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20 fake accounts, Rs 60 crore found in I-T raid on Axis branch in Noida

On a trail of a jeweller who allegedly sold bullion worth Rs 600 crore, the Income Tax Department on Thursday unearthed Rs 60 crore from the accounts of 20 shell companies in a raid at an Axis......

Manipur bank robbed of computer hardware worth Rs 1 cr, 2nd theft in 4 days

Days after cash and ornaments valued at over Rs 2.25 crore were found missing from an Axis Bank branch in Manipur's Churachandpur, criminals targeted another bank in Kangpokpi district and looted......

Farmer takes on cybercriminal, recovers lakhs lost in fraud

Pawan Kumar Soni, a 55-year-old farmer based in Sri Ganganagar City in Rajasthan, became a victim of a cyber fraud when his 26-year-old son Harsh Vardhan opened a link from a phishing message that......

'All we need is cash!'

Day Two after the banks reopened remained just as chaotic as Day One, reports Rediff.com's A Ganesh Nadar. Marie Antoinette and Paytm in Modi's India 'A chaiwalla did what an economist couldn't'......

Axis Bank launches contactless wearable payment devices

Private sector lender Axis Bank on Wednesday launched the country's first contactless wearable payment devices to allow customers make on-the-go transactions more conveniently. Announcing the......

926 bank branches to receive advance tax

To avoid inconvenience to taxpayers, a total of 926 branches of public and private sector banks in the Mumbai and Navi Mumbai area have been authorised to receive advance income tax.Of the 926 bank......

Axis Bank in competition for best bank

Axis Bank has strengthened its positioning -- on both the assets and liability side -- and it may be set to deliver sustained improvement in performance. The valuation gap between Axis Bank (which......

Axis Bank re-rating to continue on steady NIMs, cheap valuation: Analysts

Re-rating of Axis Bank's stock may continue in the near-future, believe analysts, as the risk-reward on the stock remains favourable amid healthy financials. Photograph: Danish Siddiqui/Reuters......

Demonetisation blues: Axis Bank suspends some suspicious accounts

The agency's probe till now found that huge monies were transferred through RTGS transfers to some shell companies including a case where the director of such a firm was a petty labourer Hit by......

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