According to a media outlet, Axis Bank has confirmed that certain workers were asked to leave because of performance-related concerns, stating that this was a normal evaluation procedure for the institution.
The lender in the private sector was responding to news that over 100 top staff members had been asked to resign. According to Amitabh Chaudhry, MD of Axis Bank, the bank does a thorough review cycle at the conclusion of every fiscal year, just like any other organisation.
A Regular Practice in Banking Sector: Chaudhry
During the release of the bank’s Q4 results, Chaudhry stated that while many staff receive rewards and promotions, some may perform poorly, which could result in challenging discussions.
The banking sector have a variety of difficulties; some companies are doing well, while others are struggling. The bank still makes significant investments in various sectors, although withdrawals are occasionally unavoidable based on individual performance. This is a typical occurrence in our yearly cycle.
Axis Bank’s fiscal fourth quarter earnings report, which was announced on April 24, showed a profit of INR 7,117 crore, up from INR 7,130 crore in the same quarter of FY24.
The slower growth in other income had an effect on this. From INR 13,089 crore in the same time last year to INR 13,811 crore in Q4, net interest income increased by 6%.
Axis Bank has announced a final dividend of 50%, or INR 1 per share at a face value of INR 2, in addition to releasing its financial results for the January–March 2025 period.
According to the bank, this would need shareholder approval at the upcoming annual general meeting. Axis Bank has set July 4 as the record date to decide who will be entitled to collect the INR 1 dividend per share.
Layoff has Become a Common Scenario in 2025
With big companies like Google, Microsoft, and others continuing to reduce their workforces, layoffs in the tech sector are not expected to halt in 2025.
Companies are still cutting employees in an effort to simplify operations, save money, and emphasise automation and artificial intelligence, even though these figures are much lower than the major layoffs that occurred between 2022 and 2023.
Layoffs.fyi, a website that tracks layoffs in the industry, reports that 93 organisations have laid off nearly 23,500 tech workers so far this year, and the number is still growing. Google and Microsoft are apparently contemplating a new round of layoffs, according to the most recent job reduction reports.
According to reports, AI-led restructuring and performance-based terminations are part of the corporations’ goals to increase the effectiveness of their personnel.
The Bollywood icon, Deepika Padukone, has made a remarkable name for herself in the film industry. With her captivating performances and versatility, she has become an A-list Indian actress, leaving a lasting impact across multiple languages. Deepika kick-started her career as a model, gaining early recognition for her debut runway appearance at the prestigious Lakme Fashion Week, where she was honored with the ‘Model of the Year’ award at the Kingfisher Fashion Awards.
Over the years, Deepika has garnered immense praise and accolades, including three Filmfare Awards and a staggering count of over 200 awards and numerous nominations. Her talent and charisma have caught the attention of various brands, leading her to endorse renowned names like Lux, Jio, Coca-Cola, Axis Bank, Pepsi, and many more. Notably, she created history by becoming the first Indian celebrity to be the brand ambassador for Levi’s in 2021 and the House brand ambassador for Louis Vuitton in 2022.
In this blog, we bring you an exciting list of top brands that Deepika Padukone has endorsed throughout her career, accompanied by some of her iconic advertisements that will surely capture your attention. So, get ready to delve into the world of Deepika’s brand associations and experience the magic she brings to each campaign.
Deepika Padukone lent her elegance and style to Pottery Barn in December 2022, a renowned home furnishings brand. As the brand ambassador, Deepika showcased the exquisite collection of Pottery Barn, which offers a wide range of stylish and functional furniture, decor, and accessories for homes.
Dabur, with a rich heritage spanning over a century, is known for its range of natural and Ayurvedic products. The brand’s emphasis on quality, purity, and wellness aligns perfectly with Deepika’s image of a health-conscious and influential figure.
Deepika’s endorsement of Dabur has brought a new level of credibility and trust to the brand. Her radiant persona and dedication to maintaining a healthy lifestyle have resonated well with consumers, making her an ideal ambassador for Dabur’s offerings.
