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[26], The bank offers lending services to individuals and small businesses, along with liability products, card services, Internet banking, automated teller machines (ATM) services, depository, financial advisory services, and Non-resident Indian (NRI) services. The following year, UTI bank was listed on the London Stock Exchange. The sales and securities business, including the retail broking business of Axis Capital Ltd, was merged with ASL on 25 May 2013. [31] The representative office at Dhaka was inaugurated during the current financial year. Axis Bank partnered with Visa Inc. to launch the 'eKYC' facility, and was the first organization in India to introduce biometrics-based KYC. @/i, failureMessage: "A valid email address is required", negate: "true"});var dom2 = document.querySelector('#form1783 #field2');var field2 = new LiveValidation(dom2, {validMessage: "", onlyOnBlur: false, wait: 300});field2.add(Validate.Presence, {failureMessage:"This field is required"});var dom5 = document.querySelector('#form1783 #field5');var field5 = new LiveValidation(dom5, {validMessage: "", onlyOnBlur: false, wait: 300});field5.add(Validate.Custom, {against: function(value) {return !value.match(/(telnet|ftp|https?):\/\/(?:[a-z0-9][a-z0-9-]{0,61}[a-z0-9]\.|[a-z0-9]\. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Axis Bank now allows e-KYC to open account", "Axis Capital (India) Company Profile: Acquisition & Investors | PitchBook", "Axis Bank acquires FreeCharge for Rs 385 crore", "2010 Asian Awards for excellence: By country", "Axis Bank named Bank of the Year:'The Banker, "The winners of first Money Today FPCIL Awards", "MCX-SX presents CNBC TV18's *'India Best Banks and Financial Institutions Awards 2012, "IBA Awards for Innovation in Banking 2013", "Banking Technology Excellence Awards 2014–15", "Bank of Baroda and HDFC Bank Limited win top honours at the Dun & Bradstreet Polaris Financial Technology Banking Awards 2014 Dun & Bradstreet releases study on Indias Top Banks 2014", "Outlook Money Awards 2015: The Winning Set", "Economic Times Most Promising Brands 2015 unveiled | Best Media Info, News and Analysis on Indian Advertising, Marketing and Media Industry", Chartered Bank of India, Australia and China, Mercantile Bank of India, London and China, Structured Financial Messaging System (SFMS), https://en.wikipedia.org/w/index.php?title=Axis_Bank&oldid=996511284, Companies listed on the Bombay Stock Exchange, Companies listed on the London Stock Exchange, All Wikipedia articles written in Indian English, Articles with unsourced statements from December 2020, Articles with unsourced statements from January 2020, Creative Commons Attribution-ShareAlike License, Specified Undertaking of Unit Trust of India (SUUTI) (4.68%), Axis Securities Ltd. (formerly Enam Securities Direct Pvt. The Principal Economics Tutor is Mr. Edmund Quek who is a highly experienced and well sought after economics tutor in Singapore. [20], Axis Bank has the largest ATM network among private banks in India. I would like to receive Nasdaq communications related to Products, Industry News and Events.You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy. At the current stock price of $50.83, the dividend yield is 3.31%. [19], As of 12 August 2016, the bank had a network of 4,094 branches and extension counters and 12,922 ATMs. Ltd.), Axis Finance Ltd. (formerly Enam Finance Pvt. These symbols will be available throughout the site during your session. Axis Bank offers personal loans up to Rs. After the new commitment from the three investors, the overall size of the 'master fund' has touched USD 2.34 billion and NIIF also announced the final close of the master fund. The customer may wish to get in touch with the bank’s customer care department for various reasons like … [21][22] It even operates an ATM at one of the world's highest sites at Thegu, Sikkim at a height of 4,023 meters (13,200 ft) above sea level. The first branch was inaugurated on 2 April 1994 in Ahmedabad by Manmohan Singh, then finance minister of India. It looks like AXIS Capital Holdings Limited (NYSE:AXS) is about to go ex-dividend in the next 3 days. [42][43] The product offers loans from ₹100,000 (US$1,400)–₹1.5 million (US$21,000) in small towns (population less than 1 million) and up to ₹2.8 million (US$39,000) in larger towns (population over 1 million), to customers with family incomes of ₹8,000 (US$110)–₹10,000 (US$140) per month and above. Axis Bank Limited is an Indian private sector bank headquartered in Mumbai, Maharashtra. Consequently, penalties of ₹50 million (US$700,000) on Axis Bank, ₹45 million (US$630,000) on HDFC Bank, and ₹10 million (US$140,000) on ICICI Bank were imposed by the Reserve Bank of India. Axis Asset Management Company Ltd., the formal name of Axis Mutual Fund, is the mutual fund investment wing of Axis Bank, the 3 rd largest private bank in India. In 2004, the RBI put Global Trust under moratorium and supervised its merger with Oriental Bank of Commerce. [8] It sells financial services to large and mid-size