Axis Bank denies reports of CEO Shikha Sharma moving to Tata

Axis Bank has rubbished news reports that said CEO Shikha Sharma may join the Tata Group to lead its financial services vertical. "Your assertions are untrue and unfounded," it said, adding, "There's a laid down process that the board undertakes...but to conclude that there's going to be a change of leadership is entirely premature and speculative."