Tag: axis bank
RBI sets up panel with banks, market players to review financial market issues
Mumbai: India’s central bank has formed a technical consultative committee to engage with market participants on policy and operational issues amid rapidly evolving financial markets…
RBI repo rate: SBI Research, IDFC First expect rate hike in October as crude prices climb: Higher oil prices & inflation raise likelihood of policy tightening
Some economists have brought forward their forecasts for a rate hike by the central bank to as early as October, overturning earlier expectations that the…
Scapia lending product: Scapia eyes lending push, widens bank partnerships
Travel fintech Scapia is looking to launch a lending product in the next few months and widen its banking partnerships as it builds out financial…
‘I was shocked’: Neelkanth Mishra hits back at ‘egregiously wrong’ claims on India’s GDP growth
Economist Neelkanth Mishra on Thursday hit back at claims that India’s latest GDP growth number was inflated by the revision of the national accounts series,…
NIIF raises $2 billion for second infrastructure fund; sets target of $3.2 billion
India’s National Investment and Infrastructure Fund (NIIF) has raised $2 billion for its second infrastructure fund from marquee investors such as AustralianSuper, CPP Investments, a…
Mintoak acquires rewards fintech ICC Loyalty to expand bank platform in West Asia, Africa
Bengaluru: Merchant payments software company Mintoak has acquired Dubai-headquartered ICC Loyalty in a largely cash-funded deal, adding consumer rewards technology to its bank platform as…
Money market-volumes jump to record as bank lending booms
India’s money-market turnover jumped to a record as state-owned lenders stepped up borrowing to fund booming credit demand. The value of trades in the so-called…
Kiwi cofounder Mohit Bedi steps down from executive role after four years
Mohit Bedi, cofounder of fintech startup Kiwi, has stepped back from his executive role after four years of building the company. In a LinkedIn post…
Kiwi cofounder Mohit Bedi steps down from executive role after four years
Mohit Bedi, cofounder of fintech startup Kiwi, has stepped back from his executive role after four years of building the company. In a LinkedIn post…
$50 oil surge could wipe out 2% of India’s GDP, warns Axis Bank’s Neelkanth Mishra
Mumbai: In a sharp assessment of India’s macroeconomic vulnerabilities, Neelkanth Mishra, Chief Economist of Axis Bank and Head of Global Research at Axis Capital, warned…