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


Private sector lender Axis Bank on Wednesday said there was once no senior-level resignations, particularly of its executive directors Rajesh Dahiya and Charanjit Singh.

“In this connection, we wish to state that the said information is factually wrong and the bank strongly denies the said commentary.

“We imagine this has been done to be able to damage the repute of the bank and mislead the inventory markets and the public in general,” Axis Bank said in a regulatory filing, in response to rumours in social media over resignation of the bank’s senior executives.

Dahiya is the bank’s executive director (corporate centre), while Singh is its chief audit executive, as per the bank’s latest annual outline.

(Only the headline and picture of this outline may have been reworked by the Commerce Standard staff; the remainder of the satisfied is auto-generated from a syndicated feed.)

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