Axis Bank Ltd - Company Profile
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Axis Bank Ltd (Axis Bank) is a provider of personal and business banking, and other related financial solutions. Personal banking includes accounts, deposits, cards, loans, investment solutions, NRI services, and agriculture and rural banking. Business banking comprises corporate accounts, corporate loans, capital market services, trade and forex; and treasury services such as foreign exchange, derivatives trading, and equity and mutual funds. The bank also provides insurance solutions for life, health, travel, motor, and commercial purposes. It serves individuals, corporates, SMEs, government, and NRI clients. It operates in India, the UK, Bangladesh, Singapore, and the UAE. Axis Bank is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
Bombay Dyeing Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai, Maharashtra, 400025
Website
www.axisbank.com
Telephone
91 22 24252525
No of Employees
91,898
Industry
Financial Services
Ticker Symbol & Exchange
AXISBANK (NSE)
Revenue (2022)
$13.5B
22.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-23.4%
(2022 vs 2021)
Market Cap*
$38.8B
Net Profit Margin (2022)
XYZ
-37.6%
(2022 vs 2021)
* As of and is in US$
Axis Bank Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts: | Personal Banking: |
| Savings | Digital Payments |
| Salary | Online Forex |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In April, the bank introduced the Axis Bank Shoppers Stop Credit Card. |
| 2024 | Regulatory Approval | In April, the bank secured approval from the Competition Commission of India to acquire a stake in Max Life Insurance Company Ltd. |
| 2024 | New Products/Services | In March, the bank launched a digital US dollar fixed deposit for NRI customers at the IFSC Banking Unit (IBU) in GIFT City, Gujarat. |
Competitor Comparison
| Key Parameters | Axis Bank Ltd | State Bank of India | Canara Bank | Bank of Baroda | Punjab National Bank |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Bangalore | Mumbai | New Delhi |
| State/Province | Maharashtra | Maharashtra | Karnataka | Maharashtra | Maharashtra |
| No. of Employees | 91,898 | 235,858 | 84,978 | 77,244 | 104,118 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Amitabh Chaudhry | Chief Executive Officer; Managing Director; Director | Executive Board | 2019 | 58 |
| Puneet Sharma | Chief Financial Officer; Group Executive | Senior Management | 2020 | - |
| Anoop Manohar | Chief Marketing Officer | Senior Management | 2021 | - |
| Ganesh Sankaran | Group Executive - Wholesale Banking Coverage | Senior Management | 2019 | - |
| Sumit Bali | Head - Retail Lending; Group Executive | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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