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Axis Bank Limited

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Banking, Fintech & Insurance 03 Oct 2026, 02:56 PM IST

Cube Highways Trust Raises Rs 1,150 Crore via AAA-Rated NCDs in Refinancing Push

Cube Highways Trust has secured Rs 1,150 crore through the issuance of senior secured, AAA-rated non-convertible debentures at a coupon of 7.50% per annum, payable quarterly over five years. The transaction, backed by Axis Bank and ICICI Bank, is part of a broader Rs 4,500 crore financing programme aimed at refinancing debt and funding ongoing capital projects.

By RDU Global Wire5 min read
Banking, Fintech & Insurance03 Oct 2026, 03:39 PM IST

Axis Bank Seeks to Double Its Rs 8,688 Crore Data Centre Exposure as AI Demand Accelerates

Axis Bank is preparing to significantly expand its lending to India’s data centre sector, with exposure expected to double from Rs 8,688 crore over the next three years. The move reflects a broader banking push into infrastructure tied to artificial intelligence, cloud computing and digital storage, as lenders look for new growth avenues in a fast-scaling market. The opportunity is being reinforced by supportive government policy and rising demand for large-scale computing capacity, but it also brings execution risks, including project concentration, technology obsolescence and the capital-intensive nature of the sector.

5 min readRead →
Banking, Fintech & Insurance03 Oct 2026, 05:02 AM IST

Apple Pay Launches in India With Axis Bank Visa and Mastercard Credit Cards

Apple Pay has officially launched in India, enabling Axis Bank credit card holders to make contactless payments using Visa and Mastercard cards on Apple devices. The rollout adds a secure, private payment option that does not require PINs or OTPs, marking a notable expansion in India’s digital payments landscape.

6 min readRead →
Banking, Fintech & InsuranceRecently

Apple Pay set for India launch next month with Axis Bank cards: Report

Apple is preparing to launch Apple Pay in India next month, beginning with integration for Axis Bank credit cards, according to a report. The move would place Apple more directly inside India’s fast-growing digital payments market, with discussions also underway with HDFC Bank and ICICI Bank to broaden access.

5 min readRead →
Big Tech, Cloud & SemiconductorsRecently

As Robotaxis Scale, Designers Confront an Unexpected Safety Problem: Passenger Privacy

Autonomous vehicle makers are being forced to think beyond collision avoidance and route planning as robotaxis move closer to mainstream use. A more awkward challenge is emerging: how to prevent riders from using driverless cars for intimate behavior that could create safety, sanitation, and liability problems in public fleets.

5 min readRead →
Banking, Fintech & InsuranceRecently

Axis Bank Prepares Major Customer Outreach Drive for World Tourism Day

Axis Bank is preparing a large-scale customer engagement initiative across India to mark World Tourism Day, with a particular focus on tourism and hospitality in Goa. The programme is expected to reach more than 5,000 customers and recognise about 1,000 entrepreneurs, underscoring the bank’s effort to deepen ties with travel-linked businesses and consumer segments.

5 min readRead →
Enterprise Tech, Cloud & AIRecently

Axis Bank Sees Data Centre Lending Doubling as AI Demand Reshapes Credit

Axis Bank is preparing to expand its exposure to India’s fast-growing data centre sector, with lending expected to double from the current Rs 8,688 crore over the next three years, according to the business outlook described in the breaking story. The move reflects how the artificial intelligence boom is pushing banks to finance large-scale digital infrastructure, even as the sector’s capital intensity, execution risk and power requirements create a more complex credit profile.

5 min readRead →
Banking, Fintech & Insurance03 Oct 2026, 04:41 PM IST

IndusInd Bank CEO Rajiv Anand Says His Name Is ‘Unmapped’ From Voter Roll Amid Electoral Revision Drive

IndusInd Bank Managing Director and Chief Executive Officer Rajiv Anand has said he was informed that his name is “unmapped” from the electoral roll, even though he holds valid identification documents including a voter ID and Aadhaar card. The development comes as the Election Commission carries out a Special Intensive Revision of voter lists and has extended claim-filing deadlines in Delhi and Maharashtra.

5 min readRead →
Banking, Fintech & Insurance03 Oct 2026, 03:39 PM IST

Banks Likely to Deploy FCNR(B) Liquidity as Festive Credit Demand Builds, RBI Deputy Governor Says

Reserve Bank Deputy Governor Rohit Jain said banks are likely to put additional liquidity from FCNR(B) deposits to work in the coming months as festive-season credit demand strengthens. He added that the central bank will not direct lenders toward specific sectors, leaving deployment decisions to banks based on the quality of credit proposals.

5 min readRead →
Banking, Fintech & Insurance03 Oct 2026, 02:56 PM IST

Government Evaluating Revised Bids for IDBI Bank Stake Sale, Sources Say

The Indian government is assessing revised financial bids from Fairfax Financial Holdings and Emirates NBD for the proposed sale of a 60.72% stake in IDBI Bank, according to sources familiar with the process. The transaction, one of the most closely watched privatisation efforts in the financial sector, is advancing steadily as officials review the offers and weigh the next steps.

5 min readRead →
Global Markets & Equities03 Oct 2026, 08:56 AM IST

Banks Likely to Deploy FCNR(B) Liquidity as Festive Credit Demand Builds, RBI Deputy Governor Says

Banks are expected to put additional liquidity from FCNR(B) deposits to work in the coming months as credit demand strengthens ahead of the festive season, Reserve Bank Deputy Governor Rohit Jain said. He added that the central bank will not direct lenders toward specific sectors, leaving deployment decisions to banks based on the quality of credit proposals and prevailing demand across the economy.

5 min readRead →
Banking, Fintech & Insurance03 Oct 2026, 06:30 AM IST

HDFC Bank Names ICICI Veteran Anup Bagchi as Managing Director and CEO

HDFC Bank has appointed Anup Bagchi, a long-serving ICICI Bank executive with deep experience across banking, insurance and financial services, as its new Managing Director and Chief Executive Officer. The appointment, effective October 27, follows Reserve Bank of India approval and comes as Sashidhar Jagdishan’s term ends on October 26.

5 min readRead →

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