Tata Motors inks MoU with Axis Bank for exclusive financing program
Tata Motors announced it has entered into a partnership with Axis Bank to offer an exclusive Electric Vehicle Dealer Financing solution to its authorized passenger EV dealers.
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Tata Motors announced it has entered into a partnership with Axis Bank to offer an exclusive Electric Vehicle Dealer Financing solution to its authorized passenger EV dealers.
Axis Bank has been fined 93 lakh rupees, while IDBI Bank has been fined 90 lakh rupees by the Reserve Bank, according to an official statement issued by the Central bank on Friday.
Citibank announced last year that it would exit its consumer franchises in 13 markets, including India, to refocus on its more profitable institutional and wealth management businesses.
According to the order, Axis Bank has 45 days to pay the money to the market regulator.
Stocks of Axis Bank rose by 4% to ₹738.65 per equity share against the previous close at ₹704.60 per share, in today’s early trade.
As of December 31, 2021, the bank’s reported Gross NPA and Net NPA levels were 3.17% and 0.91% respectively as against 3.53% and 1.08% as of September 30, 2021.
The majority of banking stocks trading on a bearish note scrapping their previous record highs.
On September 6, Axis Bank announced that it had planned to introduce a chain of schemes and practices for their employees and customers belonging to the LGBTQIA+ community to advocate and execute the three core values: diversity, equity and inclusion.
On Wednesday, Axis Bank enjoyed a 52-week high of Rs 819 per share after ending with a brilliant 4.2 per cent on the BSE during the intra-day trade.
Here’s a list of the top 25 best workplaces to consider for better growth in your career in India.
A system outage appears when the bank is supposed to make a detailed report to the regulator on how they have fixed the glitches.
SBI, HDFC, ICICI are among those 40 banks whose OTP system may not work properly from April 1, 2021.
Axis Bank has revised Fixed Deposit Rates with effect from 18th March.
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