Deepika Padukone has been named the new House Brand Ambassador of Louis Vuitton on May 11, 2022. With this, the Bollywood actress became the first Indian face of the French luxury brand in history. The new campaign that Louis Vuitton has launched has Padukone featuring in it among other international actresses – Emma Stone, and Zhou Dongyu.
In the “The Dauphine Campaign” that Louis Vuitton rolled out for this season, the brand, in order to showcase their love for India, China and the US, featured one lady star from each of the countries.
Deepika Padukone, the epitome of style and grace, has been associated with numerous prestigious brands throughout her career. One such brand is Levi’s, the iconic denim brand that has been revolutionizing fashion for decades. In 2021, Deepika made history by becoming the first Indian celebrity to be appointed as the brand ambassador for Levi’s.
With her innate sense of fashion and effortless charm, Deepika perfectly embodies the spirit of Levi’s, which is all about self-expression and individuality. Through her association with the brand, she has showcased the versatility of Levi’s denim and its ability to reflect one’s personal style.
Tetley Green Tea
Tetley is a beverage manufacturer founded in England. It is a wholly owned subsidiary of Tata. In 2018, Tata Global Beverages had proclaimed its new Brand ambassador- Deepika Padukone. Deepika’s association with Tetley Green Tea showcases her commitment to a healthy lifestyle and well-being. As a fitness enthusiast, she resonates with the brand’s philosophy of promoting wellness and incorporating natural ingredients into daily routines.
Lloyd is a electrical manufacturing brand and is owned by Havells India. In 2019, Deepika Padukone along with Ranveer Singh, her husband endorsed Air Conditions, Washing Machines, Refrigerators and LED TVs by an Indian company- Lloyd.
Deepika’s endorsement of Lloyd exemplifies the brand’s vision to transform homes into smart and comfortable living spaces, making everyday life more convenient and enjoyable for consumers.
Jio
Deepika Padukone has been associated with Jio, a leading telecommunications company in India. Jio, owned by Reliance Industries Limited, offers a wide range of digital services, including mobile telephony, broadband, and digital content.
In 2020, the powerful couple of Bollywood – Deepika Padukone and Ranveer Singh featured in the Jio ‘Dhan Dhana Dhan’ Campaign. Deepika’s collaboration with Jio as its brand ambassador signifies the brand’s commitment to providing high-quality, affordable, and innovative digital services to its customers. Her association with Jio reflects the brand’s vision of connecting people and enabling them to embrace the digital revolution.
As we know, many celebs have endorsed Pepsi and Deepika Padukone is one of them to feature in the endorsement of Pepsi in 2008. It is cited that Deepika was replaced in place of Priyanka Chopra, who was signed for a 2 year contract with Pepsi.
As a brand ambassador, Deepika has played a pivotal role in endorsing various Pepsi products, including its flagship carbonated drinks, as well as newer offerings such as fruit juices and energy drinks. Her engaging presence in Pepsi’s advertisements has helped create a strong connection with the target audience, emphasizing the brand’s ability to bring people together and add a touch of excitement to everyday moments.
Adidas
In 2021, Deepika Padukone joined forces with Adidas as their brand ambassador, embarking on a significant partnership. With a global presence, Deepika represented Adidas by endorsing acclaimed athletes and empowering women, aiming to democratize and diversify the world of sports.
Deepika’s partnership with adidas has been marked by impactful campaigns and inspiring advertisements that capture her strength, agility, and determination. Through her association with adidas, she promotes various sports and fitness activities, encouraging people to unleash their potential and strive for greatness.
During 2018, Deepika Padukone played a pivotal role in promoting the exclusive benefits and offers provided to Axis Bank account holders through their credit and debit card services. The “Experience Axis” campaign aimed to highlight the value propositions of these cards, encompassing diverse categories like travel, dining, and shopping experiences.
In 2018, Deepika Padukone entered into a partnership with the Jaquar Group, a brand committed to delivering exceptional quality lighting solutions. She prominently appeared in a television commercial for Jaquar lighting, showcasing their innovative products and commitment to excellence.
