Banks debit 12 crore ‘ghost’ cards
Over 12 crore debit cards have gone out of circulation between December 2018 and June 2019, an indication that Indian banks have weeded out …
Axis Bank
India Inc’s expenditure on CSR activities still isn’t enough
Shortfalls persist but data for 340 NSE-listed firms suggest that compliance has improved .India Inc breathed a sigh of relief when the high-level committee …
Banks use AI everywhere, from chatbots to validating cheques
In Axis Bank, cheque authentication today is largely done not by a human teller, but by an Artificial intelligence (AI) system. It has multiple advantages. …
Axis Bank asks over 50 mid-level managers to quit
In a significant restructuring move, Axis Bank has terminated more than 50 mid-level managers as it reorganizes its business and slashes costs. The managers …
