High profile exits mar private banking space
The banking sector has seen increased regulatory scrutiny over the last two years as the RBI has tried to push for appropriate recognition of bad loans.
Oct 05, 2018, 15:52 PM IST
Axis Bank shares surge over 5%; mcap increases by Rs 7,212 crore
The stock was the biggest gainer among the bluechips on Sensex and Nifty.
Apr 10, 2018, 17:20 PM IST
Axis Bank CEO Shikha Sharma to step down by end of 2018
India`s banking sector has been facing increased scrutiny amid record-high bad loan levels within the banking system, the discovery of a $2 billion scam at state-run Punjab National Bank and a slew of other issues.
Apr 10, 2018, 11:46 AM IST
RBI asks Axis Bank to re-consider another term for Shikha Sharma as MD
The move comes against the backdrop of persisting concerns over mounting Non-Performing Assets (NPAs) in the banking system.
Apr 03, 2018, 10:31 AM IST
PNB scam: SFIO summons ICICI chief Chanda Kochhar, Axis Bank CEO Shikha Sharma
Both Kocchar and Sharma have been summoned for giving Rs 5,280 crore working capital facility to Mehul Choksi-promoted Gitanjali Group by a consortium of 31 banks.
Mar 06, 2018, 12:12 PM IST
We need to create better credit culture for long-term benefits: Axis Bank chief Shikha Sharma
Axis Bank chief also said that defaulting promoters must be barred from bidding for their assets during insolvency proceedings.
Mar 04, 2018, 18:23 PM IST
Nooyi, Kochhar, Shikha on Fortune most powerful biz women list
PepsiCo Chairman and CEO Indra Nooyi came in at No. 2 on the US Most Powerful Women in Business list, led by General Motors Chairman and CEO Mary Barra. Lockheed Martin Chairman, President, and CEO Marillyn Hewson took the 3rd spot.
Sep 26, 2017, 13:55 PM IST
Shikha Sharma leaves everyone guessing about her tenure at Axis Bank
Shikha Sharma is serving the second term at Axis Bank that comes to an end in June 2018.
Jul 27, 2017, 16:04 PM IST
NPA norms welcome, will force decisions: Axis' Shikha Sharma
Axis Bank MD and CEO Shikha Sharma today welcomed changes in NPA resolution as moves that will "force" decisions by cutting layers, and also said the bank is looking for one more life insurance distribution tie-up.
May 11, 2017, 16:44 PM IST
Embarrassed and upset over conduct of handful of employees: Axis Bank MD Shikha Sharma
The Income Tax Department had last week conducted a raid at an Axis Bank branch in Noida and unearthed Rs 60 crore from the accounts of 20 shell companies.
Dec 18, 2016, 13:23 PM IST
Arundhati Bhattacharya, Chanda Kochhar among most powerful women outside US
India's top women bankers, SBI chief Arundhati Bhattacharya, ICICI head Chanda Kochhar and Axis Bank CEO Shikha Sharma, are among the 50 most powerful women based outside the US
Sep 13, 2016, 09:33 AM IST
India's 10 Most Powerful Business Women
Arundhati Bhattacharya, chairperson of State Bank of India (SBI), remains the most powerful woman in the Indian business sector, according to Fortune India.
Dec 02, 2015, 13:55 PM IST
Arundhati Bhattacharya tops Fortune India powerful women list; Kochhar ranks 2nd
Chitra Ramkrishna Managing Director and Chief Executive at the NSE has bagged the 10th position.
Nov 10, 2015, 16:50 PM IST
Microsoft CEO Satya Nadella to visit Mumbai on November 5
Microsoft chief Satya Nadella will meet industry leaders like Mahindra Group Chairman Anand Mahindra, Axis Bank head Shikha Sharma and Tata Starbucks CEO Avani Davda during his one-day visit to India on November 5.
Nov 03, 2015, 19:49 PM IST
Axis Bank cuts base rate by 0.35% to 9.50%
Axis Bank, country's third largest private sector lender, Wednesday followed others in the system by cutting its base rate or the minimum rate of lending by 0.35 percent to 9.50 percent.
Sep 30, 2015, 15:40 PM IST
Axis Bank Q1 profit up 19% at Rs 1,978 crore
Private sector Axis Bank on Friday reported a 18.70 percent growth in net profit at Rs 1,978.44 crore for the first quarter ended June 30.
Jul 24, 2015, 15:01 PM IST
Axis Bank queues up, cuts base rate by 10 bps to 9.85%
A day after its bigger rival ICICI Bank cut its lending rate, the third-largest private lender, Axis Bank, Friday lowered its base rate by 0.10 percent to 9.85 percent, effective June 30.
Jun 26, 2015, 18:10 PM IST
Axis Bank cuts base rate by 0.20% to 9.95%
Country's third-largest private sector lender Axis Bank on Wednesday cut its base rate or the minimum rate of lending by 0.20 percent to 9.95 percent, following its larger peers who also cut their offerings yesterday after Reserve Bank Governor Raghuram Rajan's hard talk.
Apr 08, 2015, 13:43 PM IST
SBI's Bhattacharya most powerful Indian woman in biz: Fortune
ICICI Bank's Chanda Kochhar and Shikha Sharma of Axis Bank follow Bhattacharya at the second and the third place respectively.
Nov 09, 2014, 10:45 AM IST
