Axis Bank

Axis Bank

Banking

Mumbai, Maharashtra 2,673,911 followers

We are #DilSeOpen

About us

Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. The Bank has a large footprint of 5000 domestic branches (including extension counters) with 15,751 ATMs & cash recyclers spread across the country. The Bank has 6 Axis Virtual Centres with over 1,500 Virtual Relationship Managers as on 31st March 2023. The Overseas operations of the Bank are spread over eight international offices with branches in Singapore, Dubai (at DIFC), and Gift City-IBU; representative offices in Dhaka, Dubai, Abu Dhabi, Sharjah and an overseas subsidiary in London, UK. The international offices focus on Corporate Lending, Coverage Business, Trade Finance, Syndication, Investment Banking, Liability Businesses, and Private Banking/Wealth Management offerings. Axis Bank is one of the first new generation private sector banks to have begun operations in 1994. The Bank was promoted in 1993, jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India), Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), National Insurance Company Ltd. (NIC), The New India Assurance Company Ltd. (NIA), The Oriental Insurance Company Ltd. (OIC), and United India Insurance Company Ltd. (UIIC). The shareholding of Unit Trust of India was subsequently transferred to SUUTI, an entity established in 2003. GIC, NIC, NIA, OIC, UIIC have been reclassified from promoter category to public category. As on March 31, 2023, SUUTI and LIC are the promoters of the Bank. With a balance sheet size of Rs. 13,17,326 crores as on 31st March 2023, Axis Bank has achieved consistent growth and with a 5-year CAGR (2017-18 to 2022-23) of 14% each in Total Assets & Advances and 16% in Deposits.

Website
http://www.axisbank.com
Industry
Banking
Company size
10,001 employees
Headquarters
Mumbai, Maharashtra
Type
Public Company
Founded
1994
Specialties
Cash Management Services, Debt Syndication, M&A Advisory, PE Advisory, Retail Financial Services, Trade Finance, Mortgages, SME Loans, and Banking Services

Locations

  • Primary

    Pandurang Budhkar Marg, Worli

    Mumbai, Maharashtra 400025, IN

    Get directions

Employees at Axis Bank

Updates

  • View organization page for Axis Bank, graphic

    2,673,911 followers

    We are delighted to share that Axis Receivables Suite (ARS), our innovative Cash Management proposition for JK Papers Ltd has been recognised as the best-in-class Treasury solution in India at the Adam Smith Asia Award 2024. This award reaffirms our commitment to innovate and bring world-class business solutions to our clients. We look forward to achieving bigger milestones together. #AdamSmithAwards #AxisBank #treasuryawards Vivek Gupta SUNIL KAMATH Chetan Nangalia Kiran Hegde

  • View organization page for Axis Bank, graphic

    2,673,911 followers

    Check out our latest episode of Open Dialogue, podcast : Rebuilding the Marketplace, Embracing the Rise in Demand, where our experts discuss the evolution of the Indian stock market ecosystem and explore how investors are responding to the increasing demand for equities in India.  Tune in now for more insights! Watch the full episode here : https://lnkd.in/dJndCHs4 Speakers:  - Sameer Shetty : President & Head, Digital Business & Transformation, Axis Bank  - Ashwin Patni : Head, Products & Alternates, Axis Mutual Fund #stockmarket #equities #Markets #AxisBank

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  • View organization page for Axis Bank, graphic

    2,673,911 followers

    Further strengthening our partnership with the Indore Software Association, we recently organized a panel discussion on 'Fund raising by software companies and tech start-ups - GIFT City vs SEZ' and 'Optimizing forex management' in Indore. Mr. Sanjeev Agrawal (CFO & CHRO of Impetus Technology), Mr. Rakesh Bhojnagarwala (Executive Vice President and Regional Branch Banking Head – Axis Bank), Mr. Mahesh Muchhal (Vice President – Axis Bank IBU, GIFT City), and Mr. Prabhanjan Wandrekar (Senior Vice President and Business Head – Retail & Trade Forex – Axis Bank) were part of the panel and they discussed the various aspects of challenges and solutions for start-ups in the global market and forex management for tech companies among other things. Attended by close to 185 promoters associated with the Indore Software Association, the event also saw Mr. Pulkit Kapoor (Senior Vice President – Business & Economic Research – Axis Bank), Mr. Jatan Shah (Senior Vice President – Treasury Sales – Axis Bank) and Mr. Ronnie Quadros (Vice President – Capital Account and Custody Business – Axis Bank) speak about capital account transactions, opportunities in GIFT City and Axis Bank's corporate banking platform - neo for corporates.

