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.
Company type | Public |
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ISIN | INE238A01034 |
Industry | Financial services |
Founded | 3 December 1993 as UTI Bank |
Headquarters | Axis House, , |
Number of locations | 4903 (March 2023) |
Key people |
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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 |
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Number of employees | 91,898 (as of March 2023) |
Subsidiaries |
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Capital ratio | 9.35% (December 2019) |
Website | www |
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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