credit could rise by Rs 10,000 cr under ECLGS 5.0'Axis Bank anticipates disbursing over ₹10,000 crore in MSME loans via the Emergency Credit Line Guarantee Scheme 5.0. The bank is also on t...
- Axis Bank raises $800 million through dual bond saleAxis Bank successfully raised $800 million through a dual tranche dollar bond, tapping into the Reserve Bank of India's concessional swap f...
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