Axis

Another cut: SBI slashes retail deposit rate by 25 bps

India's largest public sector lender State Bank of India (SBI) has cut interest rates of three retail term deposits below Rs 1 crore by 25 basis points with effect from December 8.

Axis Announces Surveillance Solution For SMEs

The new solution allows small business owners to use HDTV network cameras to help them clearly identify intruders and other incidents from anywhere.

Pre-Diwali panic as 3 million-plus debit cards 'tainted'; banks yet to disclose extent of card compromise

The problem has hit mainly debit cards, and several banks, including the State Bank Of India (SBI), have already started blocking their customers' debit cards and re-issuing fresh ones to them free of cost.

32 lakh debit cards compromised, affected banks include SBI, HDFC, YES, AXIS, BOB and ICICI

32 lakh debit cards issued by various banks are compromised in what is turning out to be the biggest financial breach in India so far.

Hitler not dead? British historian claims massive cover up, says Nazi leader escaped Germany

Adolf Hitler did not commit suicide at the end of the second world war but was spirited out of Germany by the Nazis in a massive cover up to make the world fall a victim to "duplicitous deception," a noted British historian has claimed.

Alkem Labs appoints Nomura, Axis as bankers for up to Rs 1,800 cr IPO

Alkem Laboratories has appointed Nomura and Axis Capital as lead bankers for a planned Rs 1,500-1,800 crore IPO

Promoters of 3 ADAG firms pledge shares worth Rs 3,700 cr

MF assets at Rs 8.78 lakh cr in 2013, up by Rs 85,000 cr

Fund houses are upbeat about an even better performance in 2014 on account of various measures initiated by market regulator Sebi as well as plans of individual players to expand the distribution network across the country.

Insurance cos hope sector revival follows economic recovery

Lack of political consensus kept the long pending Insurance Bill a pipe-dream in a year that saw allegations of money laundering being levelled against some operators, an increase in investment exposure and the industry's continuous fight against the slowdown.

ICICI Bank, HDFC Bank slash deposit rates by up to 50 bps

Two of the biggest private sector lenders ICICI Bank and HDFC Bank have effected a cut of up to 0.50 percent in term deposit rates following tepid credit growth and ease in money market rates.