  • View organization page for Axis Bank, graphic

    2,673,911 followers

    "In 11th grade, I hit rock bottom, failing three subjects. That moment woke me up, and by 12th grade, I was one of the top scorers in school. Life didn’t get easier, though. While attending college, I started tutoring students to support myself. Then COVID hit, and classes went online. I took on a job at a law firm, earning barely enough, but I kept pushing. After graduation, I applied for Axis Bank’s Priority Banking program, and despite being a fresher, I topped the course. I became a Relationship Manager, handling the pressures of the job while studying for banking exams in the mornings and after long workdays. Within two years, I was one of the top performers in the country, earning a perfect rating and a promotion. Then came a defining moment: I got into Axis Bank’s AHEAD talent program, shifting from branch banking to a corporate role. My salary tripled, but more importantly, my career transformed and I now work with the treasury department. And I’m not done yet, I'm only 24 - the only way from here is up." - Karan Pherwani

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  • View organization page for Axis Bank, graphic

    2,673,911 followers

    Axis Bank hosted the event “Future-Proofing MSMEs for the New Age” in Ludhiana on October 25, 2024. The Chief Guest, Shri Tarunpreet Singh, Minister of Rural Development & Panchayats, Tourism & Cultural Affairs, Industry & Commerce, Investment Promotion, Hospitality, and Labour, graced the occasion with his presence and keynote address. The event featured a fireside chat with Mr. VIJAY SHETTY, Head of the Commercial Banking Group at Axis Bank. A panel discussion on “Business in the New Age with Successful Entrepreneurs” included Mr. Amit Mohan Prasad (Former IAS Officer), Mr. Mandeep Pawar (Executive Director, Avon Cycles), Ms. Varsha Prajapati (Head of Marketplaces - E-commerce, Mi Arcus), and Mr. LALIT CHOPRA (EVP & Regional Branch Banking Head, Axis Bank). Axis Bank continues to champion MSME growth and resilience through strategic partnerships. #Axisbank #MSME VIJAY SHETTY Saurab Vadhera RATUL MUKHOPADHYAY LALIT CHOPRA RAJENDRA JAIKUMAR Rohan Shrivastava

  • View organization page for Axis Bank, graphic

    2,673,911 followers

    Empowering future leaders! Gaurav Chugh, Head of Axis Virtual Centre, engaged with students at Management Development Institute, Gurgaon and Faculty of Management Studies - University of Delhi, sharing insights into the world of banking, the unique value of Indian organizations, and his inspiring journey from MBA to sales. He covered topics ranging from Axis Bank’s diverse business portfolio, culture of growth and the Axis Ahead program. We are Inspired by the great questions and enthusiasm from these bright minds who are ready to shape the future of finance! #AxisBank #FutureOfBanking #CampusConnect #LifeAtAxis

  • View organization page for Axis Bank, graphic

    2,673,911 followers

    With US elections gaining momentum, the latest edition of Treasury Market Talks by Axis Bank focused on the topic of ‘US Elections 2024 - Trends and Implications of Red vs Blue'. While Todd Buchholz (former White House Economic Advisor, renowned economist and author) spoke on how it will be very difficult for the Dollar to depreciate, if Donald Trump gets a strong economy and if US has a loose fiscal policy. Tyler Grassmeyer (senior Washington analyst, Observatory Group LLC, former Chief of Staff to the U.S. House of Representatives and former top advisor to U.S. Senator Ben Sasse) and Brejesh Chalill (Executive Vice President & Head, Treasury Market Sales, Axis Bank) also addressed the different aspects influencing the elections. Watch the detailed discussion on https://bit.ly/48oHoSa. #AxisBank #USElections

  • View organization page for Axis Bank, graphic

    2,673,911 followers

    This Diwali, our Axis family felt a little brighter as we welcomed over 320 children to visit their parents' workplace! With lots of events and competitions, it was a day full of joy, laughter, and togetherness. Seeing our employees’ children experience the place where their parents shine every day reminded us of the power of family and community. Here's to creating memories, sharing smiles, and celebrating the true spirit of Diwali with our Axis family! ✨ #LifeAtAxis #AxisBank #DiwaliAtWork

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Funding

Axis Bank 4 total rounds

Last Round

Post IPO secondary

US$ 444.3M

See more info on crunchbase