Axis Bank and Bandhan Bank announce finance chief exits

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 industrial output growth remains unchanged at 4% in September

Manufacturing output expanded 4.8 per cent during September, while the electricity sector grew 3.1 per cent. In contrast, mining activity slipped 0.4 per cent during the period The Index of Industrial Production (IIP) growth stood at 4 per cent in September, unchanged from August, supported by growth in the manufacturing sector, according to data released…

Stock market rebound: How should retail investors position themselves?

Not out of the woods yet, adopt staggered approach to equity investing, large-cap and flexicap mutual funds remain the best bet, say financial advisorsStock market recovery: Retail investors must focus on asset allocation rather than market movementsBenchmark equity indices – BSE Sensex and Nifty50 – have staged a smart comeback in March, after having witnessed a…