News for 'ICICI Bank and Axis Bank'

Sensex closes down 53 pts in volatile trade

Sensex closes down 53 pts in volatile trade

Rediff.com21 May 2024

Among the Sensex components, Nestle, Maruti, IndusInd Bank, ICICI Bank, Hindustan Unilever, Larsen & Toubro, Tata Consultancy Services, Infosys, HDFC Bank and Axis Bank were the major laggards. Tata Steel, JSW Steel, Power Grid, Tech Mahindra and State Bank of India were among the gainers.

Sensex, Nifty end flat amid volatile trade

Sensex, Nifty end flat amid volatile trade

Rediff.com10 Dec 2024

Finance, ICICI Bank, Mahindra &h Mahindra, Kotak Mahindra Bank and Titan were among the gainers. Bharti Airtel, Adani Ports, Tech Mahindra, Reliance Industries, Axis Bank, Larsen & Toubro were the laggards.

RBI, 926 bank branches to accept advance I-T

RBI, 926 bank branches to accept advance I-T

Rediff.com17 Aug 2009

Of these, 862 branches belong to public sector banks. Thirty-five HDFC Bank, 10 ICICI Bank and 19 Axis Bank branches would also accept advance income tax.

IT, oil, banking shares boost Sensex by 760 points

IT, oil, banking shares boost Sensex by 760 points

Rediff.com18 Jul 2022

Benchmark stock indices Sensex and Nifty spurted over 1 per cent at close on Monday following buying in IT, oil and gas and banking shares bolstered by firm global trends. Rising for a second straight session, the 30-share BSE Sensex rallied 760.37 points or 1.41 per cent to settle at 54,521.15. During the day, it jumped 795.88 points or 1.48 per cent to 53,760.78. The broader NSE Nifty advanced 229.30 points or 1.43 per cent to 16,278.50 as 41 of its constituents advanced.

Aditya Puri continues to be the highest paid bank CEO

Aditya Puri continues to be the highest paid bank CEO

Rediff.com27 Jun 2015

Puri earned a salary of Rs 7.39 crore in FY15, up 21.74% from last year

Markets sink over 2%; Sensex ends below 53K

Markets sink over 2%; Sensex ends below 53K

Rediff.com12 May 2022

Benchmark indices continued their downtrend for the fifth session on the trot on Thursday, with the Sensex tumbling nearly 817 points in early trade, tracking weak global trends and selling in index majors Reliance Industries and HDFC Bank. Unabated selling by foreign institutional investors also weighed on the sentiment. The 30-share BSE Sensex was trading 816.78 points lower at 53,271.61. The NSE Nifty declined 234.05 points to 15,933.05.

Sensex advances 187 points on gains in financial stocks

Sensex advances 187 points on gains in financial stocks

Rediff.com7 Jul 2020

On the Sensex chart, Bajaj Finance was the top gainer, rallying around 8 per cent, followed by IndusInd Bank, Bajaj Finserv, Infosys, ICICI Bank, Axis Bank and HCL Tech. On the other hand, NTPC, ITC, PowerGrid and Tata Steel were among the laggards.

Profits: Govt banks ahead of private banks

Profits: Govt banks ahead of private banks

Rediff.com24 Jun 2021

Not all public sector banks are back in the black, but their collective net profit for the year is Rs 32,346 crore against a Rs 9,013 crore loss in the previous year, points out Tamal Bandyopadhyay.

Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Sensex jumps 1,006 pts on buying in RIL, foreign fund inflows

Rediff.com28 Apr 2025

Sun Pharma, Tata Steel, State Bank of India, Axis Bank, Tata Motors, Larsen & Toubro and ICICI Bank were also among the Sensex gainers. HCL Tech, UltraTech Cement, Nestle and Hindustan Unilever were among the laggards.

Why Shikha Sharma should lead Axis Bank

Why Shikha Sharma should lead Axis Bank

Rediff.com24 Apr 2009

Shikha Sharma's contentious appointment as CEO of Axis Bank doesn't detract from her sound reputation in the financial world.

Sensex surges 690 points to reclaim 71K

Sensex surges 690 points to reclaim 71K

Rediff.com24 Jan 2024

Among the Sensex firms, major winners included Tata Steel, rising 3.77 per cent, followed by HCL Tech, which gained 3.62 per cent. IndusInd Bank and PowerGrid closed with a gain of 3,60 and 3.34 per cent, respectively. Other gainers were Tech Mahindra, Hindustan Unilever, Bajaj Finserve and Bharti Airtel, among others. On the other hand, ICICI Bank, Axis Bank, Asian Paints, Bajaj Finance and TCS were the only laggards, sliding up to 2.94 per cent.

