Axis Bank credit card users affected by fraudulent transactions: report

Several customers with Axis Bank credit cards affected by overseas fraudulent transactions Mumbai: Several customers with Axis Bank credit cards were affected by fraudulent transactions from overseas, a senior official of the third-largest private sector bank said today. Sanjeev Moghe, head of cards and payments at the city-based bank, said customers had witnessed unauthorized transactions … Read more

South Africa accuses US Congress of adding it to new ‘axis of evil’ over Israeli genocide

Washington—— South Africa seeks to limit the damage to its relationship with Washington over a legal challenge to Israel’s attacks on Gaza, a South African official said on Tuesday. South Africa’s International Relations and Cooperation Minister Naledi Pandor is in Washington seeking to persuade U.S. lawmakers to abandon a proposed law that would further exacerbate … Read more

HDFC Bank Group to acquire up to 9.5% stake in Yes Bank, Axis Bank and 4 other banks, gets approval from Reserve Bank of India (RBI)

HDFC Bank Group has received approval from the Reserve Bank of India to acquire up to 9.50% stake in six private lenders. The license enables the group to purchase stakes in ICICI Bank, IndusInd Bank, Yes Bank, Axis Bank, Bandhan Bank and Suryoday Small Finance Bank. The approval covers the HDFC Bank group, including its … Read more

India’s nuclear axis passes through France: How SMR tech can uplift India’s power sector

As French President Emmanuel Macron’s visit to India as the Republic Day guest of honor came to an end, discussions on cooperation in defence, space and civil nuclear aspects emerged as the highlight of the meetings. Of these, discussions on small modular reactors (SMRs) have proven to be of particular interest as India pivots its … Read more

Stocks to watch on January 24: Pidilite, Axis Bank, Tata Elxsi, Bharti Airtel and others

Stocks to watch today: Benchmark Sensex and Nifty indices are expected to open strongly on January 24, as indicated by positive trends in GIFT Nifty, which showed a gain of 87 points for the broader index. Also read: Terrible Tuesday! Why did Sensex break today? Will the stock market bounce again? On January 23, the … Read more

Axis Bank’s Q3 net profit rises to Rs 6,071 crore

Private sector Axis Bank on Tuesday reported 4 per cent rise in standalone net profit to Rs 6,071 crore for the third quarter ended December 2023. The bank had earned a net profit of Rs 5,853 crore in the October-December quarter of 2022. Axis Bank said in a regulatory filing that the bank’s total income … Read more

Ram Mandir Ayodhya: HDFC Bank, Axis Bank will remain closed on January 22

Major private sector lenders HDFC Bank and Axis Bank will remain closed on January 22 on the occasion of Ram temple consecration ceremony in Ayodhya. “The bank (HDFC Bank) will remain closed for the entire day in Uttar Pradesh and Uttarakhand on January 22, 2024,” a senior HDFC Bank official said, according to a Moneycontrol … Read more