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Axis Bank. Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra. [ 8 ] It is India's third largest private sector bank by assets and fourth largest by market capitalisation. It sells financial services to large and mid-size companies ...
The bank specializes in retail banking services. According to the bank, its name is derived from the Indus Valley civilisation. [14] As of June 2024, the bank has 41 million customers, 3,013 branches, and 2,988 ATMs in India. [15] It's an empaneled banker for MCX and part of the NIFTY 50 since April 1, 2013. [16]
Axis Bank stock had gained over 90% since her appointment in June 2009. [16] 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.
It's easier to manage bills. With a joint account, it's simpler to pay shared expenses like your mortgage, utilities and groceries. You don't have to figure out who owes what or transfer money ...
Axis Direct provides a 3-in-1 Online Investment Account [2] 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; Mutual Funds – Invest in mutual funds including equity, hybrid, tax saving or debt schemes from asset management companies
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Banker. 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.
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