Banks set up play area for kids, conference rooms for HNIs

Banks set up play area for kids, conference rooms for HNIs

Rediff.com5 Sep 2012

Private lenders like Federal Bank and Axis Bank have set up branches that have special areas for children, with books, toys and video games to keep them engaged while their parents are busy doing banking transactions.

OYO to file DRHP in Nov, eyes $7-8 bn IPO valuation

OYO to file DRHP in Nov, eyes $7-8 bn IPO valuation

Rediff.com25 Aug 2025

Global travel tech firm OYO plans to file its Draft Red Herring Prospectus (DRHP) in November, eyeing a $7-8 billion valuation for its IPO, sources said. The company is expected to approach its board with the proposal next week, people familiar with the matter told PTI.

Losses in banking stocks pull Sensex below 51,000

Losses in banking stocks pull Sensex below 51,000

Rediff.com19 Feb 2021

ONGC was the top loser in the Sensex pack, shedding around 5 per cent, followed by SBI, Axis Bank, ICICI Bank, Bajaj Auto and Maruti. On the other hand, IndusInd Bank, HUL, Dr Reddy's, NTPC and Reliance Industries were among the gainers.

Vedanta demerger gets nod from majority of creditors, including SBI: Official

Vedanta demerger gets nod from majority of creditors, including SBI: Official

Rediff.com6 Jun 2024

Mining conglomerate Vedanta Limited has received approvals from the majority of its creditors for a proposed demerger of businesses, marking an important step in the company's plan to split into six independent listed companies. "I am happy to let all of you know that we have received the 52 per cent plus the additional percentage, which is required for us to reach 75 per cent. "We have crossed that threshold as well. Most of the lenders have approved it," a senior Vedanta executive said in a recent bondholder conference call.

Bank stocks, global markets lift Sensex by 139 points

Bank stocks, global markets lift Sensex by 139 points

Rediff.com23 Jul 2021

ICICI Bank was the top gainer in the Sensex pack, rising over 3 per cent, followed by ITC, SBI, HCL Tech, Axis Bank, Bajaj Finserv and Tech Mahindra. NSE Nifty advanced 32 points to 15,856.05.

Sensex rallies 281 points, Nifty closes above 11k-mark

Sensex rallies 281 points, Nifty closes above 11k-mark

Rediff.com13 Sep 2019

Top gainers in the Sensex pack included Vedanta, ICICI Bank, ONGC, Kotak Bank, Axis Bank, SBI, M&M, Infosys, PowerGrid, HCL Tech, NTPC, Bajaj Finance and Reliance Industries, rising up to 2.72 per cent.

Credit card spends touch all-time high of Rs 1.16 trillion in July

Credit card spends touch all-time high of Rs 1.16 trillion in July

Rediff.com31 Aug 2022

Credit card spends touched an all-time high of Rs 1.16 trillion in July, registering a growth of 6.5 per cent on a month-on-month basis and 54 per cent year-on-year, latest data put out by the Reserve Bank of India revealed. Spends have topped the Rs 1 trillion level for five consecutive months now. Industry participants are expecting further tailwinds in credit card spends with the onset of the festive season, where spends typically remain at an elevated level.

Markets bounce back; Sensex climbs 218 points

Markets bounce back; Sensex climbs 218 points

Rediff.com18 Oct 2024

ICICI Bank, Tata Motors, Tata Steel, NTPC, JSW Steel, State Bank of India and Adani Ports were the other big gainers. Asian Paints, Nestle, Tech Mahindra, HCL Technologies, Hindustan Unilever, Infosys and ITC were the other big laggards.

Buying in index majors push Sensex up 327 points

Buying in index majors push Sensex up 327 points

Rediff.com2 Jan 2023

Equity benchmarks started the first day of trade of the New Year on a positive note and ended with smart gains, propelled by buying in index majors Reliance Industries and ICICI Bank amid a firm trend in European markets. The 30-share BSE Sensex climbed 327.05 points or 0.54 per cent to settle at 61,167.79 on Monday. During the day, it jumped 382.05 points or 0.62 per cent to 61,222.79.

9 more banks under scanner over money laundering

9 more banks under scanner over money laundering

Rediff.com16 Oct 2015

Finance Minister Arun Jaitley said the magnitude of the alleged black money transfer through state-owned BoB will only be known after completion of the multi-disciplinary probe.

