Posted inIndia, South Asia

Indian bourses welcome move to curb Axis Bank chief’s term

The curtailment of the tenure of Shikha Sharma, the managing director and chief executive officer of Axis Bank, India’s third-largest private-sector lender, has been welcomed by the country’s stock markets. Shares of Axis Bank on Tuesday rose as much as 4% in morning trade. At the Bombay Stock Exchange the shares opened on a bullish note […]

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