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Rate cut unlikely in Feb review or in FY26: Axis Bank's Neelkanth Mishra
A rate cut will not be possible for the next 13-14 months due to the inflation outlook, said Mishra, who is also a part-time member of the PM's Economic Advisory Council
Axis Bank cuts savings bank deposits rate to 3.5% on deposits below Rs 50 lakh
Bank to continue to pay 4% interest on deposits of above Rs 50 lakh
Axis Bank cuts interest rate by 50 bps to 3.5% on deposits up to Rs 50 lakh
Axis Bank shares closed at Rs 499.30 apiece on BSE, down 1.32 per cent