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RBI approves re-appointment of NS Vishwanathan as Axis Bank's non-executive chairman
The Reserve Bank of India has approved NS Vishwanathan's reappointment as Axis Bank's non-executive chairman. His new three-year term will commence from October 27, 2026, and conclude on October 26, 2029. This extension is contingent upon his reappointment as an independent director for the bank. Vishwanathan, a former deputy governor, has been serving as part-time chairman since October 2023.

Axis Bank prices $100m additional tier 1 notes at 6.875% - Investing.com
Axis Bank prices $100m additional tier 1 notes at 6.875%Investing.com

Citi sees oil prices falling to $60-$65, says wait before buying gold
The investment bank says improving geopolitical conditions and higher oil production could push crude prices lower, while gold and silver may remain under pressure in the near term.

SBI Manager's Salary Revealed In Form 16; Viral Post Highlights Difference Between Gross, Net Pay
Bank employees often avail themselves of internal loan facilities for housing, vehicles and other requirements.

ATMs Running Dry? Banks Face Scrutiny Over Cash Shortages As RBI Takes Stock Of Situation
The RBI is understood to have sought details of cash inventories at bank branches to determine whether lenders are maintaining adequate cash to replenish ATMs in a timely manner.
IDFC First Bank launches EPFO payment services
IDFC First Bank has launched provident fund payment services through its EPFO integration. This integration allows establishments to initiate PF payments directly via the EPFO portal. Transactions can then be completed using IDFC FIRST Bank's digital banking platforms. Customers can now make provident fund payments quickly and securely. The bank served 38 million customers as of March 31, 2026.

Share Market Today: Nifty 50, Bank Nifty | July 07, 2026 - Liquide Blog
Share Market Today: Nifty 50, Bank Nifty | July 07, 2026Liquide Blog

Why did the stock market fall today? Sensex snaps 4-day winning streak, Nifty slips below 24,400
The Sensex fell 104 points to close at 78,181, while the Nifty 50 declined 32 points to end at 24,399, slipping below the 24,400 mark. The Nifty Bank lost 91 points to settle at 58,201, while the Nifty Midcap Index underperformed, ending 186 points lower at 62,285 after falling more than 300 points from the day's high.
China stocks fall as growth concerns weigh on investor sentiment
Investor confidence weakened after the World Bank projected China's economy to grow 4.4% in 2026 and 4.3% in 2027, pointing to the prolonged property market slowdown and weak consumer demand. Adding to the cautious mood, the Chinese government set its 2026 GDP growth target at 4.5%5.0%, the lowest since 1991 and the first reduction since 2023, after keeping the target at around 5% for the previous three years.

End Of Perks Era? Banks Slash Credit Card Rewards As Profit Margins Shrink
HDFC Bank cut reward points on its Infinia credit card and tightened the spending threshold for airport lounge access.

Porvair gains as Deutsche Bank initiates Buy, sees sustained earnings growth - Investing.com India
Porvair gains as Deutsche Bank initiates Buy, sees sustained earnings growthInvesting.com India

Key factors why Emkay has cut its exposure to large private and PSU banks down to 'zero'
Emkay believes that largecap bank valuations are still above the fair-value zone, despite the multi-year de-rating that the sector has gone through. Therefore, it remains cautious on the space, as the market continues to extrapolate past some of the hyper growth, despite the structural downward shift in growth.