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The bank offers lending services to individuals and small businesses, along with liability products, card services, Internet banking, automated teller machines (ATM) services, depository, financial advisory services, and Non-resident Indian (NRI) services. Axis bank is a participant in RBI's NEFT enabled participating banks list.
Axis Bank stock had gained over 90% since her appointment in June 2009. The bank's compounded annual net profit growth rate was above 20 per cent in the three years ending 2014-15. The bank's net non-performing asset ratio was 1.34 per cent in March 2015, much lower than the 4.4 per cent for the banking sector as a whole.
In the late 1980s and 1990s, the division was one of the first banks to offer credit cards in India. [3] In 1992, Citibank India was alleged to have played the leading role in allowing or facilitating the market manipulation that drove up prices of shares on the Bombay Stock Exchange during the 1992 Indian stock market scam.
The company is the online brand of Axis Securities,a wholly owned subsidiary of Axis Bank. Products and services. Axis Direct provides a 3-in-1 Online Investment Account which is a combination of Axis Bank Savings along with an Axis Direct trading and Demat account services: Equities – Invest online in stocks of listed companies
Axis Mutual Fund. Axis Mutual Fund is an Indian asset management company. It was established in the year 2009 and has its headquarters in Mumbai. [9] [10] Axis Mutual Fund offers various types of mutual fund schemes to invest in India, such as equity funds, hybrid funds, debt funds, and more. [11]
In FY 2019-20 Punjab & Sind Bank recorded a Net Loss of Rs.990.80 crore. Total business of the bank stood at Rs. 1,52,231.75 crore. The operating profit for the year ending 2019-20 is Rs. 1097 crores. Gross NPA is 14.18% for the year ending 2019-20 amounting to Rs 8875 crores. Net NPA is 8.03% for the year ending 2019-20 amounting to Rs 4684 ...
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. Education. Chaudhry is an engineer from Birla Institute of Technology and Science, Pilani, and ...
v. t. e. Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that ...
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