Tag: axis bank
swiggy hdfc credit card: Swiggy launches co-branded card with HDFC Bank
Food delivery platform Swiggy on Wednesday said that it has launched a co-branded credit card with HDFC Bank, adding on to the larger trend of…
Jefferies’ Chris Wood increases bet on Zomato, reduces investment in ONGC
After adding Zomato to his India long-only portfolio a month ago, Jefferies’ Christopher Wood has gone a step further by increasing investment in the online…
new bank: Customers face brunt of new bank locker rule
(This story originally appeared in on Jun 30, 2023) MUMBAI: With Friday being the deadline for updating 50% of locker agreements, banks are urging customers…
rbi: RBI’s Shaktikanta Das needs monsoon rains to deliver before weighing rate cuts
As Reserve Bank of India Governor Shaktikanta Das made the case for inflation risks arising from a delayed monsoon after holding interest rates again, the…
RBI MPC highlights: 10 key MPC Takeaways: Here’s all you need to know about the ‘cautious but bullish’ RBI policy
With a view on reigning in inflation while maintaining growth, the RBI’s rate-setting panel unanimously approved keeping the benchmark lending rates unchanged for the second…
These 5 banks will offer QR Code-based Coin Vending Machines
At the MPC meeting in March, Shaktikanta Das made the announcement that coin vending machines using QR codes would soon be available in 12 cities….
Digital Rupee: RBI plans to expand CBDC pilot to include more banks and locations
The Reserve Bank of India (RBI) wants to expand the ongoing pilot of the Central Bank Digital Currency (CBDC) and incorporate various use cases and…
India, Russia to explore possibility of accepting RuPay and Mir cards
India and Russia will explore the possibility of accepting RuPay and Mir cards in each other’s country for hassle-free payments amid sanctions imposed by the…
Axis Bank shares fall over 2%, m-cap plummets by 6,413 cr after 5,361 cr loss
Shares of Axis Bank declined over 2 per cent on Friday after the company reported a ₹5,361 crore loss on a consolidated basis for the…
Liquidity surplus at 9-mth peak on high govt spend, FPI inflows
Liquidity surplus in the banking system, measured by funds that lenders park with the central bank, climbed to its highest level in 9 months on…