Axis Bank | inves4: Investing, News, Financial Planning

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Govt decides to sell it's balance stake in Axis. Technically a wrong time.

November 9, 2022

Govt holds stake in Axis bank through Specified Undertaking of UTI (SUUTI). Shareholding was transferred to SUUTI (an investment vehicle) in 2003 when a scheme of the Unit Trust of ... Read more

Axis acquires Citi's Indian Consumer Business. Retention is the key.

March 30, 2022

Finally after months of speculation, Axis has formally announced the acquisition. What is Axis acquiring? Consumer banking businesses of Citibank India – credit cards, retail banking, wealth management and consumer ... Read more

Spandana Sphoorty's Founder MD quits

November 5, 2021

Padmaja Gangireddy, the Founder Managing Director of Spandana Sphoorty Finance (SSF) has resigned. Key points to note – SSF is a private equity controlled entity. Kedaara Capital owns about 45% ... Read more

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