IRDAI Fines Max Life Insurance Rs 3 Crore for Breaking Rules
The Insurance Regulatory and Development Authority (IRDAI) said on October 14 that it had fined Max Life Insurance Company a total of Rs 3 crore...
Tag : Axis Bank
Sensex Gains Over 1,000 Points, Nifty Reclaims 17,300 Points, Infosys Jumps 4%
In line with global stock markets, benchmark stock indexes opened higher on Friday, led by IT, banking and financial stocks gains. The BSE Sensex was...
Sensex Soars Over 500 Points But Gives Up Gains on Profitable Bookings
The BSE Sensex rose 156 points, while the Nifty closed above 17,300 on Thursday after metals, IT and capital goods stocks rose on foreign capital...
Axis Bank Shares Fall 4% After Huge Block Deal
According to Bloomberg, the shares of Axis Bank fell more than 4% after a 0.5% stake in the bank changed hands in two tranches in...
Axis Bank to Acquire Nearly 10% Stake in Go Digit Life Insurance
The country’s third-largest private sector lender, Axis Bank, will invest around Rs 50-70 crore for a less than 10% stake in Fairfax-backed Go Digit Life...
Axis Bank Partners with PayNearby to Facilitate PSL Lending
Axis Bank aims to ensure its priority sector lending targets are met organically and has partnered with technology company PayNearby to facilitate its credit growth...
Kotak Mahindra Bank Reports 5,278 Fraud Cases in Q1FY22-23, SBI 9 Only
According to the Reserve Bank of India (RBI) data, Leading private sector lender Kotak Mahindra Bank recorded as many as 5,278 fraud cases in Q1FY22-23...
Sensex Crosses 60,000 Mark for First Time in More Than 4 Months
India’s stock market benchmark opened in the green on Wednesday, with the Sensex breaking the 60,000-point mark in intraday trading for the first time since...
Jupiter Steps into Mutual Fund Investing with Impunity SIP
On August 10, Jupiter, a new banking platform backed by Sequoia Capital and Tiger Global, announced its foray into investing, starting with penalty-free SIP direct...
Axis Bank Launches One-Stop Cash Management Solution
First-of-its-kind enterprise digital banking solution Simplify and automate accounts receivable reconciliation Simplify and automate accounts receivable reconciliation to accelerate cash flow and reduce business costs....