Axis Bank

Axis Bank is that the third largest personal sector bank in Asian nation. The Bank offers the complete spectrum of monetary services to client segments covering massive and Mid-Corporates, MSME, Agriculture and Retail Businesses.

The Bank features a massive footprint of four,528 domestic branches (including extension counters) with twelve,044 ATMs & five,433 money recyclers unfold across the country as on thirty first March, 2020. The overseas operations of the Bank area unit meet eleven international offices with branches at Singapore, Hong Kong, port (at the DIFC), Colombo, Shanghai and Gift City-IBU; representative offices at Dhaka, Dubai, Abu Dhabi, Sharjah and a distant subsidiary at London, UK. The international offices specialize in company disposition, trade finance, syndication, investment banking and liability businesses.

Axis Bank is one among the primary new generation personal sector banks to possess begun operations in 1994. The Bank was promoted in 1993, collectively by such endeavor of unit investment trust of Asian nation (SUUTI) (then called unit investment trust of India), insurance Corporation of Asian nation (LIC), General Insurance Corporation of Asian nation (GIC), social insurance Company Ltd., The New Asian nation Assurance Company Ltd., The Oriental underwriter Ltd. and United Asian nation underwriter Ltd. The share holding of unit investment trust of Asian nation was afterwards transferred to SUUTI, associate degree entity established in 2003.

With a record size of Rs. 9,15,165 crores as on thirty first March 2020, Axis Bank has achieved consistent growth and with a five year CAGR (2014-15 to 2019-20) of V-J Day every in Total Assets, Deposits and Advances.