Axis Bank
एक्सिस बैंक
Axis Bank is India's third-largest private sector bank, founded in 1994 as UTI Bank. Serving millions of customers with banking and financial services across India with annual revenues exceeding $10 billion.
Key facts
- Founded 1994 as UTI Bank, renamed Axis Bank in 1998
- Headquarters: Mumbai, India
- India's third-largest private sector bank
- Serves 50+ million customers
- Annual revenue exceeds $10 billion USD
- Subsidiaries: Axis Securities, Axis Capital, Axis Bank Bharat
Details
Axis Bank Limited is one of India's leading private sector banks and a major provider of banking and financial services. Established in 1994 as UTI Bank and renamed Axis Bank in 1998, the bank has grown into a modern, customer-focused banking institution. Axis Bank serves millions of retail and corporate customers providing deposit accounts, loans, credit products, investment services, and wealth management.
Axis Bank pioneered several banking services in India including new technology adoption and customer service standards. The bank operates subsidiaries including Axis Securities for investment banking and Axis Capital for insurance services. Axis Bank has expanded internationally with subsidiaries in United Kingdom, Dubai, and other locations. The bank is known for its technology adoption, including digital banking platforms and mobile banking services.
With 50+ million customers and annual revenues exceeding $10 billion, Axis Bank is a major player in India's private banking sector. The company is focused on digital transformation, retail expansion, and strengthening corporate banking services. Axis Bank's success demonstrates competitive strength in India's private banking sector. The company's commitment to customer service, technology innovation, and financial inclusion continues positioning it as a leader in India's banking and financial services sector.