Business Correspondent Of Axis Bank

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Axis Bank Q1 net profit down 4% on rise in slippages, provisions

In Q1FY26, the bank reported fresh slippages of 8,200 crore, up 71 per cent Y-o-Y and sequentially. Of this, 7,500 crore is from the retail segment. Photograph: Anushree Fadnavis/Reuters Axis......

Digital push slows down banks' branch expansion plans

Branch additions for most major banks in the current financial year do not correspond to the number of the past two years. The government’s digital push, the rising use of technology in......

Bharti Airtel to apply for payment bank

Top mobile operator Bharti Airtel on Thursday said it will apply for a payment bank licence, while private sector lender Kotak Mahindra Bank will have a 19.9 per cent stake in the proposed banking......

Gen-X banks must be tech-savvy, upbeat on rural expansion

Upcoming banks must have a modern approach to complete the task of financial inclusion. If the guidelines finalised by the Reserve Bank of India (RBI) for issuing licences for limited banking -......

Questions raised on viability of Mor panel's banking report

The committee’s suggestion that existing commercial banks be allowed to hold payment banks as subsidiaries is also seen as unviable by RBI and the finance ministry.The Union finance ministry......

Business Correspondent Of Axis Bank

News for Business Correspondent Of Axis Bank

Axis Bank Q1 net profit down 4% on rise in slippages, provisions

Digital push slows down banks' branch expansion plans

Bharti Airtel to apply for payment bank

Gen-X banks must be tech-savvy, upbeat on rural expansion

Questions raised on viability of Mor panel's banking report

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