Axis Bank

Basic info

http://www.axisbank.com24 Years Old
Mumbai, Maharastra, IndiaBanking
10000+ EmployeesPublic company

About Axis Bank

Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses.

The Bank has a large footprint of 2402 domestic branches (including extension counters) and 12,922 ATMs spread across the country as on 31st March 2014. The overseas operations of the Bank are spread over its seven international offices with branches at Singapore, Hong Kong, DIFC (Dubai International Financial Centre), Colombo and Shanghai and representative offices at Dubai and Abu Dhabi. During the year, the Bank has upgraded its representative office in Shanghai, China to a branch to become the first Indian private sector bank to set up a branch in China. During the year, the Bank’s overseas subsidiary namely Axis Bank UK Ltd. commenced banking operations.

Axis Bank is one of the first new generation private sector banks to have begun operations in 1994. The Bank was promoted in 1993, jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India),Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd. The shareholding of Unit Trust of India was subsequently transferred to SUUTI, an entity established in 2003.

With a balance sheet size of Rs.3,83,245 crores as on 31st March 2014, Axis Bank has achieved consistent growth and stable asset quality with a 5 year CAGR (2010-14) of 21% in Total Assets, 19% in Total Deposits, 23% in Total Advances and 28% in Net Profit. credits:


To be the preferred financial solutions provider excelling in customer delivery through insight, empowered employees and smart use of technology credits:

Axis Bank impact

Branches and extension counters
Average age of an Axis Bank employee

Axis Bank story

The Start
Opened its registered office in Ahmedabad and corporate office in Mumbai.It was formerly called UTI Bank. credits:
Agreed to merge with and amalgamate Global Trust Bank
Agreed to merge with and amalgamate Global Trust Bank, but the Reserve Bank of India (RBI) withheld approval and nothing came of this. In 2004 the RBI put Global Trust into moratorium and supervised its merger into Oriental Bank of Commerce. credits:
Deposits base crosses Rs.10,000 crores
Deposits base crosses Rs.10,000 crores in 2001 credits:
Launched internet banking facility for corporate customers
Launched Corporate iConnect - the internet banking facility for corporate customers credits:
Launched mobile refill facility for all Visa card holders
The Bank and Visa International launched mobile refill facility for all Visa card holders in India credits:
Opened its first overseas branch
Opened its first overseas branch in Singapore. That same year it opened a representative office in Shanghai, China. credits:
Sets up Axis Bank Foundation
Set up the trust and supports supplementary education. Axis Bank contributes up to 1 percent of its net profit annually to various social initiatives undertaken by this foundation credits:
Launched Platinum Credit Card
India's first EMV chip based card- Platinum Credit Card was launched credits:
Buys Enam for Rs 2,067cr
The deal, under which 5.7 shares of the bank were exchanged for each share of Enam, valued the domestic financial services major at Rs 8,333 per share credits:
Opened a branch in Colombo
Opened a branch in Colombo, as a Licensed Commercial Bank supervised by the Central Bank of Sri Lanka. credits:
Sets up SME centres across country
Sets up 6 SME centres and SME cells each across the country, taking the total number to 32 SME Centres. credits:
Awarded Bank of the Year at the Money Today
Awarded Bank of the Year at the Money Today FPCIL Awards 2012-13 credits:
Installed highest number of EDC machines in India
Reached 2 lakh installed EDC machines – the highest for any bank in India credits:
Launched 'eKYC' (electronic Know your customer) facility
Partnered with Visa to launch 'eKYC' (electronic Know your customer) facility, first organization in India to introduce Biometrics based KYC, offering convenience, speed and ease to Aadhaar-registered individuals to open bank accounts credits:
Awarded Best Financial Website
Awarded Best Financial Website by India Digital awards credits:
Voted as Most Trusted Private Sector Bank
Voted for Most Trusted Private Sector Bank in the country in the Most Trusted Brands survey 2013 by Brand Equity. credits:
Commenced banking operations in UK
Axis Bank's subsidiary, Axis Bank UK commenced banking operations. Axis Bank UK has a branch in London. credits:
Launched Mobile Banking App
Launched Mobile Banking App for its retail resident Indian customers the first of its kind in India, which offers a high level of personalization . The App has been launched in partnership with Tagit, a leading Singapore mobile solutions company. The new application uses Tagit's mobility solution platform that enables Banking on-the-go. credits:
Launched Axis Bank - ISIC Forex Card
Axis Bank - ISIC Forex Card for students, is the first photo Travel Currency Card available in USD, Euro, GBP and AUD currencies. It can be used across 34 million merchant locations and at over 2 million MasterCard ATMs globally credits:

Axis Bank products & services

Treasury operations

The Bank’s treasury operation services include investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the account, and for customers and central funding credits:

Retail Banking

In the retail banking category, the bank offers services such as lending to individuals/small businesses subject to the orientation, product and granularity criterion, along with liability products, card services, Internet banking, automated teller machines (ATM) services, depository, financial advisory services, and Non-resident Indian (NRI) services. credits:

Corporate/wholesale banking

The Bank offers to corporate and other organisations services including corporate relationship not included under retail banking, corporate advisory services, placements and syndication, management of public issues, project appraisals, capital market related services and cash management services. credits:

NRI services

Products and services for NRIs that facilitate investments in India. credits:

Business banking

The Bank accepts income and other direct taxes through its 214 authorised branches at 137 locations and central excise and service taxes (including e-Payments) through 56 authorised branches at 14 locations. credits:

Investment banking

Bank’s Investment Banking business comprises activities related to Equity Capital Markets, Mergers and Acquisitions and Private Equity Advisory. The bank is a SEBI-registered Category I Merchant Banker and has been active in advising Indian companies in raising equity through IPOs, QIPs, and Rights issues etc. credits:

