Axis Bank

Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra. 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.

Axis Bank Limited
Company typePublic
ISININE238A01034
IndustryFinancial services
Founded3 December 1993 (1993-12-03) as UTI Bank
HeadquartersAxis House, ,
Number of locations
4903 (March 2023)
Key people
Products
Revenue 106,155 crore (US$13 billion) (2023)
33,796 crore (US$4.2 billion) (2023)
10,818 crore (US$1.4 billion) (2023)
Total assets 1,344,418 crore (US$170 billion) (2023)
Total equity 129,356 crore (US$16 billion) (2023)
Owner
Number of employees
91,898 (as of March 2023)
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.
Capital ratio9.35% (December 2019)
Websitewww.axisbank.com
Footnotes / references

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). The remaining 69.19% shares are owned by mutual funds, FIIs, banks, insurance companies, corporate bodies and individual investors.

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