No senior-level resignations, says Axis Bank in response to rumours

Non-public sector loan company Axis Bank on Wednesday reported there was no senior-amount resignations, primarily

Non-public sector loan company Axis Bank on Wednesday reported there was no senior-amount resignations, primarily of its executive directors Rajesh Dahiya and Charanjit Singh.

“In this connection, we would like to condition that the reported facts is factually incorrect and the financial institution strongly denies the reported assertion.

“We believe this has been finished with the intention to damage the standing of the financial institution and mislead the stock markets and the public in general,” Axis Bank reported in a regulatory submitting, in reaction to rumours in social media more than resignation of the bank’s senior executives.

Dahiya is the bank’s executive director (corporate centre), when Singh is its chief audit executive, as for each the bank’s most up-to-date once-a-year report.

(Only the headline and photo of this report may have been reworked by the Small business Common employees the rest of the information is vehicle-produced from a syndicated feed.)

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