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Total 54 results found. Search for [ axis bank NPAs ]

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Anand Adhikari
September 10, 2018
Axis Bank has been in news for all the wrong reasons in the last one year from deteriorating asset quality, leak of financial results, non-compliance with its asset classification norms, to falling stock price.


PTI
August 15, 2018
Reserve Bank of India (RBI) is examining as to whether banks have followed prudential norms in respect of these stressed assets, a senior public sector bank official said.


BusinessToday.In
July 11, 2018
Axis Bank's head hunting for CEO began after it cut short Shikha Sharma's reappointment period till the end of December 2018. In July 2017, the Axis Bank Board had reappointed Sharma as CEO for three years starting June 1, 2018. However, the RBI wrote back to the board asking it to reconsider the decision.


PTI
New Delhi, June 29, 2018
Puri termed the ongoing troubles in the system as a period of transition, and that there is nothing to worry at the systemic level as most of the lenders are either well-capitalised or have the assurance of government support.


PTI
June 15, 2018
Global ratings agency Fitch today said ICICI Bank and Axis Bank have \"gaps\" in their risk control mechanisms and has revised down its outlook on the latter to negative on sour assets worries.


BusinessToday.In
May 21, 2018
Among the banks that have accumulated a massive rise in bad loans are ICICI Bank, Axis Bank, HDFC Bank, Kotak Mahindra Bank, Federal Bank and Yes Bank.


BusinessToday.In
New Delhi, April 27, 2018
PNB hunts for detectives to find whereabouts of loan defaulters The Punjab National Bank (PNB), it seems, is leaving no stone unturned to recover the dues which have been classified as NPAs. The second largest public sector lender is soliciting services of detective agencies to get hold of absconding loan defaulters. The significant move comes amid reports that diamantaire Nirav Modi may be hiding in New York. The celebrity jeweller who owns Firestar Diamond is the main accus...


BusinessToday.In
April 27, 2018
Bank's outgoing chief executive officer Shikha Sharma said with this, the recognition of bad loans in this cycle is \"nearly complete\". The positive commentary of Axis Bank management on bad loans helped move the stock to intra day high level of 543 on BSE.


BusinessToday.In
New Delhi, April 27, 2018
Axis Bank reported its first ever quarterly loss since listing during the March quarter of the last fiscal on the back of three-fold increase in provisions.


Anand Adhikari
April 12, 2018
Axis Bank is actually amongst the top five large banks in India in terms of overall performance. In a recent Business Today - KPMG Best Banks Study 2016-17, Axis Bank scored high on many of the key parameters.


PTI
New Delhi, April 12, 2018
The Standing Committee on Finance, chaired by senior Congress leader M Veerappa Moily, in its last meeting on March 9 had asked the ministry to institute a comprehensive inquiry encompassing systemic elements in the case and submit its report within a month.


Manoj Sharma
New Delhi, April 12, 2018
Sikha Sharma's term ends at a time when the country's third largest private bank is rocked with the problems of rising non-performing assets, leak of financial results, non-compliance with its asset classification norms, and falling profit.


Rajeev Dubey
New Delhi, April 10, 2018
RBI showed a lot of spine in nudging Sharma to look for an honourable exit. Even after the Axis Bank board had approved a fourth 3-year term for Sharma starting June 1, the banking regulator wrote back to the board to reconsider its decision.


BusinessToday.In
April 10, 2018
Axis Bank's Shikha Sharma has had an illustrious career in banking, regardless of the rough patch that's hogging the headlines lately. Known for her calm and composed disposition, Sharma is not new to tough times.


BusinessToday.In
New Delhi, April 10, 2018
Centre has been able to curtail its fiscal deficit to below the revised estimate in 2017-18; Facebook CEO Mark Zuckerberg has admitted that the social media giant didn't do enough to prevent misuse of users' data and bloating NPAs in the books have claimed the first victim among private sector banks with Axis Bank approving a graceful exit for MD & CEO Shikha Sharma by accepting her request to curtail her tenure from 3 years to just 7 months. Watch BusinessToday.In Editor Rajeev Dubey explain this and more on The Good, The Bad and The Ugly.


Anand Adhikari
June 18, 2018
ICICI was often given the tag of 'CEO factory' for the fast growing financial services industry.


PTI
April 10, 2018
The Axis Bank board on Monday curtailed the fourth term of Sharma to seven months following an unusual request from her that she be relieved on December 2018, 29 months ahead of the scheduled term.


Mail Today Bureau
April 10, 2018
 Earlier, the RBI had asked the Axis Bank board to reconsider the fourth three-year term it gave to CEO Shikha Sharma last year. The regulator addressed the letter to Axis Bank chairman Sanjiv Misra and gave its reasons for a review. These included the bank's performance and its deteriorating asset quality.


PTI
April 9, 2018



Anand Adhikari
New Delhi, April 9, 2018
Days after the Reserve Bank of India (RBI) asked the board of the Axis Bank to reconsider their decision to extend the tenure of Shikha Sharma, MD and CEO of the private bank, Sharma, an ex ICICI banker, seems to have looked for an honourable exit.


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