Diabytes
Axis News
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ICICI Bank's MD and CEO Sandeep Bakhshi "voluntarily relinquished" his fixed compensation for FY21.
Bakhshi, however, did receive allowances and perquisites amounting to Rs 38.38 lakh.
Amitabh Chaudhry, who has been leading the third largest private sector lender Axis Bank, got paid Rs 6.52 crore.
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Axis Bank currently charges Rs 5 per Rs 1,000 per withdrawal after the free four transitions.
Axis Bank customers will now have to pay more as SMS charges.
HDFC Bank and ICICI Bank haven’t revised their withdrawal charges yet.
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Reserve Bank of India (RBI) has imposed Rs 27-crore penalty on 13 public and private sector banks of the country for violation of Know Your Customer (KYC) norms.
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Read to know how much interest these private banks offer on savings accounts!
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Telecom major Vodafone is getting closer to its initial public offering (IPO) plan in India and the company has already selected investment bankers for the issue.
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The move follows rate cuts initiated by leading players State Bank of India and HDFC Ltd in the past few days.
Banking consumers will have to pay more if they are prolific with ATM transactions as largest lender SBI and its private sector peers HDFC Bank and Axis Bank have capped the free-usage at three in six metros.
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