Sensex ends 195 pts higher; Nifty tops 12,900

Sensex ends 195 pts higher; Nifty tops 12,900

Rediff.com23 Nov 2020

ONGC was the top gainer in the Sensex pack, surging around 7 per cent, followed by IndusInd Bank, Infosys, Tech Mahindra, Reliance Industries, HCL Tech and TCS. On the other hand, HDFC, ICICI Bank, Axis Bank, SBI and M&M were among the laggards.

Markets recovery makes investors richer by Rs 4.21 lakh cr

Markets recovery makes investors richer by Rs 4.21 lakh cr

Rediff.com28 Oct 2024

Investors' wealth on Monday surged Rs 4.21 lakh crore as markets bounced back after five days of fall. The BSE Sensex jumped 602.75 points or 0.76 per cent to settle at 80,005.04. During the day, it surged 1,137.52 points or 1.43 per cent to 80,539.81.

RBI rule on unsecured loans to hit lenders' capital, loan growth: Analysts

RBI rule on unsecured loans to hit lenders' capital, loan growth: Analysts

Rediff.com27 Nov 2023

The Reserve Bank of India's (RBI's) latest order on unsecured loans is set to hit the banking sector's growth in the near-term, cautioned analysts, as they see banks slowing down on aggressive retail lending. Besides, cost of funds for non-banking finance companies (NBFC) is expected to inch up as banks will pass on higher capital charge to NBFCs. "We believe the fallout of the RBI action will be mainly on growth, given the rising dependence on unsecured retail loans and lending to NBFCs for growth.

Sensex jumps 349 points; Nifty scales fresh lifetime high

Sensex jumps 349 points; Nifty scales fresh lifetime high

Rediff.com20 Feb 2024

Among Sensex gainers, Power Grid jumped the most by 4.16 per cent after its board approved an investment of Rs 656 crore in transmission projects. Private lenders HDFC Bank, Axis Bank, Kotak Bank, IndusInd Bank and ICICI Bank were also among lead gainers. NTPC, Nestle and Hindustan Unilever also ended the session with gains.

Sensex snaps 5-day winning run, ends 144 points lower

Sensex snaps 5-day winning run, ends 144 points lower

Rediff.com10 Dec 2020

UltraTech Cement was the top loser in the Sensex pack, shedding around 3 per cent, followed by M&M, HDFC Bank, IndusInd Bank, Axis Bank and Reliance Industries. NSE Nifty fell 50.80 points or 0.38 per cent to 13,478.30.

Prashant Kumar to be Yes Bank's new MD & CEO

Prashant Kumar to be Yes Bank's new MD & CEO

Rediff.com16 Mar 2020

The other board members will be Sunil Mehta, former non-executive chairman of Punjab National Bank, as the non executive chairman of Yes Bank, Mahesh Krishnamurthy and Atul Bheda as non-executive directors.

Sensex reclaims 80K; Nifty surges 405 points

Sensex reclaims 80K; Nifty surges 405 points

Rediff.com25 Nov 2024

From the 30-share Sensex pack, Mahindra & Mahindra, Larsen & Toubro, State Bank of India, Reliance Industries, ICICI Bank and Bajaj Finance were the biggest gainers. JSW Steel and Infosys were the laggards.

Sensex pares most losses; ends down 104 points

Sensex pares most losses; ends down 104 points

Rediff.com20 Dec 2022

Equity benchmarks recovered most of their intra-day losses and ended marginally lower on Tuesday amid buying in index majors Reliance Industries and Tata Consultancy Services. Helped by last minute buying activity in some of the index heavyweights, the 30-share BSE benchmark Sensex managed to trim most of its early declines and ended lower by 103.90 points or 0.17 per cent at 61,702.29. During the day, it had tumbled 703.51 points or 1.13 per cent to 61,102.68.

Sensex slumps 324 pts; Nifty drops below 11,650 on F&O expiry

Sensex slumps 324 pts; Nifty drops below 11,650 on F&O expiry

Rediff.com25 Apr 2019

Top losers in the Sensex pack included Tata Steel, Vedanta, Maruti, SBI, Coal India, Tata Motors, Sun Pharma, HUL, RIL, IndusInd Bank, Axis Bank, HDFC duo, ICICI Bank, M&M, Kotak Bank, and Infosys, falling up to 2.89 per cent.

