shikha sharma


India Markets Weekahead: Earnings, Syria conflict in focus

Apr 16 2018

Markets remained firm during the week despite trade and geo-political tensions. The Nifty gained in all five trading sessions – the first time since November 2017.

Time is right for Asia’s richest banker to pounce, scale up

Apr 12 2018

Uday Kotak has a rare opportunity to scale up. Asia’s richest banker has long had an eye on Axis Bank. Now, a leadership void could now make it easier.

All change: CEO exit signals new era for star Indian banks

Apr 10 2018

For bank bosses, this will be a difficult period, but the extra scrutiny should result in stronger institutions.

Axis Bank stock rises 4% after Shikha Sharma's tenure shortened

Apr 10 2018

Shares of Axis Bank today rose as much as 4 per cent in morning trade on the bourses after its CEO and Managing Director Shikha Sharma's tenure was shortened.

In surprise move, Axis Bank CEO to step down by end of 2018

Apr 10 2018

Axis Bank said that its long-time CEO will step down at the end of 2018, after RBI was reported to have expressed concerns about the lender giving her a 3-yr extension.

Axis Bank shares fall over 2%; mcap drops Rs 2,763 cr

Apr 02 2018

Axis Bank fell over 2% amid reports that the RBI has asked the company's board to re-consider the decision to re-appoint Sharma as its MD and CEO for a fourth term.

RBI asks Axis Bank to re-consider another term for Shikha Sharma as MD

Apr 02 2018

The RBI has asked Axis Bank's board to re-consider the decision to re-appoint Shikha Sharma as its MD and CEO for a fourth term, amid concerns over rising bad loans.

Axis Bank's rating unaffected by not honouring guarantee: Fitch

Mar 26 2018

"Axis Bank's failure to honour a guarantee it issued is not a default and thus, does not affect the bank's long-term rating," it said.

Bank stocks tank as Punjab National Bank turmoil deepens

Mar 06 2018

Shares of major private and public sector lenders slumped as much as 2.77 pc on the BSE after coming under heavy selling pressure amid fresh developments in the PNB scam.

New NPA framework not to cut Axis Bank too deep, says Shikha

Feb 14 2018

Axis Bank chief Shikha Sharma has said the new NPA resolution framework issued by RBI came as a surprise, but sought to downplay its impact on the bank.

Indian Markets


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Stocks In News



PAT at Rs 4799 Cr vs Rs 3990 Cr, up 20.2%

NII at Rs 10,658 Cr vs Rs 9,055 Cr, up 17.7%

Net Interest Margin at 4.3%

Other Income at Rs 4229 Cr vs Rs 3446 Cr, Up 22.7%

Operating Profit at Rs 8835 Cr vs Rs 7279 Cr, up 21.3%


Gets USFDA Approval For Generic Xenazine


Rejects Claims Of Denying An External Audit

SEBI May Seek Forensic Probe Of ICICI Bank Books, Disclosures

Mulling A Forensic Examination Of Financial Statements & Disclosures

Bank's Chairman MK Sharma Conducted A Secret Inquiry 2 Yrs Ago

Found No Wrongdoing By CEO Chanda Kochhar Over Loans To Videocon



Manufacturing Facility At Ghaziabad Inspected By USFDA From April 16-20

Inspection Concluded With Zero Observations


Enters $ 100 Bn Club

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