Axis Bank and Bandhan Bank announce finance chief exits

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Axis Bank’s CFO Puneet Sharma and Bandhan Bank’s CFO Rajeev Mantri both resigned within a day of each other, each citing career growth reasons. Sharma exits on 31 August after over six years at Axis, while Mantri will continue till 25 September. Two private-sector lenders saw their chief financial officers resign within a day of…

India’s Q4FY25 GDP surges to 7.4% as construction and services lead, economic growth hits 4-year low

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Nominal GDP surged by 9.8% over the previous year, reaching ₹330.68 lakh crore, while real GDP at constant prices touched ₹187.97 lakh crore. The fourth quarter alone saw nominal GDP jump 10.8% to ₹88.18 lakh crore.   India’s economy clocked a 6.5% growth in real GDP for FY 2024-25, according to provisional estimates released by…