In September 2018, Deepika Padukone starred in a captivating advertisement for Nestle Fruita Vitals. The campaign, titled ‘The New Shape of Positivity with Deepika!’, gained significant popularity across various social media platforms, creating a buzz among audiences.
L’Oréal Paris is a famous Hair Care company, wherein in March 2017, Deepika Padukone became the L’Oréal Paris Global Brand Ambassador and featured for the 1st Haircare Range with the power of clay. She represents the renowned beauty and cosmetics brand, endorsing their wide range of products and showcasing her elegance and style.
Deepika Padukone launched her own fashion brand, “All About You”, which celebrates the freedom of self-expression and encourages individuals to embrace their unique style. The brand empowers people to wear clothing that brings them joy and allows them to be their authentic selves.
Oppo is a Chinese smartphone brand headquartered in Guangdong China. Deepika Padukone became the brand ambassador for Oppo. She endorsed their smartphones, highlighting their advanced features and innovative technology through various advertising campaigns.
In 2018, Deepika co-starred with the Bollywood actor Siddharth Malhotra in an ad film for Oppo, where the brand launched their latest smartphone Oppo F9 Pro in the market.
Tissot is a swiss luxury watchmaker brand by Charles-Félicien Tissot and his son, Charles-Émile Tissot founded in 1853. She inaugurated many boutiques and endorsed Tissot T Wave Watch, ultimately becoming the ‘Face of Tissot’.
Deepika Padukone joined hands with Tissot as their brand ambassador, showcasing their exquisite timepieces and embodying the essence of elegance and precision. Her association with Tissot began in 2017, and she has since been an integral part of their advertising campaigns and brand promotions.
The revolutionary paint brand, Asian Paints has opted for Deepika as its brand ambassador in 2017. Subsequently, Deepika introduced various eco-friendly products under Royale Atmos to give purer air in the home in this era.
Deepika Padukone has been an enduring symbol of beauty and grace, and her association with Tanishq, the renowned Indian jewelry brand, is a testament to their shared commitment to timeless elegance. Since the inception of her career, Deepika has collaborated with Tanishq, and in 2018, they unveiled a stunning collection together called Gulnaaz, showcasing their creative synergy and exquisite craftsmanship.
Goibibo
Speaking of travel agencies, Goibibo, an online travel portal, has had Deepika as its brand ambassador since 2017. As the brand ambassador, Deepika showcased her love for travel and adventure, inspiring others to explore the world with Goibibo.
Deepika Padukone confidently embraced the campaign for Gillette Venus, a renowned brand known for its high-quality women’s razors and shaving products. In 2015, Gillette Venus Hair removal razor’s brand appointed Deepika as their ambassador. As the brand ambassador, Deepika promoted self-care and empowered women to feel confident in their own skin.
Vistara is a Indian full-service airline, based in Gurgaon. It is a joint venture between Tata Sons and Singapore Airlines. Deepika has carried out the role as the first brand ambassador of Vistara in 2016 very well. Eventually, she became one of a kind across the globe.
Britannia is India’s oldest existing companies and best known for its biscuit products founded in 1892 and headquartered in Kolkata. In 2019 the brand roped in Bollywood actor, Deepika Padukone. The ads of Britannia, especially the one with Deepika conveying a message: ‘Khushiyon Ki Zidd Karo’ has stayed with us for a long time since 2015.
Nescafe is a coffee brand of Nestle. Nestle India made Bollywood actress, Deepika Padukone the brand ambassador for the coffee brand Nescafé in 2011.
Lux
The global brand has been known for its wide range of developments in beauty soaps and other bath additives. From Shah Rukh Khan to Varun Dhawan, Priyanka Chopra, Madhuri Dixit, Kareena Kapoor, has endorsed this brand. Deepika Padukone has also been a part of the Lux commercials.
Kellogg’s Special K
Deepika Padukone added her star power to Kellogg’s Special K, a popular brand known for its nutritious breakfast cereals. The pink ad of Kellogg’s special has been a part of every TV watcher’s childhood. Deepika endorsed this brand in 2017, to lead women to a healthier lifestyle.