companies, SMEs and retail businesses. © 2021, Nasdaq, Inc. All Rights Reserved. The Allied Powers, led by Great Britain, the United States, and the Soviet Union, defeated the Axis in World War II. Zacks Investment Research reports AXS's forecasted earnings growth in 2020 as -142.59%, compared to an industry average of -11.6%. [1], 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). [18], On 1 January 2019, Amitabh Chaudhry took over as MD and CEO. [39][40][41], Asha home loans targets first-time home buyers in the lower-income segment. Accident & Health. [13], In 2001 UTI Bank agreed to merge with Global Trust Bank, but the Reserve Bank of India (RBI) withheld approval and the merger did not take place. APE manages investments, venture capital funds and offshore funds. Axis Trustee Services Limited is engaged in trusteeship activities, acting as a debenture trustee and as a trustee to various securitization trusts. [49], 2016 Demonetisation related money laundering, "Axis Bank Consolidated Profit & Loss account, Axis Bank Financial Statement & Accounts", "Axis Bank Consolidated Balance Sheet, Axis Bank Financial Statement & Accounts", "Axis Bank announces financial results for the quarter ended 31st December 2019", "RBI approves appointment of Rakesh Makhija as Chairman of Axis Bank", "Statement showing shareholding pattern of the Promoter and Promoter Group", "Statement showing shareholding pattern of the Public shareholder", "Uday Kotak: Now, wait for the next Big Thing", "SUUTI money belongs to UTI investors and not to the government by enforcing the l", "Axis Bank: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of Axis Bank - NDTVProfit.com", "India's Axis Bank seeks Gulf expansion with branch in Sharjah", https://www.livemint.com/Companies/kHWbcToVD2OSRnDNXVqGeP/UTI-Bank-is-now-Axis-Bank.html, "Axis Bank launches its first overseas subsidiary", "Shikha Sharma retires as Axis Bank MD & CEO, Amitabh Chaudhry to succeed", "AXIS BANK ANNOUNCES FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE 2019", "Axis Bank inaugurates 10,000th ATM at Akurdi, Pune", "Axis Bank Continues to be the largest ATM network provider", "Axis Bank enters Bangladesh, opens representative office in Dhaka", "Axis Bank to open for business in Britain", "RBI's list of Banks participating in NEFT", "Transaction banking huge focus for Axis Bank", "IDBI Trust, Kotak AMC, LIC among top entities holding $7 billion pledged shares of India Inc", "Axis Bank to scale up global banking operations", "Axis Bank opens its representative office in Dhaka to strengthenits International presence", "RBI penalises Axis Bank, HDFC Bank and ICICI Bank", "Demonetisation: ED arrests 2 bank managers for laundering", "Axis Bank ties up with Amazon, Visa to help startups in India", "Axis Bank first in India to launch innovation lab, Thought Factory", "Zone Startups selected by Axis Bank to run Fintech Accelerator", "Axis Bank launches home loan scheme for lower income group", "Axis Bank launches 30-year 'affordable housing' loan to lower income segment", "Get eKYC Verified Online By Aadhaar Card in 2 Minutes | Mutual Funds", "Have an Aadhaar card? The sales and securities business, including the retail broking business of Axis Capital Ltd, was merged with ASL on 25th May 2013. Axis Bank is in the forefront in adapting to these changes in the Auto Loan space and providing digital solutions to its partners and customers, while also enhancing customer satisfaction. AXIS poaches Beazley exec to lead London MGA growth 21-02-2017 AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings, has bolstered its global renewable energy business by hiring two additional underwriters from Aon and Aviva. [citation needed], Axis Bank acquired Freecharge, a digital marketplace for financial services in 2017 for approximately ₹385 crore. The repayment tenure can range between 12 to 60 months, which the customer can choose as per his/her convenience. A cash dividend payment of $0.42 per share is scheduled to … When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.. ASL is a wholly-owned subsidiary of the Bank and is in the business of marketing retail asset products, credit cards and retail broking. )+)$)/i, failureMessage: "A valid email address is required"});field1.add(Validate.Format, {pattern: /\.\.|\. )+[a-z]{2,63}/i);}, failureMessage: "Value must not contain any URL's"});field5.add(Validate.Presence, {failureMessage:"This field is required"});field5.add(Validate.Length, {tooShortMessage:"Invalid length for field value", tooLongMessage: "Invalid length for field value", minimum: 4, maximum: 4});function handleFormSubmit(ele) { var submitButton = ele.querySelector('input[type=submit]'); var spinner = document.createElement('span'); spinner.setAttribute('class', 'loader'); submitButton.setAttribute('disabled', true); submitButton.style.cursor = 'wait'; submitButton.parentNode.appendChild(spinner); return true; }function resetSubmitButton(e){ var submitButtons = e.target.form.getElementsByClassName('submit-button'); for(var i=0;i

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