Axis Bank Shares
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Axis Bank dragged to first quarterly loss at Rs 2,188 cr by bad loans on three-fold surge in provisions
•Axis Bank has seen its non-performing loans jump more than eight times in the past three years to 342.49 billion rupees, or 6.77 percent of its loan book, at the end of March.
Axis Bank stock rises 4% after CEO & MD Shikha Sharma's tenure shortened
•The Axis Bank board on Monday curtailed the fourth term of Shikha Sharma to seven months following an unusual request from her that she be relieved on December 2018, 29 months ahead of the scheduled term