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…
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…
Despite global jitters, the RBI’s liquidity boost appears to be cushioning domestic sentiment for now, especially in rate-sensitive pockets like banking. Markets rise for 6th day: Sensex up 200 pts, Nifty above 24,150; bank, metal stocks rally Indian equity benchmarks traded on a flat-to-negative basis on April 22, backed by supportive liquidity measures from the…