1. Axis Bank
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Axis Bank Limited AXISBank Logo.svg
Traded as
BSE: 532215
LSE: AXBC
NSE: AXISBANK
Industry
Banking, Financial services
Founded
1994 (As UTI Bank)
Headquarters Mumbai, Maharashtra, India
Key people
Dr Sanjiv Misra
(Chairman)
Shikha Sharma
(MD & CEO)
Products
Credit cards, consumer banking, corporate banking, finance and insurance,
investment banking, mortgage loans, private banking, private equity, wealth management
Revenue
INR274.82 billion (US$4.4 billion) (2012)[1]

2. Net income
INR42.19 billion (US$680 million) (2012)[1]
Total assets
INR2.854 trillion (US$46 billion) (2012)[1]
Employees
40,239 (as on 30th September 2013 [2]
Website
www.axisbank.com
Axis Bank Limited (BSE: 532215, LSE: AXBC) is the third largest private sector bank in India. It
offers the entire spectrum of financial services to customer segments covering Large and MidCorporates, MSME, Agriculture and Retail Businesses. Axis Bank has its headquarters in Mumbai,
Maharashtra.
Axis Bank began its operations in 1994, after the Government of India allowed new private
banks to be established. The Bank was promoted jointly by the Administrator of the Unit Trust
of India (UTI-I), Life Insurance Corporation of India (LIC), General Insurance Corporation Ltd.,
National Insurance Company Ltd., The New India Assurance Company, The Oriental Insurance
Corporation and United India Insurance Company. The Unit Trust of India holds a special
position in the Indian capital markets and has promoted many leading financial institutions in
the country. As on the year ended 31st March 2013, Axis Bank had an operating revenue of
INR16,217 crores and a net profit of INR5,179 crores. [21]
Axis Bank (erstwhile UTI Bank) opened its registered office in Ahmedabad and corporate office
in Mumbai in December 1993. The first branch was inaugurated in April 1994 in Ahmedabad by
Dr. Manmohan Singh, then the Honorable Finance Minister. The Bank, as on 31st March 2013, is
capitalised to the extent of Rest. INR467.95 crores with the public holding (other than
promoters and GDRs) at 54.08%. [22]. New Zealand born Richard Chandler owns about 9.5%
share through Orient Global.
On 14th March 2013 an online magazine named Cobrapost.com released video footage from
Operation Red Spider purporting to show a few employees of several Indian banks including Axis
bank apparently willing to help customers to avoid paying taxes. After this, The government of
India and Reserve Bank of India have ordered an inquiry.[3][4][5]
Contents

3. [hide]
* 1 Network
* 2 International Business
o 2.1 Business focus
o 2.2 Treasury operations
o 2.3 Retail banking
o 2.4 Corporate/wholesale banking
o 2.5 Industry First Initiative
o 2.6 International branches
o 2.7 NRI services
o 2.8 Business banking
o 2.9 Investment banking
* 3 Lending to small and medium enterprises
* 4 The Business Gaurav SME Awards
* 5 Agriculture
* 6 Financial inclusion
* 7 International banking
* 8 Awards and recognitions
* 9 AXIS Bank Corporate Office
* 10 Board of directors
* 11 Corporate social responsibility
o 11.1 Education foundation
* 12 References
* 13 External links

4. Network[edit]
The Bank's Registered Office is situated in Ahmedabad and its Central Office is located at
Mumbai. The Bank has an extensive network of 2225 branches and extension counters (as on
30th September 2013). The Bank has a network of 11796 ATMs (as on 30th September 2013)[23]
Axis Bank operates one of the world’s highest ATM sites at Thegu, Sikkim at a height of 4023.4
metres (13,200 ft) above sea level, and has the largest ATM network among private banks in
India.[6]
International Business[edit]
The Bank has seven international offices with branches at Singapore, Hong Kong, Dubai (at the
DIFC) and Colombo and representative offices at Shanghai, Dubai and Abu Dhabi, which focus on
corporate lending, trade finance, syndication, investment banking and liability businesses. In
addition to the above, the Bank has a presence in UK with its wholly owned subsidiary Axis Bank
UK Limited.[7]
Business focus[edit]
Axis Bank operates in four segments: corporate/wholesale banking, and other banking business.
[8]
Treasury operations[edit]
The Bank’s treasury operation services include investments in sovereign and corporate debt,
equity and mutual funds, trading operations, derivative trading and foreign exchange operations
on the account, and for customers and central funding. [9]
Retail banking[edit]
In the retail banking category, the bank offers services such as lending to individuals/small
businesses subject to the orientation, product and granularity criterion, along with liability
products, card services, Internet banking, automated teller machines (ATM ) services,
depository, financial advisory services, and nonresident Indian (NRI) services.[10]

