Axis Bank s board approved the re-appointment of Amitabh Chaudhry as MD & CEO for three more years, subject to RBI approval, effective January 2025. Chaudhry, who joined in 2019, led HDFC Life previously. The bank also re-appointed Meena Ganesh and Gopalaraman Padmanabhan as Independent Directors. In Q4, Axis Bank reported strong profits, with concerns about deposit growth for the upcoming fiscal yea
On Thursday, Axis Bank shares surged 5% to reach the day s peak at Rs 1,119, following the company s release of better-than-anticipated results. The bank reported a formidable profit of Rs 7,129.67 crore for the March quarter, buoyed by margin expansion and increased non-core incomes.