RBI issues letter of caution to Axis Bank over KYC compliance

The Reserve Bank of India has issued a letter of caution to Axis Bank over a past KYC lapse, with the lender stating it has already implemented corrective measures.

The Reserve Bank of India has issued a letter of caution to Axis Bank over a past KYC lapse, with the lender stating it has already implemented corrective measures.

The transaction is valued at ₹797 crore, subject to closing adjustments. As per the terms of the agreement, 50% of the sale consideration will be paid on the Closing Date, as defined in the BTA, while the remaining amount will…

In the commercial offices segment, leasing momentum remained strong, with gross leasing of around 7.2 lakh square feet completed in H1 FY26 across Mumbai, Pune, Bengaluru, and Chennai. Shares of Phoenix Mills Ltd ended at ₹1,592.20, down by ₹1.60, or…
The transaction is valued at ₹797 crore, subject to closing adjustments. As per the terms of the agreement, 50% of the sale consideration will be paid on the Closing Date, as defined in the BTA, while the remaining amount will…

The developer’s customer collections for the quarter rose 8% to ₹1,047 crore while collections for H1 FY26 saw a slight increase (1%) year-on-year to ₹1,904 crore.

Tata Communications shares soared over 15% on Friday, as investors bet on its potential gains from TCS’ massive AI data centre expansion plans.

Vikas Khemani, Founder of Carnelian Asset Management & Advisors, advised investors to be selective and avoid hype-driven stocks.

Silver’s record-breaking rally is not just about price momentum, says Nippon India MF’s Vikram Dhawan. The fund manager believes the surge reflects a global shift in portfolio strategies, with investors and institutions reallocating assets amid a long-term supply deficit.

According to the company’s exchange filing, the order will be executed within a year and involves the delivery of indigenous systems designed to counter and neutralise aerial threats. Shares of Zen Technologies Limited ended at ₹1,419.90, up by ₹5.60, or…

Infosys deployed Agentforce SDR to revolutionise the sales process for a leading research institute, addressing inefficiencies and reducing response time. Infosys also helped a renowned media house in transforming its customer service operations. Shares of Infosys Ltd ended at ₹1,511.90,…