AXIS BANK LIMITED Company Profile Details at KooCapital.Com – Stock Market News Portal.
Axis Bank Limited engages in the provision of financial solutions to retail, small and medium enterprises, government, and corporate businesses. It operates through the following segments: Treasury, Retail Banking, Corporate or Wholesale Banking, and Other Banking Business. The Treasury segment includes investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the proprietary account and for customers and central funding. The Retail Banking segment constitutes lending to individuals or small businesses subject to the orientation, product and granularity criterion and also includes low value individual exposures not exceeding the threshold limit. It also covers liability products, card services, internet banking, ATM services, depository, financial advisory services and NRI services. The Corporate or Wholesale Banking segment involves in corporate relationships, advisory services, placements and syndication, management of public issue, project appraisals, capital market related and cash management services. The Other Banking Business segment encompasses para banking activities such as third party product distribution and other banking transactions. The company was founded on December 3, 1993 and is headquartered in Mumbai, India.
axis bank limited company operating in Finance Sector and dealing in Regional Banks. axis bank limited is SEBI Listed Company (India) and having:-
ISIN (An International Securities Identification Number): INE238A01034
Equity Stock (National Stock Exchange) Symbol: AXISBANK
NSE Link IS: https://www.nseindia.com/get-quotes/equity?symbol=AXISBANK
BSE Link IS: https://www.bseindia.com/stock-share-price/axis-bank-ltd/AXISBANK/532215/
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, MSME, Agriculture and Retail Businesses.
Ratios Capital Adequacy Ratio – 19.31% Net Interest Margin – 3.59%[1] Gross NPA – 3.44% Net NPA – 0.74% CASA Ratio – 42%
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, MSME, Agriculture and Retail Businesses.
The Bank has a large footprint of 4,528 domestic branches (including extension counters) with 12,044 ATMs & 5,433 cash recyclers spread across the country as on 31st March, 2020. The overseas operations of the Bank are spread over eleven international offices with branches at Singapore, Hong Kong, Dubai (at the DIFC), Colombo, Shanghai and Gift City-IBU; representative offices at Dhaka, Dubai, Abu Dhabi, Sharjah and an overseas subsidiary at London, UK. The international offices focus on corporate lending, trade finance, syndication, investment banking and liability businesses.
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 share holding of Unit Trust of India was subsequently transferred to SUUTI, an entity established in 2003. With a balance sheet size of Rs. 9,15,165 crores as on 31st March 2020, Axis Bank has achieved consistent growth and with a 5 year CAGR (2014-15 to 2019-20) of 15% each in Total Assets, Deposits and Advances.
‘Open’ is more than a sign that hangs on our door. It is a sign of what to expect when you walk in through that door. For your dreams, our eyes are open. For your hopes, our minds are open. And for your plans, we promise to open every possible window of opportunity. We welcome you with all our hearts. You will always find us ‘Dil se open’
Axis Bank stand with [India’s 3rd largest Private Sector Bank]
Company Website: http://www.axisbank.com/
Company Website2: http://www.axisbank.com/
LinkedIn page URL: https://in.linkedin.com/company/axis-bank
Wiki Profile URL: https://en.wikipedia.org/wiki/Axis_Bank
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