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A 63-year-old Hyderabad resident lost Rs 43 lakh after fraudsters lured him with a fake Axis Bank IPO offer on WhatsApp. Police arrested one suspect, linked to 19 cases nationwide, for supplying bank accounts to the fraud network

After a major service disruption in September 2024, ICICI Bank, Axis Bank, and Mastercard are exploring alternatives to DreamFolks Services for airport lounge access. With growing dissatisfaction, banks may increasingly shift to direct partnerships with lounge operators

With mobile trading apps, low brokerage fees, and better access to financial education, retail investors are no longer sitting on the sidelines. They’re actively participating in the futures and options segment—particularly within sectoral indices like Bank Nifty, which reflects the performance of India's banking sector.

The 30-share BSE benchmark rose by 329.23 points to reach 80,130.66 in early trading, while the NSE Nifty advanced 118.75 points to 24,365.45. However, both indices later reversed their gains and slipped into the red, with the BSE benchmark down 174.24 points at 79,627.19 and the Nifty lower by 94.35 points at 24,152.35.

College chairman Gundala Krishna says the students have been selected for virtual banker positions affiliated to Axis Bank

Nifty midcap 100 index was up 147 points or 0.24 per cent at 60,860 and Nifty smallcap 100 index was up 37 points or 0.19 per cent at 19,586

The fraudsters duped two persons to the tune of Rs. 28 lakh from Warangal and up on their complaint, the suspects Jaseel and Preethi were arrested

Favourable global cues combined with noticeable traction in banking majors aided a positive start, which further strengthened as the day progressed," said Ajit Mishra.

Last October, the Insurance Regulatory and Development Authority of India (IRDAI) had penalised Axis Bank Rs 2 crore for the share transactions which was done mainly to get excess remuneration as corporate agent of Max Life than permissible under the rules.

Axis Bank will not impose any penalty on customers for non-maintenance of minimum balance in their accounts. Additionally, the third largest private sector bank in India will waive off all domestic charges, including debit card and ATM charges.

Mishra is an alumnus of IIT Kanpur.  J. Satyanarayana served as the part-time chairperson of UIDAI, with his tenure spanning from July 12, 2016, to April 15, 2019.

he bank heist took place at Teenpulwa Chowk in Lalganj block of Patna

To initiate the loan application, customers will need to provide basic details such as PAN (Permanent Account Number), date of birth, and work details.

Rallying for the fifth straight session, the 30-share BSE Sensex jumped 274 points or 0.42 per cent to settle at its all-time closing high of 65,479.05 on Tuesday

Mumbai: The Indian equities markets witnessed volatile trading with negative bias on Tuesday with benchmark Sensex slumping around 1000 points just after opening and briefly trading into positive terrain. After losing 1545.67 points or 2.62 per cent on Monday, the 30 stock S&P BSE Sensex of the Bombay Stock Exchange opened the trade in the […]

Hyderabad: Having a credit card gives one the financial freedom to make purchases as and when required. While it does make our purchases easier, it also has the double whammy of pushing a person into a debt trap if the payment is not made on time. And in case the payment gets delayed then the […]

In addition, Vinod Nair, Head of Research at Geojit Financial Services said the upcoming week will be driven by global sentiments.

Besides these five banks, Bajaj Finserve and SBI Card may face problems as they were also issuing cards of this payment gateway

The bank aims to transition 70 per cent of its infrastructure and applications to the cloud in the next two years

The fintech company has already facilitated disbursals of over Rs 1,600 crore to more than 2 lakh merchants since the launch of the lending vertical.