ICICI, Axis, Bank of Baroda, Bank of Maharashtra and IDBI Bank penalised by RBI for breaches including delayed reporting, excessive charges, and non-compliant operations
The RBI said the banks' non-compliance involved cybersecurity, customer charges, KYC norms, and internal account mismanagement
The Mumbai-based bank plans to raise 350 billion rupees ($4.1 billion) through local rupee bonds or foreign currency bonds, Additional Tier-1 bonds, infrastructure bonds and other debt, the bank said
Axis Bank shares: Axis Bank share price, analysts believe, trades at an inexpensive valuation, making it an attractive bank stock to buy
Stocks to Watch on Friday: SBI Life, Axis Bank, Tech Mahindra, Power Grid, PB Fintech, Wipro and Persistent Systems are among the stocks to watch today, April 25, 2025
Loan loss provisions, slippages rise
Net interest income in the third quarter rose 6 per cent to ₹13,811 crore, NII was ₹13,089 crore in the fourth quarter of the previous financial year
Lenders updating schemes after Reserve Bank of India cut repo rate to 6% earlier this month
Q4 FY25 company results today: SBI Life Insurance, Nelco, and SBI Cards and Payment Services will be among 37 companies to post earnings reports for the January-March quarter
Shares of SBI and Axis Bank can potentially rally to new life-time highs, suggests technical charts. Bank of Baroda stock too can jump another 14% from present levels; here are the key levels to track
Axis Bank Q4 2025 results: The Board of Directors of Axis Bank will meet on Thursday, April 24, 2025, to consider and approve the audited financial results for Q4FY25
Savings account balances of up to Rs 50 lakh will now earn an interest rate of 2.75%: ICICI
Annual interest rate for balance slabs between Rs 50 lakh and less than Rs 2,000 Cr is 3.25%
HDFC Bank had earlier revised savings deposit rates by 25 bps; ICICI Bank yet to cut savings deposit rates
This feature eliminates dependence on telecom networks by generating time-based one-time passwords (TOTP) directly within the app, instead of sending OTPs via SMS.
At a broader level, meanwhile, Wood suggested investors sell rallies in the US stocks and increase exposure elsewhere, most particularly Europe, China and emerging market equities in general
This is the first instance where an Indian company will have the flexibility to make or receive dollar payments at any time
Customers will continue earning Maharaja Points on eligible transactions, with validity and redemption as per Air India's Maharaja Club
Sale proceeds for capital infusion in arm; sale likely in 3-6 months
Technical chart hints up to 10% downside risk for the Bank Nifty; among private banking shares HDFC Bank looks weak; while ICICI Bank and Axis Bank may trade with a favourable bias in the near-term.