Axis Bank Ltd. is nearing a deal to buy Citigroup Inc.’s India retail banking business in a transaction that could be valued at about $2.5 billion. An agreement for the consumer unit may be announced as soon as the next few weeks and is contingent on approval from the Reserve ...

Axis Bank has announced the approval to reclassify Oriental Insurance Company Ltd (OICL) from promoter category to public category shareholder in the bank. In October, applications were made to BSE and NSE for reclassification of The New Oriental Insurance Co to public ...

Axis Bank is working with new digital services from provider Swift to provide a comprehensive digital solution to clients. The bank is integrating with different digitization initiatives by government bodies and service providers to extend an end-to-end service to business clients. ...

Axis Bank has signed an MoU with the Indian Navy, offering a defence Service Salary package with best-in-class benefits and features under its ‘’Power Salute’’ initiative. The benefits include a personal accidental cover of up to ₹56 lakh to all navy personnel, veterans, and ...

The Reserve Bank of India (RBI) approved the re-appointment of Mr. Amitabh Chaudhry as Managing Director and Chief Executive Officer (CEO) of leading private lender - Axis Bank for a period of three years. Amitabh had taken charge as Axis Bank’s new MD and CEO in January 2019 after outgoing ...

The Reserve Bank of India (RBI) has approved the re-appointment of Amitabh Chaudhry as the Managing Director & CEO of Axis Bank for a period of three years. The private lender confirmed the appointment and stated that it has received the central bank's approval for Chaudhry's re-appointment ...