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Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian multinational banking and financial services company headquartered in Mumbai. [8] It is India's third largest private sector bank by assets and fourth largest by market capitalisation.
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India's commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, 6 PBs, 43 RRBs, and 2 LABs.
Axis Bank was ranked among the best companies to work for in a 2013 survey by Business Today. [19] Harvard Business Review published a case study on the bank titled 'Managing Change at Axis Bank' on 28 March 2014. [20] In 2014, Axis Bank was awarded the "Bank of the Year in India" by The Banker. [21]
Axis Mutual Fund started its operations in 2009 with its first equity scheme, Axis Equity Fund. [12] In April 2012, Schroders, an asset management company, acquired a 25% stake in Axis Mutual Fund. [13] [14] In September 2019, Axis Mutual Fund launched an index fund based on Nifty 100 that is known as Axis Nifty 100 Index fund. [15]
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[7] [8] The worst hit banks included the State Bank of India , ICICI, HDFC, YES Bank and Axis Bank among others. The breach went undetected for 6 weeks and banks were alerted only after several international banks reported fraudulent use of cards in China and the United States while the customers were in India. SBI blocked and reissued 600,000 ...
Following the Jharkhand Assembly election results, incidents of violence and vandalism come up, signaling the presence of deep political divides. A person named Imam Mirza in Mohammadpur village was alleged by the BJP to have been attacked by JMM workers for supporting BJP.
The results of India's general elections to constitute 18th Lok Sabha, held in April–June 2024 were announced on 4th and 5th June 2024. [1] The main contenders were two alliance groups of the Incumbent National Democratic Alliance (N.D.A) led by Bharatiya Janata Party; and the Opposition Indian National Developmental Inclusive Alliance (I.N.D.I.A.) led by Indian National Congress.