AXISBANK News Today

RBI permits HDFC AMC to acquire a stake in Karur Vysya Bank and DCB

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Additionally, the central bank informed HDFC AMC that its ownership stake in both private banks should not be greater than 9.5%.

• 21 September, 2023
• 12:02 PM
• less than a minute

Oil prices decline in advance of additional central bank guidance on interest rates

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Brent futures for November delivery were down 44 cents, or 0.5%, at $89.18 per barrel. West Texas Intermediate crude (WTI) CLc1 in the United States decreased by 49 cents or 0.6% to $89.17.

• 21 September, 2023
• 10:39 AM
• less than a minute

Equity Benchmarks Dip on Global Cues

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Major factors contributing to the bearish trend include foreign fund outflows and a downturn in HDFC Bank's performance

• 20 September, 2023
• 2:22 PM
• less than a minute

HDFC Bank gets RBI approval to re-appoint Sashidhar Jagdishan as MD, CEO

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He began his career at the bank in 1996 as a Manager in the Finance department.

• 20 September, 2023
• 9:30 AM
• less than a minute

Markets may see a muted start

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Nifty Midcap 50 stocks closed 0.35% lower. Nifty Bank ended with a decline of 0.54%.

• 20 September, 2023
• 8:40 AM
• less than a minute

Durga Prasad Chalavadi, CMD, Sai Silks Kalamandir Ltd.

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Management of the IPO-bound company chats with Sheetal Agarwal of IIFL to streamline the company’s strengths, performance and road ahead.

• 19 September, 2023
• 8:43 AM
• less than a minute

AU Small Finance Bank Launches Swadesh Banking for Rural Outreach

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Swadesh Banking consolidates various segments including rural branches, banking outlets, banking correspondents, financial and digital inclusion units, and small and marginal farmer lending units

• 18 September, 2023
• 3:29 PM
• less than a minute

Hindustan Urvarak & Rasayan would receive an extra investment of Rs 904 crore from Indian Oil

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The Board of Indian Oil approved an additional investment of Rs 903.52 crore in Hindustan Urvarak and Rasayan Ltd at its meeting on September 15, 2023, according to a stock exchange filing.

• 18 September, 2023
• 12:39 PM
• less than a minute

Oil India to Invest Rs 8,000 Crore in 2G Ethanol, Part of Rs 25,000 Crore Sustainability Drive

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This investment will be a collaborative effort involving Oil India and its subsidiary, Numaligarh Refinery Ltd (NRL), which will establish the ethanol plant.

• 15 September, 2023
• 12:10 PM
• less than a minute

Zaggle Prepaid Ocean Services Ltd IPO: A Comprehensive Guide

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Zaggle operates within the B2B2C segment and distinguishes itself as one of the few companies uniquely positioned to provide a wide range of financial technology products and services.

• 14 September, 2023
• 6:17 AM
• less than a minute