Banking Company profiles at provigator.com |  Email This Post | View all Company profiles for Banking 716 views

Axis Bank was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI – I), Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) and other four PSU insurance companies, i.e. National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd. The Bank was set up with a capital of Rs. 115 crore, with UTI contributing Rs. 100 crore, LIC – Rs. 7.5 crore and GIC and its four subsidiaries contributing Rs. 1.5 crore each.

The Bank today is capitalized to the extent of Rs. 358.89 crores with the public holding (other than promoters) at 57.58%.

The Bank’s Registered Office is at Ahmedabad and its Central Office is located at Mumbai. Presently, the Bank has a very wide network of more than 729 branch offices and Extension Counters. The Bank has a network of over 3082 ATMs providing 24 hrs a day banking convenience to its customers. This is one of the largest ATM networks in the country.

The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence.

The Central Office
Axis Bank Limited,
131, Maker Tower – F,
Cuffe Parade,
Colaba,
Mumbai – 400 005.
Tel: (022) 6707 4407
Fax: (022) 2218 1429

Complete list of branches

http://www.axisbank.com