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Axis Bank Delivers Robust Q1 Performance as Net Profit Climbs 23% to ₹7,114 Crore
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Axis Bank Delivers Robust Q1 Performance as Net Profit Climbs 23% to ₹7,114 Crore

Axis Bank has begun the new financial year on a strong note, reporting a significant increase in its first-quarter earnings. The private sector lender posted a 23% year-on-year rise in consolidated net profit, reaching ₹7,114 crore for the quarter ended June 30. The strong financial performance reflects healthy business expansion, steady credit growth, disciplined cost...

Bank of Baroda’s ₹5,700 Crore Settlement Ends High-Stakes NMC Health Dispute in Abu Dhabi
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Bank of Baroda’s ₹5,700 Crore Settlement Ends High-Stakes NMC Health Dispute in Abu Dhabi

Bank of Baroda has reached a significant milestone in resolving one of the most complex international banking disputes in recent years by agreeing to pay approximately ₹5,700 crore to settle legal claims related to the collapse of NMC Health in Abu Dhabi. The settlement brings closure to a long-running financial dispute that involved several international...