Axis Bank denies reports of CEO Shikha Sharma's resignation
Axis Bank on Wednesday dismissed the reports of its MD and CEO Shikha Sharma's resignation. "The news is false, speculative and is being circulated with the mala fide intention of misleading the investors and the general public," the bank said. Axis Bank's Q3 profit witnessed a sharp fall over Income Tax Department raids on some of its branches post demonetisation.
New Delhi, Mar 22 (PTI) Private sector lender Axis Bank today said its MD & CEO Shikha Sharma is not resigning. "..The news appearing in section of social media stating the impending resignation of the MD & CEO of the Bank, which please note is false, speculative and is being circulated with the mala fide intention of misleading the investors and the general public," Axis Bank said in a clarification to the BSE. Axis Bank has been under pressure over a sharp fall in third quarter profits along with Income Tax Department raids on some of its branches post-demonetisation. 