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Axis Bank Limited

Axis Bank ranks third largest private sector bank in India. The bank offers a suite of financial products and services to the people, which covers large, mid and small corporate world and even for personal use. The bank has its head office in Mumbai and registered office in Ahmedabad. It has 3,304 domestic branches and 13,814 ATMs across the country as on 31st March 2018. It’s spread across almost every corner of India, which covers 2,163 cities and towns with a plethora of product and services. This bank also has its presence in foreign countries and has ten overseas offices with branches in Hong Kong, Dubai, Colombo, Singapore and Shanghai, representative offices in Abu Dhabi, Dubai, Sharjah, Dhaka, and an overseas subsidiary in the UK and London.

Axis bank was promoted in 1993, integrated by SUUTI (Specified Undertaking of Unit Trust of India) also known as Unit Trust of India, LIC (Life Insurance Corporation of India), GCI (General Corporation of India), The National Insurance Company Ltd, United India Insurance Company Ltd, The Oriental Insurance Company Ltd and The New India Assurance Company Ltd. The shareholding of UTI was subsequently transferred to SUUTI a body established in 2003.

Axis bank services include- Retail banking: lending to-Individuals, Small business, Internet banking, Credit card service, ATM services, Depository, Liability products, Financial advisory services, NRI services product and granularity criterion. Axis Personal loan, Axis Home loan, Axis Education Loan, Axis Car loan, Axis Mortgage loan, etc.,

Corporate banking: Credit, Transaction banking, treasury, syndication, investment banking and trustee services.

International banking

Axis bank has 11 subsidiaries which include
  • Axis Capital Ltd. (formerly Axis Securities and Sales Ltd.) (ACL)
  • Axis Securities Ltd. (formerly Enam Securities Direct Pvt. Ltd.) (ASL)
  • Axis Private Equity Ltd. (APE)
  • Axis Trustee Services Ltd. (ATSL)
  • Axis Asset Management Company Ltd. (AAMC)
  • Axis Mutual Fund Trustee Ltd. (AMFT)
  • Axis Finance Ltd (AFL)
  • A.TREDS Ltd. (ATL)
  • Axis Bank UK Ltd.
  • (ABUK)Freecharge Payment Technologies Private Limited (Freecharge)
  • Freecharge Payment Technologies Private Limited (Freecharge)
  • Accelyst Solutions Private Limited (Accelyst)
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