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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Axis Bank Limited (PK) | USOTC:AXBKY | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.71 | 62.55 | 0.00 | 21:00:02 |
By Kosaku Narioka
Axis Bank Ltd. plans to close its U.K. subsidiary and surrender its banking license in the country by end-April 2021, as part of the review of its international strategy, it said late Thursday.
The Indian lender said it would ensure transparency and fairness in dealing with all the employees and customers of the subsidiary, Axis Bank UK Ltd., throughout the process of winding down.
The closure wouldn't have any material impact on the bank's financial position, it said.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
July 02, 2020 23:52 ET (03:52 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Axis Bank (PK) Chart |
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