Why Bank change the name UTI BANK TO AXIS BANK

Question

Accepted Answer

UTI Bank changed its name to Axis Bank to reflect its global presence and expansion into various financial services.

UTI Bank wanted to rebrand itself to align with its global presence and expansion.
The name 'Axis Bank' was chosen to represent the bank's multi-dimensional approach and its aim to become a global financial institution.
The rebranding also aimed to differentiate the bank from other banks with similar names.
Axis Bank wanted to create a fresh identity and appeal to a wider customer base.
The name change was accompanied by a new logo and visual identity.
The rebranding process involved extensive market research and consultation with stakeholders.

Accepted Answer

to avoid confusion with other unrelated entities with similar

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