Lending to small and medium enterprises

Axis Bank SME business is segmented in three groups: Small Enterprises, Medium Enterprises and Supply Chain Finance. Under the Small Business Group a subgroup for financing micro enterprises is also set up. credits:

Agriculture banking

759 branches of the Bank provide banking services, including agricultural loans, to farmers. credits:

Advisory Services

It have been developed to advise public and private sector clients on capital structuring and funding options with a view to help the clients to help them reduce the cost of funds. credits:

Ping Pay

It is a multi-social payment solution that let customers to transfer funds using their smart phones to both Axis Bank accounts and other banks' account holders. credits:

Axis Bank Reviews


Axis Bank Purnea Review

AnonymousManager - Market Research / Consumer Insights / Industry AnalysisWorked for 2.4 years
I have worked at Axis Bank till less than a month back for 2.4 years. My job profile was Manager - Market Research / Consumer Insights / Industry Analysis. I was working with Axis Bank at their Purnea office.
Overall work
Generally speaking my work is enjoyable
In my work, I have to travel within the city
Work days
Monday to Saturday
Work timings
9:30 AM to 5:30 PM
Overall job satisfaction
Work-Life balance
Attitude of collegues
Skill development
Office ambience
free transport

Axis Bank Interview questions


Axis Bank Manager - biu interview

Takkallapalli NishanthFresherSelected
I was interviewed on-campus at IIT Madras for Manager - biu role at Axis Bank in Dec, 2016
Interview Process
Test Technical + HR Interview
Round 1


2 Hours
Test Sections
  • Section 1: QUANTS
  • Section 2: VERBAL
Interview Experience
Any CAT aspirant can easily solve the quants and verbal section but the competency based section requires tons and tons of patience. there were many questions and most of them were video based questions, i.e you are supposed to watch the video and later answer which is the most apt solution for the scenario in the video.
Interview Tips
Do the basic CAT questions and you will easily clear the round. and also try to be patient while solving the competency based questions and i can assure you that it will be a quiet tedious section
Round 2

Technical + HR Interview

Interview Questions
  • Question 1: tell me about yourself?
  • Question 2: Your strengths and weaknesses?
  • Question 3: guesstimate
Interview Experience
My interview was pretty peaceful. interviewer gave me option to choose any project of my interest(which i have done) and asked me to explain about it. I was talking about it for 10 mins non-stop (i think they were impressed by this) and later they asked me a simple guesstimate. THE END!!!
Interview Tips
Be thorough with your resume. You must be knowing in and out about it and try to fill your resume with stuff related to analytics otherwise you are gonna bore them. They will check whether you are able to express yourself freely, so try to be as calm as possible. And for the guesstimate try to go through the guesstimate thread available in Quora (thats what i did) and that should be enough

Skills Tested

  • Presentation Skills
  • Guesstimation Cases
Read Full post...

Axis Bank team

V Srinivasan

Executive Director
Past: Managing Director and Head of Markets-J. P. Morgan, RBI, Fixed Income Money Market and Derivatives Association of India (FIMMDA)Education : MBA-IIM C, B.E-Anna UniversityLocation: Mumbai

Sanjeev K Gupta

Executive Director (Corporate Centre) & Chief Financial Officer
Past:Education : MBA- Faculty of Management Studies, M.Com -University of RajasthanLocation: Mumbai

Shikha Sharma

Managing Director and Chief Executive Officer
Past: Managing Director & CEO-ICICIEducation : PGD-National Centre for Software Technology, MBA- IIM A, BA- Lady Shri Ram College for WomenLocation: Mumbai

Sanjiv Misra

Past: Secretary- Ministry of Finance, Government of India, Member-Committee on Fiscal ConsolidationEducation : PhD-Jawaharlal Nehru University, MS- Harvard Kennedy School, MA- Delhi School of EconomicsLocation: Mumbai

K. N. Prithviraj

Past: Chairman and Managing Director-Oriental Bank of Commerce, United Bank of India, Punjab National BankEducation : MA- Madras UniversityLocation: Mumbai

V. R. Kaundinya

Past: Managing Director and CEO- Advanta Ltd, ABLE, Association of Seed Industry (ASI), Crop Life India, Managing Director- Cyanamid India, Hoechst IndiaEducation : MBA- IIM ALocation: Mumbai

Axis Bank office photos

Mumbai Office

( 5 photos )

Axis Bank amusing facts

  1. 1
    The recycling initiative under the Green Banking banner by Axis Bank has helped the bank productively use around 21572 kilograms of dry waste during the year 2012-13 credits:
  2. 2
    The Axis Bank's corporate office in Mumbai is designed and constructed as a Platinum LEED-Certified Green Building credits:
  3. 3
    Axis Bank has the largest ATM network among private banks in India and it 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. credits:
  4. 4
    The bank was the first private sector bank to get a license under the new guidelines issued by the RBI credits:
  5. 5
    It became the first Indian Private sector bank to set up a branch in China in 2014. credits:
  6. 6
    It became the first Indian Bank to successfully issue Foreign Currency Hybrid Capital in the International Market in 2006 credits:
  7. 7
    It became the first Bank in the world to reach $2 billion loading on prepaid Travel CurrencyCards in 2012 credits:

Axis Bank office locations

Mumbai Office
Axis Bank Limited, Corporate Office, Bombay Dyeing Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai - 400 025
400 025

Ahmedabad Office
Axis Bank Limited, "TRISHUL", Third Floor, Opp. Samartheshwar Temple, Nr. Law Garden, Ellisbridge, Ahmedabad - 380 006
380 006

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