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Axis Bank completes acquisition of Citibank’s consumer business for ₹11,603 crore – here’s everything to know

India’s third-largest private lender Axis Bank on Wednesday said it has completed the acquisition o…

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Axis Bank Q3 net profit grows 62% YoY to ₹5,853 crore, beats expectations even as provisions and slippages rise

Axis Bank on Monday reported a standalone net profit of ₹5,853 crore in Q3, registering a growth of…

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Axis Bank scoops up Citi India’s retail assets, including the lucrative credit card business, for $1.6 billion

Axis Bank has acquired Citi India’s retail assets, including the company’s lucrative credit card bu…

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Here’s why Axis Bank may be willing to pay $2 billion to buy Citi’s India ops

Axis Bank could be the leading horse in the race to acquire Citi Bank’s retail assets, and the bigg…

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India's super-rich gear up for a better year ahead: Knight Frank

100% UHNIs in India expect their wealth to grow in 2023, compared to 69% globally. 15% Indian UHNI…

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Axis Bank beats street estimates on net profit, business growth disappoints

Axis Bank, the third largest private sector bank, on Monday reported a net profit of Rs 4,125 crore…

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Bank of Baroda enables digital loans through the Account Aggregator framework – here’s what it means and how to use it

Bank of Baroda today announced the rollout of digital loans through the Account Aggregator framewor…

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Base case for Nifty50 by Dec 2024 is 23,000, says Pranav Haridasan of Axis Securities

Markets like consistency and predictability, which is why companies like HDFC Bank, TCS and Infosys…

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1 min read

Axis Bank's stocks rise after acquiring Citibank's consumer business in India

The deal is subject to regulatory approvals. Accordingly, the share price of Axis Bank rose t…

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4 mins read

Axis Bank may soon become the third largest credit card player after HDFC Bank and SBI post the Citibank deal

Axis Bank may soon join the top league, at least in the credit card space, after one of the biggest…

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4 mins read

SBI to ICICI — five banks among top 10 public Indian companies in the Forbes Global 2000 list

Four banks and a finance company made it to the top ten Indian firms in the Forbes Global 2000 list…

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Indian companies raised $14 billion via IPOs and their i-bankers made $300 million in fees

The fiscal year 2022 witnessed the public debut of 52 companies — some good, some bad and some that…

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The most valuable credit cardholders are not from HDFC, SBI, Citi or other major credit card companies

When you think of credit cards, the first few names that pop up in your mind are most likely HDFC B…

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After 19% attrition, Axis Bank is headed to IITs, ISB and National Institute of Design for hiring

Axis Bank Chief Executive Amitabh Chaudhry’s push for digitisation and automation has forced out 15…

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Yes Bank is looking to raise ₹10,000 crore through FPO – with Kotak Securities, Axis Capital, and SBI Capital reportedly to be key players

Yes Bank’s Managing Director and Chief Executive Officer Prashant Kumar told Livemint in May t…

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Bank shares taking a beating in mkt rout; Axis Bank tumbles 28 pc

"The benchmarks recorded the worst single-day fall. Investors continued to worry over the impact o…

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Sensex, Nifty50 surge in morning trade led by banking and metal stocks

India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Thursday amid posit…

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Digital payments in India touch Rs 38.3 lakh cr at over 23 bn transactions

The Unified Payments Interface (UPI), debit and credit cards, prepaid payment instruments like mobi…

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7 mins read

ICICI Bank shares hit a new high after a strong Q2 – here’s what the analysts are saying

ICICI Bank shares have hit a new 52-week high after the private lender delivered better-than-expect…