Parachute Hair oil
Deepika Padukone joined hands with Parachute Advanced, a renowned hair oil brand, as its brand ambassador and fresh face in 2012. Prior to that, she had already gained recognition through her participation in the brand’s TV commercial for the prestigious “World’s Best Hair” campaign back in 2007. With her association with Parachute Advanced, Deepika continued to promote the brand’s commitment to healthy and beautiful hair, establishing herself as an icon of hair care and lending her star power to its advertising campaigns.
Deepika Padukone became the face of Closeup, the popular oral care brand, as its brand ambassador. In association with Closeup, she showcased her captivating smile and promoted the brand’s range of toothpaste and mouthwash products. With her radiant personality and million-dollar smile, Deepika Padukone added a touch of glamour and freshness to Closeup’s advertising campaigns, encouraging consumers to embrace a confident and vibrant smile.
Earlier her debut in Om Shanti Om movie, she was seen in one of the Close-up ads back in 2010. However, soon enough, Deepika as an ambassador of Close-up, broadcasted an unforgettable commercial with the captivating line ‘Kya aap Close-Up Karte Hain?’ Revealing her endorsement with it.
Chopard
In a significant partnership, Chopard, the renowned Swiss watches and jewelry company, joined forces with Bollywood icon Deepika Padukone in 2021. Deepika Padukone was chosen as the brand ambassador for Chopard’s prestigious Happy Diamonds collection, symbolizing elegance, luxury, and timeless beauty. Her association with Chopard brought together her exquisite charm and the brand’s exquisite craftsmanship, creating a perfect blend of sophistication and style.
In conclusion, Deepika Padukone has established herself as one of the most sought-after brand ambassadors in the industry, with a remarkable list of endorsements. From international luxury brands to homegrown favorites, Deepika has collaborated with diverse companies, showcasing her versatility and influence. Her association with these brands has not only elevated their image but also brought her own unique charm and style to the forefront. As Deepika continues to shine in the entertainment industry, we can only anticipate more exciting collaborations and endorsements in her future.
FAQs
What is the net worth of Deepika Padukone?
The net worth of Deepika Padukone is approximately $60 million in 2023.
What is the age of Deepika Padukone?
Deepika Padukone was born on 5 January 1986 and is 37 years old.
What was Deepika Padukone first movie in Bollywood?
Om Shanti Om (2007) was the first Bollywood movie of Deepika Padukone.
What are the famous brands that Deepika Padukone endorsed to date?
Deepika Padukone has endorsed a number of brands till date and has been the brand ambassador in most of them. Here’s are some prominent brands that the famous Bollywood actress has endorsed: L’Oréal Paris, Tanishq, Coca-Cola, Levi’s, Oppo, Tissot.
Which brand is owned by Deepika Padukone?
Deepika Padukone owns a fashion brand called “All About You.” Launched in 2015, the brand offers a wide range of women’s clothing and accessories.
Which beauty brands does Deepika Padukone endorse?
Deepika Padukone endorses L’Oréal Paris, Lux and Garnier beauty brands.
What is the brand value of Deepika Padukone?
Deepika Padukone’s estimated brand value is $82.9 million.
The startup culture has taken over the world. More and more people are showing interest to start their businesses. The recent growth that the startup world has experienced is immense and it is not going to stop anytime soon. However, beginning a startup means needing one of the most significant things and that is investment or funds. Without finance, a business cannot happen.
People who launched their businesses search for finance as they need funds to grow their companies. Businesses make money by borrowing cash. So, there are banks that willingly provide loans to small businesses. In this article, we will talk about some of the banks from which you can take loans and their eligibility criteria, and the documents that are needed. So let’s get started.
Is It an Ideal Idea to Get the Loan Offered by Bank?
Acquiring Loans from Banks for a startup with a futuristic approach is always a good idea. Loans are regarded as a better source of capital for a gainful business than share capital as you get to have better leverage. You can enjoy a surplus of the rate of return over the interest you pay for the borrowings. To begin with a startup, you need to be very well aware of how to keep your interest rate as low as possible with maximum benefits.