5. Corporate/wholesale banking[edit]
The Bank offers to corporate and other organisations services including corporate relationship
not included under retail banking, corporate advisory services, placements and syndication,
management of public issues, project appraisals, capital market related services and cash
management services. [11]
Industry First Initiative[edit]
Axis Bank, India's third largest private sector bank launched Mobile Banking App 2.0 for its retail
resident Indian customers The first of its kind in India, Axis Mobile 2.0 offers a high level of
personalization . The App has been launched in partnership with Tagit, a leading Singapore
mobile solutions company. The new application uses Tagit's mobility solution platform that
enables Banking on-the-go.[12]
‘Axis Bank- ISIC Forex Card’ for Students would be the first photo Travel Currency Card available
in USD, Euro, GBP and AUD currencies . Axis Bank is the 1st Bank in India to launch ISIC cobranded Forex prepaid card for students. [13]
Axis Bank partners with Visa to launch industry first ‘eKYC’ facility, 1st organization in India to
introduce biometric based eKYC offering convenience, speed & ease to Aadhaar-registered
individuals to open bank accounts [14]
International branches[edit]
* Singapore
* Hong Kong
* Dubai
* Shanghai
* Abu Dhabi

6. * Moscow
* colombo
* UK- london [15] [16]
NRI services[edit]
Products and services for NRIs that facilitate investments in India. [17]
Business banking[edit]
The Bank accepts income and other direct taxes through its 214 authorised branches at 137
locations and central excise and service taxes (including e-Payments) through 56 authorised
branches at 14 locations.[18]
Investment banking[edit]
Bank’s Investment Banking business comprises activities related to Equity Capital Markets,
Mergers and Acquisitions and Private Equity Advisory. The bank is a SEBI-registered Category I
Merchant Banker and has been active in advising Indian companies in raising equity through
IPOs, QIPs, and Rights Issues etc. During the financial year ended 31 March 2012, Axis Bank
undertook 9 transactions including 5 IPOs and 2 Open Offers. [19]
Lending to small and medium enterprises[edit]
Axis Bank SME business is segmented in three groups: Small Enterprises, Medium Enterprises
and Supply Chain Finance. Under the Small Business Group a subgroup for financing micro
enterprises is also set up. [20] Axis bank is the 1st Indian Bank having TCDC cards in 11
currencies.[citation needed]
The Business Gaurav SME Awards[edit]
In 2011–12, Axis Bank set up 6 SME centres and SME cells each across the country, taking the
total number to 32 SME Centres. The Bank also organised the ‘Business Gaurav SME Awards’ in
association with Dun & Bradstreet to recognise and award achievements in the SME space. [21]

7. Agriculture[edit]
401 branches of the Bank have dedicated officers for providing agricultural loans to farmers.
[22]
Financial inclusion[edit]
Till March 2012, the Bank had opened over 4.4 million No Frills accounts in over 7607 villages
through a network of 15 Business Correspondents and nearly 6000 customer service points. Axis
Bank has a strong presence in Electronic Benefit Transfer (EBT) and has covered 6800 villages
across 19 districts and 9 states till date with over 3.7 million beneficiaries.
International banking[edit]
Axis Bank has a foreign network of four branches (Singapore, Hong Kong, DIFC (Dubai) and
Colombo (Sri Lanka) and three representative offices (Shanghai, Dubai and Abu Dhabi) with
presence in 6 countries. Axis Bank was granted a banking license in Britain, after receiving
approval in April 2013 from Britain's financial regulator to provide a full range of banking
services including deposit-taking and making loans and investments. It opened its first UK bank
in London on 12 July 2013.[23]
Awards and recognitions[edit]
In year 2012–13 [24]
Bank of the Year Money Today FPCIL Awards 2012–13 Best Bank CNBC-TV18 India’s Best Bank
and Financial Institution Awards 2012 Best Bank Runner Up – Outlook Money Awards 2012
Consistent Performer India’s Best Banks – 2012 Survey by Business Today & KPMG Fastest
Growing Large Bank Dun & Bradstreet – Polaris Financial Technology Banking Awards 2012
Fastest Growing Large Bank Businessworld Best Banks Survey 2012 Best Domestic Bond House
The Asset Triple A Country Awards 2012 – Our Bank has been honored with this award for the
third year in a row India Bond House of the year IFR ASIA – Country Awards 2012 Deal Maker of
the Year in Rupee Bonds Businessworld Magna Awards – India's Best Deal Makers 2012 The Best
Emerging Bullion Dealing Bank 9th India International Gold Convention-2011-12 Best Acquiring
Institution in South Asia Visa LEADER Award at Visa’s 2012 APCEMEA Security Summit, Bali Gold
Shield for Excellence in Financial Reporting in the Private Banks category – 2011–12 ICAI

8. (Institute of Chartered Accountants of India)
AXIS Bank Corporate Office[edit]
The Axis Bank Corporate Office in Mumbai received the ‘Platinum’ rating by the US Green
Building Council for its environment friendly facilities and reduction of carbon emission. [25]
Board of directors[edit]
1. Chairman Sanjiv Misr
1. MD and CEO Shikha Sharma [26]
Corporate social responsibility[edit]
Axis Bank has set up a Trust – the Axis Bank Foundation, which contributes up to 1 percent of its
net profit annually to various social initiatives undertaken by the foundation. During the year
2011–12, the foundation has partnered with 36 NGOs for educating over a lakh underprivileged
and special kids in 13 states. The recycling initiative under the Green Banking banner has helped
the bank productively use around 21572 kilograms of dry waste during the year [27]