Axis Bank share price decreased slightly in the first trade on September 2 after Central Bank imposed a fine of Rs 25 lakh on the bank for illegal activities. The Reserve Bank of India (RBI) on September 1 ruled that Axis Bank would impose a $ 25 fine for violating the rules, the central bank …
Axis Bank share price declines after SEBI fines Rs 25 lakh Read More »
Axis Bank on Wednesday said its board of directors had approved the reorganization of The Oriental Insurance Company Ltd (OICL) from the promoters’ category to shareholders in the public sector. The bank said it received a request from the OICL dated 7 September 2021, with a 0.16% stake in the bank, to redistribute it as …
Private lender Axis Bank has received Rs 3,004 crore for loan repurchase requests under the COVID resolution framework, of which Rs 623 crore has so far been in force, a conference call after the top management announced Q4 financial results on April 27 I said Out of the Rs 3,004 crore requests received, the debt …
Axis Bank Limited has been fined by the RBI for contravention of/non-compliance with certain provisions of directions issued by it. New Delhi: The Reserve Bank of India (RBI) on Wednesday imposed a fine of Rs 25 lakhs on Axis Bank Limited for contravention / non-compliance with certain provisions of the instructions issued by it. “RBI …
RBI imposes a fine of Rs 25 Lakh on Axis bank for non-compliance with standards Read More »
