Neelkanth Mishra, co-head of Asia Pacific strategy at Credit Suisse Group AG, has resigned from the company and is set to join Mumbai-based Axis Bank Ltd, according to Bloomberg report. A veteran of two decades at the Swiss bank, Mishra has agreed to helm Axis Bank’s research department, the people said, asking not to be…
Axis Bank, one of India’s largest private sector banks, has completed the acquisition of Citibank’s consumer business in an accelerated time frame of within 7 months post receipt of CCI approval. The deal has been closed with Axis Bank paying a total purchase consideration (after customary & contractual adjustments) of INR 11,603 Cr* to Citibank…
India’s private sector lender, Axis Bank, said its board has approved the re-appointment of Amitabh Chaudhry as its Managing Director and CEO for three years with effect from January 1, 2022, according to PTI report. “The board of directors of the bank.. considered and approved the proposal relating to re-appointment of Amitabh Chaudhry as the…
In a wave of resignations, at least 15000 employees have quit Axis Bank in the past few months. The maximum number of resignations came from mid-level to branch level executives. People familiar with the development said that the resignations are because of the new growth drive which employees were struggling to cope up with. According…
Axis Bank Ltd. has appointed Amit Talgeri as its chief risk officer for three years starting Jan. 1, 2020. He replaces Cyril Anand, who will retire from the services of the bank, with effect from close of business hours of Dec. 31, 2019, the private sector lender said in a statement to media. Additionally, Naveen…
Axis Bank has announced the appointment of Amitabh Chaudhry as CEO & MD. He will take over from Shikha Sharma, and his appointment is for 3 years effective January 1, 2019. Shikha Sharma will remit her position on December 31, 2018. In its release to BSE, Axis Bank announced – “We wish to inform you…