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Axis Bank Denies Its Bank License Is Being Revoked

Axis Bank Denies Its Bank License Is Being Revoked

Tuesday, December 13, 2016, 2:48 PM

A regional newspaper had published a report, that the bank license of Axis Bank, would soon be revoked. Axis bank has called this report, false and untrue. Axis bank is India’s third largest private sector bank. The Hindi daily Dopahar had reported, Axis Bank could lose its banking license, as some employees were involved in money laundering activities. These employees have now been suspended.
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