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Indian Business. As of 31 March 2024, the bank had a network of 5,377 branches and extension counters, 16,026 ATMs and cash recyclers. [22] Axis Bank has the largest ATM network among private banks in India.
Axis Bank is India’s third largest private sector bank, with a vast retail footprint of over 11,000+ ATMs and 4,000+ branches across the country.
Corporate Profile. 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.
We are third largest private sector bank in India offering entire spectrum of financial services for personal & corporate banking.
Amitabh Chaudhry is an Indian banker, and the managing director (MD) and chief executive officer (CEO) of Axis Bank, the third largest private sector bank in India. He joined Axis in January 2019, after heading HDFC Life Insurance for nine years.
UCO Bank, formerly United Commercial Bank, is an Indian public sector bank, and financial services statutory body headquartered in Kolkata. UCO Bank is the 10th largest public sector bank in India by total asset and ranked 1948 in Forbes Global 2000 list of year 2018 & ranked 80 on the Fortune India 500 list in 2020. [4]
Apr 20, 2020 · Axis Bank (NSE:AXISBANK) 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. 1
Category: Private sector banks in India.
Net Interest Income grew 12% YOY and 3% QOQ, Net Interest Margin at 4.05%. Fee income grew 16% YOY, granular fee constituted 93% of overall fees, Retail fee grew 18% YOY. Core Operating revenue up 14% YOY, Operating cost growth moderated to 11% YOY & declined sequentially, Q1FY25 Net profit at ` 6,035 crores, up 4% YOY.
5 days ago · Axis Bank’s gross non-performing assets ratio, a key gauge of lenders’ asset quality, rose to 1.54% at the end of June from 1.43% in the previous quarter, indicating deterioration. The bank, in an exchange filing, attributed this to higher credit costs due to seasonality and lower recoveries. Net interest margin (NIM), a key gauge of profitability, shrunk to 4.05% from 4.10% last year, and 4.06% in the previous quarter.
