Axis Bank

Axis Bank Limited
Company typePublic
ISININE238A01034
IndustryFinancial services
Founded3 December 1993; 30 years ago (1993-12-03) as UTI Bank
HeadquartersAxis House,
Mumbai, Maharashtra
,
India[1]
Number of locations
5377 (March 2024)
Key people
Products
RevenueIncrease ₹137,989 crore (US$17 billion)[2] (2024)
Increase ₹39,356 crore (US$4.7 billion)[2] (2024)
Increase ₹26,386 crore (US$3.2 billion)[2] (2024)
Total assetsIncrease ₹1,518,239 crore (US$180 billion)[2] (2024)
Total equityIncrease ₹155,512 crore (US$19 billion)[2] (2024)
Owner
Number of employees
104,333[3] (as of March 2024)
Subsidiaries
  • Axis Asset Management Company Ltd.
  • Axis Mutual Fund Trustee Ltd.
  • Axis Capital Ltd.
  • Axis Finance Ltd.
  • Axis Securities Ltd.
  • A.TREDS Ltd.
  • Axis Bank UK Ltd.
  • Axis Trustee Services Ltd.
  • Freecharge
  • Accelyst Solutions Private Ltd.
  • Axis Private Equity Ltd.[4]
Capital ratio9.35% (December 2019)
Websitewww.axisbank.com
Footnotes / references
[5][6][7]

Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra.[8] It is India's third largest private sector bank by assets and fourth largest by market capitalisation. It sells financial services to large and mid-size companies, SMEs and retail businesses.[1]

As of 30 June 2016, 30.81% shares are owned by the promoters and the promoter group (United India Insurance Company Limited, Oriental Insurance Company Limited, National Insurance Company Limited, New India Assurance Company Ltd, GIC, LIC and UTI).[9] The remaining 69.19% shares are owned by mutual funds, FIIs, banks, insurance companies, corporate bodies and individual investors.[10]

  1. ^ a b "Media Center – Corporate Profile". Axis Bank. Retrieved 26 January 2014.
  2. ^ a b c d e "Axis Bank Ltd. Financial Statements" (PDF). bse.com.
  3. ^ "Inside how Axis Bank integrated Citi's employees within itself efficiently". 14 May 2024.
  4. ^ "Axis Bank Annual Report 2018-2019" (PDF).
  5. ^ "Axis Bank announces financial results for the quarter ended 31st December 2019" (PDF).
  6. ^ "RBI approves appointment of Rakesh Makhija as Chairman of Axis Bank". moneycontrol. Retrieved 5 June 2019.
  7. ^ "Amitabh Chaudhary takes charge". peoplematters. 2 January 2019. Retrieved 2 January 2019.
  8. ^ "Axis Bank Annual Report PDF 2018–19" (PDF), Axix Bank
  9. ^ "Statement showing shareholding pattern of the Promoter and Promoter Group". BSE. Retrieved 8 October 2016.
  10. ^ "Statement showing shareholding pattern of the Public shareholder". BSE. Retrieved 8 October 2016.