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RBI denies Rumours on Axis Bank

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....BI denies Rumours on Axis Bank <br>News and Press Release<br>Dated:- 12-12-2016<br><BR>The Reserve Bank of India today clarified that it has not initiated any action to cancel the banking licence of A....

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....xis Bank in the wake of certain allegations about some serious irregularities in transactions relating to deposit/exchange of Specified Bank Notes in a few branches of the bank. The clarification come....

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....s in the background of rumours in a segment of the media that the bank was likely to lose its banking licence. Alpana Killawala Principal Adviser<BR> News - Press release - PIB....