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Better jobs, income boosting home loan demand from small cities; banks buck corporate slowdown

Jan 28, 2016

Better jobs, income boosting home loan demand from small cities; banks buck corporate slowdown

India's banks, struggling to boost mainstay corporate loans, are finding a bright spot in a home-buying spree in the country's towns that has driven mortgage-loan growth to the fastest rate in at least six years. #Narendra Modi #ICICI Bank #SBI #Axis Bank #Mortgage loan #home loan growth #Jayanthy Lakshmi
Bank stocks up on government steps to address bad loans

Nov 27, 2015

Bank stocks up on government steps to address bad loans

Shares of banks today went up by about 6 per cent after the government said that it is planning to set up a high-level panel to effectively deal with the issue of mounting bad loans. #Banks #ICICI Bank #SBI #BSE #NSE #Axis Bank #HDFC Bank #shares #IDBJ Bank
Mobile banking will become our primary digital channel soon: Axis Bank CIO Amit Sethi

Nov 02, 2015

Mobile banking will become our primary digital channel soon: Axis Bank CIO Amit Sethi

In an interview, Axis Bank CIO Amit Sethi says, "Today, 88-90 percent of transactions at Axis Bank are actually happening electronically; and only 11 percent are happening in the branches. It is a huge switch." #digital #Interview #Axis Bank #CIO #Security #analytics #cloud #mobility #Big Data #Amit Sethi
Sensex drops over 150 points on weak Chinese markets, Axis Bank tumbles 6%

Oct 28, 2015

Sensex drops over 150 points on weak Chinese markets, Axis Bank tumbles 6%

Despite a nervous start, breadth of the market exhibited a positive trend with 885 stocks advancing against 646 declines on BSE #Sensex #nifty #BSE #Axis Bank #US Fed #Q2 Results #banking stocks #CNX #Chinese markets #rate setting meeting
Snapdeal to help sellers get loans worth Rs 1,000 cr by Mar'16

Oct 06, 2015

Snapdeal to help sellers get loans worth Rs 1,000 cr by Mar'16

Launched in August last year, Capital Assist helps sellers meet their working capital requirement as they scale their businesses on the Snapdeal marketplace platform. #Religare #ICICI Bank #Axis Bank #HDFC Bank #CompanyWatch #E-Commerce #Flipkart #Snapdeal #L&T Finance #Capital Assist #RBL
Axis Bank slashes base rate by 0.35% to 9.50%, third cut in current fiscal

Sep 30, 2015

Axis Bank slashes base rate by 0.35% to 9.50%, third cut in current fiscal

This is third rate cut by the Shikha Sharma-led bank this fiscal, following a 0.20 percent cut in April and a 0.10 percent cut in June. #Economy #Business #RBI #SBI #Arun Jaitley #Axis Bank #CompanyWatch #Raghuram Rajan #ANDHRA BANK #Shikha Sharma