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Axisbank Personal Loan

In yet another income tax raid on an Axis bank, one of the country’s largest private sector bank, accounts have accounts of 20 fake companies and over Rs 60 cr have been uncovered.The raid has been conducted in banks’ branch in Noida.

ICICI Bank has launched a cashback of 1 per cent annually on home loans. Defaulters can’t avail this offer. Taking a cue from its larger rivals, private sector lender Axis Bank today announced a rate cut of up to 0.30 per cent for home loan.

Jan 22 (Reuters) – Axis Bank Ltd, India’s third-biggest private sector lender by assets, reported a 25 percent rise in quarterly net profit on higher interest and fee incomes as well as a sharp slowdown in bad loan additions. Shares in.

Axis Bank offers internet banking services, personal banking services including accounts, cards, loans, investment options to personals, corporates and NRIs. Check.

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The Central Bureau of Investigation (CBI) officials said the alleged multi-crore fraud.

Axis bank today announced the launch of a Senior Privilege Savings Account. This new account is for ‘Seniors’ who are aged 57 years and above with a package of benefits that help them through retired life. The banks press release said,

In a bid to address the changing needs of customers, Axis Bank has introduced Shubh Aarambh Home Loans – where the customer with regular repayment gets 12 EMIs waived. Shubh Aarambh Home Loans will enable borrowers.

Axis Bank offers internet banking services, personal banking services including accounts, cards, loans, investment options to personals, corporates and NRIs. Check.

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Loans will be available at your nearest ATM kiosk now, after ICICI Bank’s launch of a facility for its existing salaried customers to avail of personal loans without hassles or delays. The Hindu quoted a statement from ICICI Bank on.

MUMBAI (Reuters) – Axis Bank Ltd, India’s third-biggest private sector lender by assets, reported a surge in bad loans in the December quarter, as the Reserve Bank of India (RBI) asked lenders to reclassify some troubled loan accounts as.

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Indian banks’ bad loans have surged in the past six months after an asset quality review ordered by the central bank as part of a clean-up exercise. Mumbai-based Axis Bank expects more bad loans in the financial year that began in.

New Delhi: Private sector lender Axis Bank on July 25 reported 16.06 per cent decline in net profit to Rs 1,306 crore for the first quarter ended June 30, as the bad loans almost doubled during the period. The bank had registered a net profit of.

Households are bingeing on cheap credit cards and personal loans at the fastest rate since before the financial crisis,

"In India, there is no stigma attached to defaulting on bank loans," said Sharad Bhatia, president, stressed assets management, at Axis Bank (NSI:AXISBANK. that borrowers colluded with bankers for personal gain. With no.

Having launched in 2015, Axis has built a reputation in the intermediary market for flexible and personal lending to landlords, transparent products, and access to decision makers. TFC managing director Nigel Payne said: “Axis Bank.

New Delhi: Axis Bank today reported 43 per cent decline in net profit to Rs 1,225.10 crore for the fourth quarter of last fiscal ended March 31 on higher provisioning for bad loans, which rose sharply. The country’s third largest private.

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The Central Bureau of Investigation (CBI) officials said the alleged multi-crore fraud.

Economic Times reported that after Indian Overseas Bank offloaded its debt in Bhushan Steel with a 40% haircut, Axis Bank has decided to put its INR 2,000-crore loan exposure to the steel company up for sale in the distressed-assets.