Muted growth, higher slippages & credit costs weigh on Axis Bank

January 17, 2025

Axis Bank on Thursday reported a tepid rise in its December quarter profits on the back of weak business growth, increased slippages and higher credit costs. The bank’s profit rose 4% on year to ₹6,304 crore, largely in line with expectations.

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RBI relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore

The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate

December 11, 2025

RBI eases restrictions on cash credit accounts, eases current account norms

The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.

December 11, 2025

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