private sector banks in india

Axis Bank Jumps Despite 25% Drop in Q2 Consolidated Net Profit

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Axis Bank

Mumbai, October 16 (Udaipur Kiran): Shares of Axis Bank gained over 2% in Wednesday’s trade despite the lender reporting a 25% year-on-year decline in its consolidated net profit for the second quarter ended September 30, 2025 (Q2FY26). The stock was trading at Rs. 1,193.20, up Rs. 24.20 or 2.07%, compared to its previous close of … Read more

RBI categorizes IDBI Bank as private sector bank

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Reserve Bank of India (RBI) has categorized IDBI Bank as a Private Sector Bank for regulatory purposes with effect from January 21, 2019 consequent upon Life Insurance Corporation of India acquiring 51% of the total paid up equity share capital of the Bank. IDBI Bank is the youngest, new generation public sector universal bank that … Read more

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