Sensex up 38 points; bank stocks shine

Sensex up 38 points; bank stocks shine

Rediff.com13 Apr 2023

Benchmark equity indices Sensex and Nifty ticked higher for the ninth straight session on Thursday, buoyed by fag-end buying in banking, financial and realty stocks amid encouraging domestic retail inflation data. Weak trends in IT counters and fall in the overnight US equity markets triggered by fresh concerns over recession, however, put a check on market's uptrend. In a largely subdued session, the 30-share BSE Sensex went up marginally by 38.23 points or 0.06 per cent to settle at 60,431.

Yes Bank stocks may face mass selling on Monday

Yes Bank stocks may face mass selling on Monday

Rediff.com12 Mar 2023

Shares of Yes Bank may face selling pressure as the Reserve Bank-mandated three-year lock-in period for individual investors and exchange-traded funds is ending on Monday, according to analysts. The analysts expect distress on the bank counter on Monday as they expect investors, primarily the nine banks led by State Bank, which picked up almost 49 per cent of its stocks in March 2020 for Rs 10 per share -- at a premium of Rs 8 on the face value as part of the RBI bailout, making an exit. Exchange-traded funds are also likely to press the exit button.

Headcount in public sector banks has fallen 8.72% in 8 years

Headcount in public sector banks has fallen 8.72% in 8 years

Rediff.com16 Jan 2023

Public-sector banks, which are the largest employers in the banking space, have seen a drop in clerical staff over the years.

Stock markets log biggest single-day rise; Sensex ends up 2975 points

Stock markets log biggest single-day rise; Sensex ends up 2975 points

Rediff.com12 May 2025

From the Sensex firms, Adani Ports, Eternal, Bajaj Finance, Axis Bank, Bajaj Finserv, Reliance Industries, Power Grid and NTPC were the major gainers. Sun Pharma, however, tanked over 5 per cent.

Markets snap 8-session winning streak; Sensex drops 236 pts

Markets snap 8-session winning streak; Sensex drops 236 pts

Rediff.com12 Nov 2020

SBI was the top loser in the Sensex pack, shedding around 3 per cent, followed by Kotak Bank, IndusInd Bank, NTPC, ICICI Bank, Axis Bank and HDFC Bank. On the other hand, HUL, ITC, L&T, Bajaj Finserv and Tech Mahindra ended with gains.

Sensex tanks 1,011 pts as oil crash sparks global sell-off

Sensex tanks 1,011 pts as oil crash sparks global sell-off

Rediff.com21 Apr 2020

IndusInd Bank was the top laggard in the Sensex pack, sinking over 12 per cent, followed by Bajaj Finance, ICICI Bank, Axis Bank, M&M, Tata Steel, ONGC and Maruti. On the other hand, Bharti Airtel, Hero MotoCorp and Nestle India were the gainers. NSE Nifty plummeted 280.40 points, or 3.03 per cent, to 8,981.45.

Credit card spends jump 57% in September

Credit card spends jump 57% in September

Rediff.com3 Nov 2021

Credit card spends jumped 57 per cent year-on-year (YoY) in September, aided by the festive season. According to the latest Reserve Bank of India (RBI) data, in September, credit card spends totalled Rs 80,477.18 crore compared to Rs 77,981 crore in August, thereby registering a 3.2 per cent growth sequentially, despite the high base. In the corresponding period last year, credit card spend was to the tune of Rs 51,356.68 crore.

Sensex drops 186 points on profit-booking

Sensex drops 186 points on profit-booking

Rediff.com29 Jun 2021

Kotak Bank was the top loser in the Sensex pack, shedding over 1 per cent, followed by ICICI Bank, Tech Mahindra, Bajaj Auto, Mahindra and Mahindra, SBI and Axis Bank. NSE Nifty tumbled 66.25 points to 15,748.45.

Markets end flat as investors remain on the sidelines

Markets end flat as investors remain on the sidelines

Rediff.com11 Jun 2024

Among the 30 Sensex companies, Kotak Mahindra Bank, Asian Paints, Reliance Industries, ITC, Sun Pharma, ICICI Bank, Axis Bank and JSW Steel were the major laggards. Larsen & Toubro, Tata Motors, Maruti, NTPC, Mahindra & Mahindra and UltraTech Cement were among the gainers.

Sensex gains 36 points; Nifty ends in red

Sensex gains 36 points; Nifty ends in red

Rediff.com19 Jun 2024

Among the 30 Sensex companies, Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, IndusInd Bank, State Bank of India, Infosys, Wipro, Tech Mahindra and HCL Technologies were the gainers. On the other hand, Titan, Maruti, Bharti Airtel, Larsen & Toubro, NTPC, Reliance Industries, Bajaj Finance and Power Grid were among the laggards.