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Axis Bank In
India
UTI bank changes
its name to AXIS Bank

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Axis Bank India, the first bank to
begin operations as new private banks in 1994 after the Government of
India allowed new private banks to be established. Axis Bank was jointly
promoted 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 Ltd. Also with associates viz. National
Insurance Company Ltd., The New India Assurance Company, The Oriental
Insurance Corporation and United Insurance Company Ltd.
Axis Bank in India today is capitalised with Rs. 282.65 Crores with
57.05% public holding other than promoters. It has more than 574 branch
offices and Extension Counters in the country with over 2428 Axis Bank
ATM proving to be one of the largest ATM networks in the country. It
commits to adopt the best industry practices internationally to achieve
excellence. It has strengths in retail as well as corporate banking.
By the end of June 2007, Axis Bank in India had over 60 lakhs debit
cards. This is the first bank in India to offer the AT PAR Cheque
facility, without any charges, to all its Savings Bank customers in all
the places across the country where it has presence.
With the AT PAR cheque facility, customers can make cheque payments to
any beneficiary at any of its existence place. The ceiling per
instrument is Rs. 50,000/-
The latest offerings of the bank is the Australian Dollar and Canadian
Dollar variants of the international Travel Currency Card along with the
US Dollar, Euro and Pound Sterling variants. The Travel Currency Card is
a signature based pre-paid travel card which enables travellers global
access to their money in local currency of the visiting country in a
safe and convenient way. Along with this the bank has also launched the
credit cards in silver and gold variants which can be accessed in 60
cities across the country.
The bank has also raised its reach to 341 cities, towns and villages.
The bank has the outstanding deposit base of more than Rs. 61,000 crores
with over 65 lakh accounts.
Few milestones of the Axis bank:
| Mar '07
: |
Axis Bank joins hands with IIFCL
to provide leverage for infrastructural projects in the country. |
| Mar '07 : |
AXIS Bank comes up with full
license bank branch in Hong Kong. |
| Feb '07 : |
Finance minister Shri P.
Chidambaram introduces Shriram AXIS Bank Co - Branded Credit
Card especially for Small Road Transport Operators (SRTOS). |
| Aug'06 : |
AXIS Bank holds the position of
being the first Indian Bank to successfully issue Foreign Currency
Hybrid Capital in the International Market. |
| Aug '06 : |
AXIS Bank launches the
beneficial scheme of issuance of "Senior Citizen ID Card"
in collaboration with Dignity Foundation. |
| Dec '05 : |
AXIS Bank adds International
Financing Review (IFR) Asia 'India Bond House' award for the year
2005 in its appreciation record. |
| Jul '05 : |
AXIS Bank and Visa International
launch Mobile Refill facility - Anytime, Anywhere Pre-Paid Mobile
Refill for all Visa Cardholders in India. |
| Mar '05 : |
AXIS Bank gets counted on the
London Stock Exchange, raises US$ 239.30 million through Global. |
Share Capital of Axis Bank
- Authorised Share Capital :Rs. 300
Crores
- Paid Up Share Capital : Rs. 232.86
Crores
Registrars and Share
Transfer Agents of Axis Bank in India
M/s. Karvy Computershare Private Limited,
UNIT :
AXIS BANK LIMITED "Karvy House" 46,
Avenue 4, Street No.1,
Banjara Hills,
Hyderabad - 500 034.
Tel : (040) 2331 2454 / 2332 0251/751/752
Fax: (040) 2331 1968 / 2332 3049
Email: jayaramanvk@karvy.com
Axis Bank India Offices
The Registered Office:
Axis Bank Limited,
"TRISHUL",Third Floor,
Opp. Samartheshwar Temple
Nr.Law Garden, Ellisbridge, Ahmedaabad - 380 006
Email :p.j.oza@axisbank.com, rajendra.swaminarayan@utibank.co.in
The Central Office:
Axis Bank Limited
131, Maker Tower - F,
Cuffe Parade, Colaba,
Mumbai - 400 005.
Tel : (022) 6707 4407
Fax: (022)-2218 6944, 2218 1429
Axis Bank Website
www.axisbank.com
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