Loans enhance the scope of your business by aiding you in expansion as well. On the other hand, it also acts as a catalyst to motivate you for better productivity. You can avail these advantages of acquiring startup loans-
You can get a boost to develop an even stronger business plan.
You can effectively manage the flow of money.
Higher rate of return on capital.
List of Best Banks for Small Business Startup Loans
Many banks offer loans to small businesses so that entrepreneurs can fulfill their dreams of running a business. However, the most popular banks that offer loans and are favored the most are listed below, they are:
HDFC Bank Business Loans
HDFC Bank Business Loan
Startups can expand their operations by obtaining additional financial assistance through HDFC bank. Every entrepreneur wants to have the least amount of documents, flexible tenures as well as low-interest rates, which you can get from HDFC. The bank offers loans to fulfill related funding. any kinds of business requirements
Loan Amount and Tenure
The Business loan amount is up to INR 40 Lakhs and even INR 50 Lakhs in selected places.
Loan Tenure is 12 months to 48 months.
Eligibility
Entrepreneurs, Proprietors, Private Ltd. Co., and Partnership Firms involved in the business of Manufacturing, Trading, or Services.
The business has a minimum turnover of Rs. 40 lakhs.
Individuals who have been working for at least 3 years with a minimum of 5 years of working experience in the field.
Business involved in profit-making for the past 2 years.
A business must have a Minimal Annual Income (ITR) of at least Rs.1.5 lakhs per year.
The applicant must be at least 21 years when they apply for the loan, and not older than 65 when the loan’s maturity.
Documentation
If you are interested in a business growth loan, then you can apply for it using the following paperwork.
Mandatory Documents [Sole Prop. Declaration or Certified Copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association (certified by Director) & Board resolution (Original)]
A copy of any of the following documents as identity proof:
Aadhaar Card
Passport
Voter’s ID Card
PAN Card
Driving License
3. A copy of any of the following documents as address proof:
Aadhaar Card
Passport
Voter’s ID Card
Driving License
4. Latest ITR along with computation of income, Balance Sheet, and Profit & Loss account for the previous 2 years, after being CA Certified/Audited.
5. Proof of continuation (ITR/Trade license/Establishment/Sales Tax Certificate).
6. Bank statement of the previous 6 months.
Interest Rate & Charges
The interest range for Rack is between 10% to 22.5%.
Loan Processing Charges – Up to 2% of the loan amount. NIL Processing Fees for loan facility up to ₹5 Lakhs availed by micro and small Enterprises subject to URC submission before disbursal
Benefits
You don’t have to submit any collateral or security for taking a loan from HDFC.
The process of applications is very simple.
Least amount of documentation.
Doorstep service is available in this bank.
An additional feature is access to the overdraft facility. You pay interest only on the utilized loan amount together with a credit protection plan.
You can have the credit protection plan at a nominal price.
Citi Bank Business Loans
Citi Bank Business Loan
Citi Bank offers loans referred to as CitiBusiness that offer business loans through which startups can manage working capital efficiently. A startup can also opt for diversified MSME loan products which include working capital loans, short-term loans, long-term loans, overdrafts as well as export-import finance options too.
Citi India has transferred the ownership of its consumer business to Axis Bank starting from March 1st, 2023.
ICICI Bank Business Loans
ICICI Bank Business Loan
ICICI also offers startup loans. They have come up with “iStartup 2.0′, which provides a broad range of business solutions that help customers beyond their banking and business needs which can help you save time and energy, and allow you to concentrate on the essential business aspects. This program has been created to allow entrepreneurs to take advantage of loans.
If you choose to use the iStartup 2.0 which includes banking services, lots of other services are offered to you, which play an essential role in the development of your business, such as a debit card that has limits and more.
Loan Amount and Tenure
The minimum amount for a loan is INR 50,000 and the maximum amount is INR 40 Lakhs.
Loan Tenure is 12 months to 36 months.
