
Axis Bank

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About Axis Bank

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. The Bank has a large footprint of 4,050 domestic branches (including extension counters) with 11,801 ATMs & 4,917 cash recyclers spread across the country as on 31st March, 2019. The overseas operations of the Bank are spread over nine international offices with branches at Singapore, Hong Kong, Dubai (at the DIFC), Colombo and Shanghai; representative offices at Dhaka, Dubai, Abu Dhabi and an overseas subsidiary at London, UK. The international offices focus on corporate lending, trade finance, syndication, investment banking and liability businesses.
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![]() | ![]() Change Company | ![]() Change Company | ![]() Change Company | |
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Overall Rating | 3.7/5 based on 29.2k reviews ![]() | 4.0/5 based on 43.1k reviews | 3.8/5 based on 45.1k reviews | 3.7/5 based on 19.8k reviews |
Highly Rated for | ![]() No highly rated category | Job security Skill development Work-life balance | Job security Skill development | ![]() No highly rated category |
Critically Rated for | Promotions | ![]() No critically rated category | Promotions | Promotions |
Primary Work Policy | Work from office 79% employees reported | Work from office 91% employees reported | Work from office 84% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.6 Good rated by 6.3k women | 3.9 Good rated by 11.5k women | 3.7 Good rated by 9.7k women | 3.5 Good rated by 4.5k women |
Rating by Men Employees | 3.7 Good rated by 21.7k men | 4.0 Good rated by 29.8k men | 3.9 Good rated by 33.3k men | 3.7 Good rated by 14.7k men |
Job security | 3.6 Good | 4.1 Good | 4.0 Good | 3.6 Good |
Axis Bank Salaries
Deputy Manager

Relationship Officer

Sales Officer

Sales Manager

Assistant Vice President

Relationship Manager

Branch Relationship Officer

Area Sales Manager

Branch Head

Credit Manager

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Minimum Balance Rules: ICICI Bank vs SBI vs Bank Of Baroda vs PNB vs Other PSU Banks — Details Here
- ICICI Bank has raised its minimum average monthly balance requirements for new savings accounts opened on or after Aug. 1. Customers across metro and urban branches now need to maintain Rs 50,000, up from Rs 10,000 earlier.
- Existing customers, salary accounts, Jan Dhan accounts, and basic savings accounts are exempt from the hike. ICICI Bank will penalize customers who fail to maintain the minimum balance with 6% of the shortfall or Rs 500, whichever is lower.
- Other private lenders like HDFC Bank, Axis, and Kotak Mahindra Bank have lower minimum balance requirements compared to ICICI Bank. Meanwhile, PSU banks like SBI, PNB, and Bank of Baroda continue to offer zero-balance savings accounts.
- Public sector banks like Bank of Maharashtra and Union Bank have varied minimum balance requirements for their savings accounts depending on the branch locations, unlike the uniform approach of some private banks.

BlueStone Jewellery Secures ₹693 Crore from Anchor Investors Ahead of IPO Launch
- BlueStone Jewellery & Lifestyle Ltd. secures Rs 693 crore from anchor investors just before its upcoming IPO launch, showing institutional confidence in the company's business model and growth prospects.
- The anchor round allocated 1.34 crore shares to 20 investors at Rs 517 each, with prominent participants including Amansa Holdings Pvt., SBI Life Insurance Co., and Nippon Life India Trustee Ltd. Domestic mutual funds and institutions like Axis Bank and Motilal Oswal also contributed significantly.
- BlueStone's IPO is scheduled from August 11th to 13th, with a price band of Rs 492 to Rs 517 per share. The company aims to raise funds for working capital, expansion plans, and operational efficiency, with book-runners including Axis Capital, IIFL Capital Services, and Kotak Mahindra Capital.
- Founded in 2011, BlueStone operates 275 stores across 117 cities with a strong online and offline presence. Despite revenue growth and increased EBITDA, net losses widened in FY25 due to aggressive expansion. The company's pre-IPO valuation is estimated at around Rs 7,800 crore.

Sports buff, composed banking veteran Rajiv Anand is IndusInd Bank’s new CEO
- Rajiv Anand has been appointed as the new CEO of IndusInd Bank, bringing comfort to investors and stakeholders after the bank faced financial and reputation challenges due to fraud and accounting errors.
- The Reserve Bank of India expedited the approval process for Anand, who met the fit and proper criteria with over 35 years of banking experience, including positions at HSBC, ANZ Grindlays Bank, Standard Chartered Bank, and Axis Bank.
- Anand is described as a composed and methodical leader with a background in trading operations, retail, wholesale banking, and digital banking. He is known for his strategic planning skills and experience in building new businesses.
- As Anand takes on the CEO role at IndusInd Bank, there is speculation whether he will conduct a 'kitchen sinking' exercise, typical when a new chief joins a troubled lender, to address any underlying issues.

