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

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Non-public sector lender on Wednesday mentioned there was no senior-level resignations, particularly of its government administrators Rajesh Dahiya and Charanjit Singh.

“On this connection, we want to state that the mentioned data is factually incorrect and the financial institution strongly denies the mentioned assertion.

“We consider this has been achieved with the intention to break the fame of the financial institution and mislead the inventory markets and the general public on the whole,” mentioned in a regulatory submitting, in response to rumours in social media over resignation of the financial institution’s senior executives.

Dahiya is the financial institution’s government director (company centre), whereas Singh is its chief audit government, as per the financial institution’s newest annual report.

(Solely the headline and movie of this report could have been reworked by the Enterprise Commonplace employees; the remainder of the content material is auto-generated from a syndicated feed.)

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