Eligibility
Loans can be given to Self Employed individuals and the age criterion is 28 years. For doctors, the age criteria are 25 years.
The minimum turnover of the business for a no-professional has to be INR 40 Lakhs and for Professionals, it has to be INR 15 Lakhs
The minimum profit has to be INR 2 Lakhs for self-employed and INR 1 Lakhs for non-professionals.
One has to have a minimum 1-year relationship with ICICI Bank by having a current or saving account.
Documentation
Copy of PAN Card for Identity Proof.
2. A copy of any of the following documents as address proof:
Aadhaar Card
Passport
Voter’s ID Card
Driving License
3. Partnership deed or certificate for Partnership business and Sole Proprietorship establishment certificate is needed.
4. Last 3 Years’ Audited Financial reports that include balance, profit and loss account, tax Audit reports
5. Bank statement for the last 6 months
Interest Rate & Charges
For secured facilities: Up to Repo Rate +6.0 %(Non-PSL). For facilities backed by CGTMSE: Up to Repo Rate + 7.10%. The interest rate for each loan is determined based on the assessment of the business, financials, loan amount, and tenure.
The processing fees are up to 2% (plus applicable taxes) of the facility amount.
Benefits
Collateral or security is not needed.
An overdraft facility is offered by the bank.
There are numerous branches of the bank in India.
Loan processing is quick and simple.
If you opt for iStartup 2.0, you are given the perfect solution for healthcare, IT & services, real estate, and manufacturing. In short, it may prove to be a tiny step to the big leap.
Axis Bank Business Loans
Axis Bank Business Loan
Axis Bank is among the banks that could be the right option for you. It provides the required fund as a loan for the requirement of your business. Small and micro businesses can easily apply for loans in Axis Bank.
Loan Amount and Tenure
The loan amount is up to INR 50 Lakhs.
The tenure is 6 to 36 months.
Eligibility
The business must be at least 3 years old and running.
Have a minimum annual turnover of INR 30 Lakhs.
Individuals must be in the age group of 21 to 65 years.
The individual has to be Indian to apply for the loan.
Documentation
A copy of any of the documents for identity proof is mentioned down below:
Aadhar Card
Passport
Voter’s ID Card
Driving License
Pan Card
2. A copy of any of the documents for address proof mentioned down below:
Passport
Telephone Bill
Electricity Bill
Bank Statement with a cheque
3. Last 2 years’ Income Tax Return documents
4. Banks Statement for the last 6 months
5. Proof of the establishment of the business.
6. The last 2 years’ financial reports which include Profit and Loss Statement and Balance Sheet.
Interest Rate & Charges
The interest rate is 10.99% to 21%.
The processing fee is up to 2% of the loan amount that has been requested + Taxes applicable.
Benefits
No collateral or security is needed.
Least amount of documentation.
The application process for the loan is simple.
The tenure for the repayment is flexible.
Conclusion
The majority of entrepreneurs running businesses try to make funds on their own and invest them in their businesses and move forward. If you go back in time to those who have loans, only a few can use the money they have been granted. The issue of bank loans is a huge issue for some however the only requirement is how to utilize the facility in the right way. The startup culture is growing day by day, therefore the need for business loans is also increasing.
FAQs
Which bank is best for business loans?
The best bank for loans to startup businesses are:
HDFC Bank Business Loans
Citi Bank Business Loans
ICICI Bank Business Loans
Axis Bank Business Loans
What is a good credit score to get a business loan?
A credit score above 650 can be an excellent score to qualify for a business loan.
For a collateral-free business loan: A credit score above 700. For a secured business loan: A credit score is 650 to 700.
How do I qualify for a business loan?
To qualify for a business loan a few requirements are needed.
Business Credit Score.
The annual revenue of your business.
New Business Plan that includes forecast financial statements.
Additional financial collateral is needed to secure the loan.
Can I take a loan from a bank for business?
Absolutely. You can get a startup company loan through a bank to begin and grow your company. The rate of interest would be contingent upon the size of your loan as well as the time frame for repayment.
