Axis Bank is one of the largest private banks in India. It is one among top 5 banks and in top 3 private banks. Axis Bank was earlier known as the UTI (Unit Trust of India) Bank Axis Bank is the 3rd largest private sector bank located in India and ultimate in offering the financial support through dedicated leadership team and the committed employees.
Factsheet of Axis Bank| Bank Name | Axis Bank |
| Founded in | Dec. 3, 1993 |
| Promoters/founders | Unit Trust of India, Life Insurance Corporation of India, General Insurance Corporation, National Insurance Company, The New India Assurance Company, The Oriental Insurance Corporation |
| Headquarter Address | Axis Bank Limited |
| Employee's | 78300 |
| Type of Bank | Private Bank |
| Official Website | https://www.axisbank.com/contact-us |
| Customer Care Number | 18604195555 |
Axis Bank is modernised and provide traditional services and new world facilities such as ATM, Financial Services, Internet Services, NRI services, Credit and Debit card services and others.
The bank changed its name from UTI Bank, that was established in 1993 and continue to work till 2007. It is an Indian Private Bank having its headquarters in Mumbai and excellent in offering financial options to large and medium enterprises, Business houses, Corporate groups and the Retail institutions.
The first branch was inaugurated by Dr. Manmohan Singh, a proud student of London School of Economics and the finance minister in 1994. The UTI bank was renamed to Axis Bank in the year 2007. It is the 3rd largest private sector bank in India.
Mr. Amitabh Chowdhury is the MD and CEO of Axis Bank since Jan 2019.
There were two massive instances where in an online magazine did a surprise operation on the bank and showed lot of money laundering and corruption cases by top officials and RBI imposed a heavy penalty of INR 50 million on Axis Bank.
The other instance was during the Demonetisation drive done by the Prime Minister Mr. Narendra Modi, on November 8 2016.
Axis Bank has many subsidiaries doing financial services, Insurance and Asset management. Few of the major subsidiaries are listed below:
Axis bank is providing full-fledged banking services and deals in all traditional as well as modern banking facilities. Services provided by Axis bank are:
There are various loans like the Business Loans, Holiday Loans, Educational Credits offered by the Axis Bank. Some of the facilities are given below.
Axis Bank has 5423 IFSC connected branches in India. Bank has branches in following states:
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