Tag Archives: Denies

Axis Bank Denies Local Media Report Of Threat To Its Banking Licence

Axis Bank said it has strong systems and controls in place as per central bank rules. Mumbai: Axis Bank on Monday slammed a regional newspaper report stating authorities were preparing to revoke the bank’s licence as “false and malafide”, saying it had strong systems and controls in place as per central bank rules. Axis, India’s third-biggest private sector bank, said ... Read More »

RBI Denies Taking Action Against Cancelling Axis Bank’s Licence

Amid rumours that India’s third biggest private sector lender- Axis Bank could lose its licence over alleged money laundering activities involving the suspended employees, the Reserve Bank of India clarified that it has not initiated any action to cancel the banking licence of Axis Bank. “The Reserve Bank of India today clarified that it has not initiated any action to ... Read More »

Apple Denies Handing source Code Over to China

Apple on Tuesday denied imparting chinese language government with unique get admission to to its devices, because the iPhone maker defended its position on encryption and cooperation with US regulation enforcement. The enterprise’s standard recommend Bruce Sewell become appearing at a US congressional hearing on encryption’s effect on regulation enforcement, because the excessive-tech giant battles the government over whether it ... Read More »