Acquisition buzz lifts Axis Bank after Shikha Sharma shock

Some analysts see Axis Bank as a potential acquisition target of Kotak Mahindra Bank, but others continue to prefer Axis Bank to ICICI Bank
Ami Shah
Shikha Sharma, who joined Axis Bank in 2009, will now step down on 31 December. Her fourth term as managing director and chief executive was originally set to end in June 2021. Photo: Abhijit Bhatlekar/Mint
Shikha Sharma, who joined Axis Bank in 2009, will now step down on 31 December. Her fourth term as managing director and chief executive was originally set to end in June 2021. Photo: Abhijit Bhatlekar/Mint