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Experian announces joint venture with India's financial services institutions(23 Nov 2009 08:08:00 EST)Information services company Experian plc announced on Monday that it has created a joint venture with India's financial services institutions: Axis Bank; Federal Bank; Indian Bank; Magma Fincorp; Punjab National Bank; Sundaram Finance; and Union Bank of India, with Experian owning 49% of the venture.
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Axis cuts first-year home loan rate to 8% [The Economic Times, India](06 Nov 2009 14:58:00 EST)Nov. 6--MUMBAI, India -- In a bid to grab market share, Axis Bank has dropped its home loan rates to 8 percent for the first year.
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CRISIL confirms at P1+ rating on Axis Bank's certificates of deposit programme(05 Nov 2009 07:25:00 EST)5 November 2009 - Indian credit rating agency CRISIL confirmed yesterday the P1+ rating on the INR100bn certificates of home Axis Bank's deposit programme. The rating continues to reflect the bank's strong capitalisation, healthy fee income, earnings and adequate asset quality.
