/
•
•
Detailed stories on technology startups, business and economic current affairs.
The announcement of the deputy managing director’s retirement in August may have more to it than meets the eye.

A day after Axis Bank announced its financial results for the 2024-25 fiscal year, the country’s third largest private bank made another key disclosure to the exchanges. On 25 April, the bank had this to say about deputy managing director Rajiv Anand:
“Rajiv Anand has been associated with the Bank since 2009. He is currently serving as the Deputy Managing Director of the Bank since December 27, 2021 and has served as a whole-time Director since 2016. We now wish to inform you that he will retire from the services of the Bank at the close of business hours on …