Valuation comfort likely to limit downside for Axis Bank's stock

Given a current market price of Rs 860 and valuations ranging from between Rs 1,100 and Rs 1,225, there could be a decent upside. Devangshu Datta reports. Photograph: Danish Siddiqui/Reuters Axis......

India to face export shocks from global recession

India has been relatively insulated from the severe headwinds in the West. However, with a third of the global economy expected to slip into recession in calendar year 2023, the impact will......

What acquisition of Citi's retail biz means for Axis Bank

The quality of customers it acquires holds the key to success but the benefits of the buyout could kick in only from FY25. Manojit Saha and Subrata Panda report. Photograph: Arko Datta/Reuters......

Citi credit card business losing steam in India

At a time when banks are engaged in a fierce battle to gain market share in the credit card segment, Citibank India has been losing its share, both in terms of outstanding cards and spends in the......