Axis Bank Employee Relations Manager Interview Questions, Process, and Tips

Banks make profits through various sources such as interest income, fees, and investments.

• Interest income from loans and mortgages

• Fees from services like account maintenance, ATM usage, and overdrafts

• Investments in securities and other financial products

• Profit from foreign exchange transactions

Axis currently holds a market penetration of 15% in the industry.

• Axis has a market penetration of 15% in the current industry landscape.

• This indicates that Axis has captured a significant portion of the market share.

• Competitor analysis can provide insights into how Axis compares to other players in the market.

Types of commercial banks include retail banks, corporate banks, and investment banks.

• Retail banks: Serve individual customers and provide services like savings accounts, loans, and mortgages.

• Corporate banks: Focus on providing financial services to businesses, such as loans, credit, and treasury management.

• Investment banks: Specialize in helping companies raise capital through activities like underwriting and mergers

There are two main types of accounts: savings accounts and checking accounts.

• Savings accounts are designed for long-term saving and typically offer higher interest rates.

• Checking accounts are used for everyday transactions and often come with a debit card for easy access to funds.

• Other types of accounts may include money market accounts, certificates of deposit (CDs), and retirement accounts like IRAs and 401(k)s.