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2017: Axis Bank acquired Freecharge, a digital marketplace for financial services in 2017 for approximately ₹385 crore. 2023: In March 2023 Axis bank completed acquisition of Citi group's Indian subsidiary Citibank India's consumer banking business for a cash consideration of ₹ 12,325 crore (US$1.5 billion) which was initially announced in ...
There are 49 scheduled urban co-operative banks in India. Abhyudaya Co-operative Bank Ltd. Apna Sahakari Bank Ltd. [69] Ahmedabad Mercantile Co-Op Bank Ltd. [70] Amanath Co-operative Bank Ltd. [71] Andhra Pradesh Mahesh Co-Op Urban Bank Ltd. Bassein Catholic Co-operative Bank Ltd. [72] Bharat Co-operative Bank (Mumbai) Ltd.
Title. MD and CEO, Axis Bank. Term. 2019-till date. Predecessor. Shikha Sharma. Amitabh Chaudhry is an Indian banker, and the managing director (MD) and chief executive officer (CEO) of Axis Bank, the third largest private sector bank in India. He joined Axis in January 2019, after heading HDFC Life Insurance for nine years.
Axis Bank was twice pulled up by the Reserve Bank of India, in 2016 and 2017, for under-reporting bad loans. In 2016, there was a reported difference of ₹ 9,480 crore (equivalent to ₹ 140 billion or US$1.7 billion in 2023) between Axis Bank and the RBI's
Canara Bank: Banking 12.68 Bangalore 31 Bank of Baroda: Banking 12.06 Vadodara: 32 Union Bank of India: Banking 11.28 Mumbai 33 Punjab National Bank: Banking 12.1 New Delhi 34 Mahindra & Mahindra: Automotive 11.59 Mumbai 35 Steel Authority of India: Iron and steel 12.98 New Delhi 36 GAIL: Oil and gas 10.98 New Delhi 37 Indian Bank: Banking 6.17 ...
RuPay reported 100 Crore (1 billion) transactions through both online and offline merchant payment modes in financial year 2019, a nearly 70% jump compared to the 667 million (66.7 Crore) transactions in financial year 2018, according to data sourced from the NPCI and the Reserve Bank of India.
Union Bank of India. On 30 August 2019, Finance Minister announced that Andhra Bank and Corporation Bank would be merged into Union Bank of India. The proposal would make Union Bank of India the fifth largest PSB with assets of ₹ 14.59 lakh crore (US$180 billion) and 9,609 branches.
Axis Mutual Fund is an Indian asset management company.It was established in the year 2009 and has its headquarters in Mumbai.. Axis Mutual Fund offers various types of mutual fund schemes to invest in India, such as equity funds, hybrid funds, debt funds, and more.