Axis Bank
Incorporation year : 1993
Headquarter : Mumbai, Maharashtra, India.
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, Micro Small and Medium Enterprises
(MSME), Agriculture and Retail Businesses.
The overseas operations of the Bank are spread over ten international offices with branches at Singapore,
Hong Kong, Dubai (at the DIFC), Colombo and Shanghai; representative offices at Dhaka, Dubai, Abu Dhabi,
Sharjah and an overseas subsidiary in London, UK.
Company History
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., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and
United India Insurance Company Ltd. The shareholding of Unit Trust of India was subsequently transferred to
SUUTI, an entity established in 2003.
Philosophy
Vision: To be the preferred financial solutions provider excelling in customer del1ivery through insight,
empowered employees and smart use of technology.
Core Values: Customer centricity, ethics, transparency, teamwork and ownership.
Portfolio of Company; Products and Services it offers
The Bank has ten wholly owned subsidiaries, Axis Capital Ltd., Axis Private Equity Ltd., Axis Trustee Services
Ltd., Axis Asset Management Company Ltd., Axis Mutual Fund Trustee Ltd., Axis Bank UK Ltd., Axis Securities
Ltd., Axis Direct, Axis Finance Ltd., Axis Securities Europe Ltd. and Axis Treds Limited.
Wednesday, March 31, 2021