Axis Max Life VNB margin rises to 23.2% as protection sales surge
Axis Max Life Insurance reported a 33% rise in value of new business (VNB) for the June quarter, with the VNB margin expanding to 23.2% from 20.1% a year earlier. CEO Sumit…
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Axis Bank opens 50 new branches, Abakkus crosses Rs 10,000 crore AUM
Axis Bank has inaugurated 50 new branches across eight states as part of its Independence Week celebrations, expanding its presence in urban, semi-urban, and rural markets. The new outlets will offer banking…
Indian banks’ dollar bond sales hit record $8 billion
Indian financial institutions have sold a record $8 billion in dollar bonds this year, surpassing the previous high of $7.92 billion set in 2019, according to Bloomberg data. The sales have been…
Man held for Rs 10 crore property loan fraud
The Central Crime Station (CCS) police arrested 34-year-old Nunavath Yugandhar for allegedly cheating over 30 property owners of about Rs 10 crore. The Economic Offences Wing of the CCS arrested him in…
SBI Securities picks Axis Bank, Karur Vysya Bank, Ujjivan SFB, Bajaj Finance
SBI Securities has recommended a buy-on-dip approach in select banking and NBFC stocks, with Axis Bank, ICICI Bank, Karur Vysya Bank, Ujjivan Small Finance Bank, Bajaj Finance and Shriram Finance among its…
SBI tops in deposits and customers, HDFC Bank leads per-customer average
State Bank of India has the largest deposit base at Rs 60.4 lakh crore and the highest customer count of 53 crore, according to data from investment platform Groww shared on X.…
SBI, HDFC, Axis Bank Turn Branch Staff Into Salespeople
NDTV Profit reports that SBI is moving some branch staff towards sales and upselling as more banking migrates to digital channels. HDFC Bank and Axis Bank are also rethinking how they use…
ICICI Bank, Axis Bank tap dollar debt again, raise $300m each
ICICI Bank and Axis Bank have returned to the US dollar debt market for the second time in under two months, each raising $300 million, thehindubusinessline.com reports quoting merchant bankers. ICICI Bank's…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.