Quick Heal warns of surge in ‘digital arrest’ scams
- Quick Heal warns of a surge in 'digital arrest' scams involving fabricated allegations and accurate personal details harvested from large-scale data breaches.
- Scammers exploit fear and familiarity to trick victims into visiting look-alike payment portals, sharing financial details, or installing remote-access tools for full control over devices.
- Quick Heal has developed the AntiFraud.AI platform to intercept such frauds and has advised users not to share personal details during unsolicited communication.
- Axis Bank launches 'Lock FD' feature to prevent digital fraud on fixed deposits, emphasizing the importance of safeguarding financial information.
Axis Bank launches ‘Lock FD’ feature to prevent digital fraud on fixed deposits
- Axis Bank has launched a ‘Lock FD’ feature to prevent digital fraud on fixed deposits.
- Customers can request premature closure of their FD by visiting the branch if they have opted for this feature.
- The feature, available on the bank's mobile app 'open' and in branches, prevents premature closure of FDs through digital channels, like Mobile and Internet Banking, for added cyber-threat protection.
- Customers who lock their deposit will not be able to prematurely close it through digital channels, enhancing security against unauthorized access and digital frauds.
Rajiv Anand appointed as MD, CEO of IndusInd Bank for 3 years
- Rajiv Anand appointed as Managing Director and CEO of IndusInd Bank for a three-year term starting from August 25, 2025.
- Anand previously served as Deputy MD at Axis Bank, leading Wholesale Banking and digital initiatives.
- He has extensive experience in global financial institutions, capital markets, and banking.
- Anand was reported as the top candidate for the role in May 2025.

IndusInd Bank Names Rajiv Anand As MD & CEO With Effect From Aug. 25
- IndusInd Bank has named Rajiv Anand as the new Managing Director and Chief Executive Officer, effective from August 25, for a period of three years.
- The appointment of Rajiv Anand comes after the vacancy left by Suman Kathpalia, who resigned in April amid accounting discrepancies.
- The new CEO contenders included Anup Saha from Bajaj Finance and Rahul Shukla from HDFC Bank.
- Rajiv Anand, a veteran banker, had previously led Axis Bank's wholesale banking business and digital agenda.

Sharpsell.ai secures ₹30 crore Series A led by Equentis Angel Fund
- Sharpsell.ai, a Mumbai-based startup founded in 2022 by Hanuman Kamma and Arun Subramanian, has secured ₹30 crore in Series A funding led by Equentis Angel Fund.
- The company operates a sales playbook automation platform catering to over 100,000 sales representatives in 30 Indian companies, with clients such as LIC, Axis Bank, IDFC First Bank, SBI Life, and others across various sectors.
- Sharpsell.ai's SaaS platform offers sales pitches, personalized content, and coaching tools aimed at enhancing the performance of India's 23 million sales professionals through digitized winning behaviors and real-time coaching capabilities.
- The funding will be used for product enhancement, expanding into Southeast Asia and the MENA region, and tapping into the untapped sales playbook automation segment in India, presenting growth opportunities for the platform.

Last Week’s 11 Fintech Updates You MUST Know in India — July 27th
- Algoquant Fintech secured ₹280 Cr credit line from Axis Bank for expansion.
- Paytm reported ₹27M profit in Q1 FY26, signaling sustainable profitability.
- RBI implements ban on third-party products on digital channels to enhance security.
Nirmal Minda to be new ASSOCHAM President
- Nirmal Minda, the Executive Chairman of Uno Minda, has been appointed as the Senior Vice-President of ASSOCHAM.
- Amitabh Chaudhry, Managing Director & CEO of Axis Bank, is set to be appointed as the Vice-President of ASSOCHAM pending RBI approval.
- Minda brings over five decades of leadership in the auto components sector and has been recognized for his contributions, while Chaudhry has led Axis Bank's transformation with a focus on growth and digital initiatives.
- Both Minda and Chaudhry are expected to play key roles in driving sustainable growth, competitiveness, and innovation as part of ASSOCHAM's agenda.


Axis Bank Subsidiaries

Axis Direct

Freecharge

Axis Finance

Axis Asset Management Company

Axis Trustee Services

AXIS Capital
Axis Bank Offices
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