Axis Bank shares edge lower amid block deal; Bain Capital likely seller
The U.S.-based private equity firm Bain Capital looks to exit from Axis Bank by selling its remaining stake at ₹1,071- ₹1,076.05 per share via block deal today.
The U.S.-based private equity firm Bain Capital looks to exit from Axis Bank by selling its remaining stake at ₹1,071- ₹1,076.05 per share via block deal today.
Ensuring inclusion, diversity and career progression is how the country’s third-largest private bank is harnessing its talent pool.
With disruptions and transformations becoming a way of life in business, human resources has transitioned to a hardcore business role.
Axis Bank says unauthorised credit card transactions a 'malicious attempt' from certain merchants
Paytm shares have tumbled 51% from ₹761 at the close of trade on January 31, 2023, after the RBI action against PPBL.
Axis Bank, HDFC Bank, State Bank of India and YES Bank will act as payment system provider (PSP) banks to Paytm parent One97 Communications
The fintech stock has lost 53% since January 31, 2023, while its market cap has fallen over ₹25,500 crore in the last 13 sessions.
Both the companies have refuted Subramanian Swamy’s allegation, saying that they obtained all necessary regulatory approvals for the Axis Bank-Max Life deal.
Swamy has alleged that the Axis Bank-Max Life deal violated the mandatory directions of the IRDAI.
Axis Bank’s Q3 profit of ₹6,071 crore was slightly short of the market expectations, while NII was mostly in line with projections.