Highlighting the recent development, the Paymt said that the National Payments Corporation of India (NPCI) has granted approval to One97 Communications Limited (OCL) to participate in UPI as a Third-Party Application Provider (TPAP) under multi-bank model.
The company issued a release stating that One97 Communications has shifted its nodal account to Axis Bank via an escrow account that it has opened with it.
Axis Bank said on Thursday that it has obtained all necessary regulatory approvals in connection with the purchase of shares of Max Life Insurance with regard to the public interest writ petition filed by BJP leader Subramanian Swamy.
Insurance regulator, IRDAI has approved the capital infusion by Axis Bank into Max Life, subject to the approval of the competition watchdog CCI.
Zee Learn said on Tuesday that a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 has been filed by Axis Bank Ltd to initiate Corporate Insolvency Resolution Process (CIRP) of the company, before the National Company Law Tribunal, Mumbai.
Amitabh Chaudhry, who leads the way as the MD and CEO of Axis Bank, secured the second-highest earnings among Chief…
Axis Bank, one of the largest private sector banks, in partnership with the India SME Forum, hosted the 9th edition of the India SME 100 Awards in New Delhi.
The Airtel Axis Bank Credit Card will offer a host of benefits such as cashbacks, special discounts, digital vouchers and complimentary services to Airtel customers.
"The discrepancy was found during the routine monthly tally of accounts and reported to the top authorities. Thereafter, an internal investigation has been launched and we have also lodged an FIR with the police," an official of Axis Bank said, requesting anonymity.
The equity is acquired for a cash consideration of Rs 5 lakh, it said.
