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Private sector banking

05 Oct 2018

High profile exits mar private banking space

The banking sector has seen increased regulatory scrutiny over the last two years as the RBI has tried to push for appropriate recognition of bad loans.

10 Apr 2018

Axis Bank shares surge over 5%; mcap increases by Rs 7,212 crore

The stock was the biggest gainer among the bluechips on Sensex and Nifty.

10 Apr 2018

Axis Bank CEO Shikha Sharma to step down by end of 2018

India`s banking sector has been facing increased scrutiny amid record-high bad loan levels within the banking system, the discovery of a $2 billion scam at state-run Punjab National Bank and a slew of other issues.

03 Apr 2018

RBI asks Axis Bank to re-consider another term for Shikha Sharma as MD

The move comes against the backdrop of persisting concerns over mounting Non-Performing Assets (NPAs) in the banking system.

Serious Fraud Investigation Office

06 Mar 2018

PNB scam: SFIO summons ICICI chief Chanda Kochhar, Axis Bank CEO Shikha Sharma

Both Kocchar and Sharma have been summoned for giving Rs 5,280 crore working capital facility to Mehul Choksi-promoted Gitanjali Group by a consortium of 31 banks.

04 Mar 2018

We need to create better credit culture for long-term benefits: Shikha Sharma

Axis Bank chief also said that defaulting promoters must be barred from bidding for their assets during insolvency proceedings.

26 Sep 2017

Nooyi, Kochhar, Shikha on Fortune most powerful biz women list

PepsiCo Chairman and CEO Indra Nooyi came in at No. 2 on the US Most Powerful Women in Business list, led by General Motors Chairman and CEO Mary Barra. Lockheed Martin Chairman, President, and CEO Marillyn Hewson took the 3rd spot.

27 Jul 2017

Shikha Sharma leaves everyone guessing about her tenure at Axis Bank

Shikha Sharma is serving the second term at Axis Bank that comes to an end in June 2018.

11 May 2017

NPA norms welcome, will force decisions: Axis' Shikha Sharma

Axis Bank MD and CEO Shikha Sharma today welcomed changes in NPA resolution as moves that will "force" decisions by cutting layers, and also said the bank is looking for one more life insurance distribution tie-up.

18 Dec 2016

Embarrassed and upset over conduct of handful of employees: Axis Bank MD Shikha Sharma

The Income Tax Department had last week conducted a raid at an Axis Bank branch in Noida and unearthed Rs 60 crore from the accounts of 20 shell companies.

Arundhati Bhattacharya

13 Sep 2016

Arundhati Bhattacharya, Chanda Kochhar among most powerful women outside US

India's top women bankers, SBI chief Arundhati Bhattacharya, ICICI head Chanda Kochhar and Axis Bank CEO Shikha Sharma, are among the 50 most powerful women based outside the US

India's 10 Most Powerful Business Women

02 Dec 2015

India's 10 Most Powerful Business Women

Fortune India list

10 Nov 2015

Arundhati Bhattacharya tops Fortune India powerful women list; Kochhar ranks 2nd

Chitra Ramkrishna Managing Director and Chief Executive at the NSE has bagged the 10th position.

03 Nov 2015

Microsoft CEO Satya Nadella to visit Mumbai on November 5

Microsoft chief Satya Nadella will meet industry leaders like Mahindra Group Chairman Anand Mahindra, Axis Bank head Shikha Sharma and Tata Starbucks CEO Avani Davda during his one-day visit to India on November 5.

30 Sep 2015

Axis Bank cuts base rate by 0.35% to 9.50%

Axis Bank, country's third largest private sector lender, Wednesday followed others in the system by cutting its base rate or the minimum rate of lending by 0.35 percent to 9.50 percent.

24 Jul 2015

Axis Bank Q1 profit up 19% at Rs 1,978 crore

Private sector Axis Bank on Friday reported a 18.70 percent growth in net profit at Rs 1,978.44 crore for the first quarter ended June 30.

26 Jun 2015

Axis Bank queues up, cuts base rate by 10 bps to 9.85%

A day after its bigger rival ICICI Bank cut its lending rate, the third-largest private lender, Axis Bank, Friday lowered its base rate by 0.10 percent to 9.85 percent, effective June 30.

08 Apr 2015

Axis Bank cuts base rate by 0.20% to 9.95%

Country's third-largest private sector lender Axis Bank on Wednesday cut its base rate or the minimum rate of lending by 0.20 percent to 9.95 percent, following its larger peers who also cut their offerings yesterday after Reserve Bank Governor Raghuram Rajan's hard talk.

Fortune Magazine

09 Nov 2014

SBI's Bhattacharya most powerful Indian woman in biz: Fortune

ICICI Bank's Chanda Kochhar and Shikha Sharma of Axis Bank follow Bhattacharya at the second and the third place respectively.

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