Axis Bank

Axis Bank is the third largest private sector bank in India offering entire spectrum of financial services for personal & corporate banking. The bank was founded on 3 December 1993 as UTI Bank, opening its registered office in Ahmedabad and a corporate office in Mumbai. It is currently headquartered in Mumbai, Maharashtra, India.

See below for the Latest Axis Bank News, Analysis, Profit Results, Share Price Information, and Commentary.

India’s Axis Bank unveils in-app mobile OTP feature

India’s Axis Bank unveils in-app mobile OTP feature

Instead of text messages, clients can get their OTPs via their app.

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India’s restored risk weights offer modest impact to banks

The move will enhance flow of credit from banks to better-rated NBFCs.

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Axis Bank, Mastercard, launch credit card for business owners

Cardholders will gain access to select airport lounges and are offered travel insurance.

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Six Indian banks’ outlooks revised to positive as economy strengthens

Infrastructure spending will pave the way for robust economic growth, says S&P.

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India’s Axis Bank names central bank ex-deputy governor as non-executive chairman

N.S. Vishwanathan will assume the role on 27 October, pending approval.

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Axis Bank names Nurani Subramanian Vishwanathan as independent director

Vishwanathan has had diverse experiences as a central banker since 1981.

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Axis Bank’s Citi purchase to improve profits long-term: S&P

Positive effects will only be felt starting fiscal year 2025 and onwards.

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Axis Bank to buy Citi’s Indian consumer business for $1.6b

Axis Bank expects to gain more or less 3 million customers.

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