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. The bullish stance comes after the Mumbai-based lender delivered a strong outperformance in the March quarter of fiscal year 2023-24 (Q4FY24) on core pre-provision profit and net profit, with improving asset quality. Axis Bank's net interest margin (NIM) expanded, against expectations, even in a tough market.
Is Dawood Ibrahim, defamed gangster and the man wanted by the Central Bureau of Investigation in connection with the 1993 serial blasts in Mumbai following the demolition of Babri Masjid in Ayodhya, still in Pakistan?
The boards of three PSU banks - Bank of Baroda, Oriental Bank of Commerce and Andhra Bank met in deference to the Finance Ministry's insistence, but quite unexpectedly they did not roll back the rate hikes announced last week.
Musharraf, Aziz give Dawood reception a miss
Miandad invites Musharraf, PM Aziz to son's wedding reception
Indian intelligence agencies are reported to be keeping a close watch on the wedding of underworld don Dawood Ibrahim's daughter with former Pakistani cricketer Javed Miandad's son in Dubai.
If the entire amount of Rs 24,000 crore is raised, then it would be the biggest fundraising exercise by any Indian company ever.
An ambitious exhibition tells the story of India as also the history of the world.
Indian security agencies in possession of telephone bill, passport details that the underworld don lives in a upscale Karachi locality, reports The Hindustan Times
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