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Kalka resident falls prey to credit card activation fraud, loses 2 lakh

On April 7, at about 7 pm, he got a call from an unidentified person who claimed to be a bank employee and asked him as to why he has not activated his credit card. Jain told him that he already has a credit card and does not want a new one. The caller then told him that he will help close the credit.

A Kalka resident was duped of <span class='webrupee'>₹</span>2.08 lakh by online fraudsters on the pretext of activating a credit card. In his complaint, Rakesh Kumar Jain of Kalka told the police that he runs a government ration shop. (HT File)
Updated on Apr 29, 2023 04:27 AM IST
By, Panchkula

Axis Bank shares fall over 2%, m-cap plummets by 6,413 cr after 5,361 cr loss

Axis Bank stock fell by 2.39 per cent to settle at ₹860 apiece on the Sensex. During the day, it went lower by 3.09 per cent to ₹853.75.

Axis Bank shares fall(MINT_PRINT)
Published on Apr 28, 2023 05:36 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Axis Bank reports Q4 loss larger than expected due to Citi deal

Axis, India's fourth-largest bank by market capitalisation, in March closed a deal to acquire Citigroup Inc's local consumer and non-banking finance businesses.

A visitor watches an Axis Bank's advertisement at its corporate headquarters in Mumbai, India July 25, 2017. REUTERS/Danish Siddiqui/File Photo(REUTERS)
Updated on Apr 27, 2023 05:07 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Axis Bank takes over Citibank's ops in India. How are Citi customers affected?

The private lender has acquired Citigroup's India consumer business from Citibank NA, at an overall consideration of ₹11,603 crore.

Axis Bank will act as the settlement bank for peer-to-peer foreign inward remittance transactions initiated through PayNow by the Liquid Group in Singapore (Abhijit Bhatlekar/ Mint)(MINT_PRINT)
Published on Mar 01, 2023 01:08 PM IST
By, New Delhi

SEBI bars 21 entities in Axis mutual fund front-running case

The regulator conducted a probe in a case of front running in trades of Axis MF between September 2021 and March 31, 2022. Front running is a market malpractice of trading in securities ahead of large client orders for personal gains.

The regulator conducted a probe in a case of front running in trades of Axis MF between September 2021 and March 31, 2022.(Bloomberg File Photo)
Published on Feb 28, 2023 10:19 PM IST
Reuters | | Posted by Yagya Sharma
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