Established in: 1993
CEO & Managing Director: Amitabh Chaudhry
Axis Bank Limited is one of India’s largest multinational banking and financial services companies. It's the third largest private sector bank in India by assets and the fourth largest by market capitalisation. The bank is headquartered in Mumbai.
Axis Bank Limited has a vast network of banks across India and maintains 6,275 branches, 12,796 ATMs and cash recyclers. The bank has around 47% of its branches in the rural and semi-urban regions to cater to its rural customer base.
The bank has seven international offices in Singapore, Dubai, and Gifty City-IBU that focus on Corporate Lending, Coverage Business, Trade Finance, Syndication, Investment Banking, Liability Businesses and Private Banking/Wealth Management offerings. The bank also has representative offices in Dhaka, Dubai, Abu Dhabi and Sharjah.
History of Axis Bank
Axis Bank Limited was established in 1994 as UTI Bank, as part of the Unit Trust of India, which was a Government of India entity. In 1993, the bank was promoted jointly by the Administrators of the Unit Trust of India (UTI), Life Insurance Corporation of India (LIC), General Insurance Corporation, National Insurance Company, and other insurance companies.
The first branch was opened in Ahmedabad on 2nd April 1994 and inaugurated by then Finance Minister of India, Manmohan Singh. Later, the bank was listed on the London Stock Exchange and opened its first overseas branch in Singapore and Shanghai, China, in 2006.
In the following year, the bank opened a branch in the Dubai International Financial Centre and Hong Kong. In July 2007, UTI Bank officially changed its name to Axis Bank Limited.
Business Segments of Axis Bank Ltd
The following are the various business segments of Axis Bank Limited.
Retail Banking
Axis Bank Ltd offer financial services such as personal bank accounts, mortgages, personal loans, home loans, credit cards, wealth management and Non-Resident Indian services to individuals and businesses.
Corporate Banking
Axis Bank Ltd provides financial services such as corporate lending, project appraisals, trade finance, cash management and syndication to large and mid-sized corporations.
Treasure Operations
The treasury division of the bank maintains and manages its investments and regulatory reserve requirements and invests and trades in various securities such as corporate debt instruments, equity, fixed income securities, foreign exchange, and currency (Futures and Options) F&O. The bank also offers a wide range of treasury products and services to corporate customers
Syndication
The bank offers placement and syndication services in the local currency bonds, rupee and foreign term loans. It also offers external commercial borrowing to corporate customers.
Subsidiaries of Axis Bank Ltd
The following are the subsidiaries of Axis Bank Limited.
Axis Capital Ltd.
Axis Capital Ltd was established as a wholly-owned subsidiary of the bank. Some businesses of M/s. Enam Securities Pvt. Ltd. were merged with the subsidiary, and the companies below became the subsidiary of Axis Capital Ltd.
- Axis Securities Ltd. (formerly Enam Securities Direct Pvt. Ltd.)
- Axis Finance Ltd. (formerly Enam Finance Pvt. Ltd.)
- Axis Securities Europe Ltd. (formerly Enam Securities Europe Ltd.)
- Enam International Ltd., UAE (voluntarily dissolved in 2014)
Axis Securities Ltd., Axis Finance Ltd. and Axis Securities Europe Ltd. later became direct subsidiaries of the bank.
Axis Securities Ltd.
Axis Private Equity Ltd.
Axis Mutual Fund
Axis Bank Awards & Recognitions
- Axis Bank Ltd was honoured for governance excellence and innovative financial services.
- The bank was recognised as a leader in digital banking and payments.
- Acclaimed for good asset quality among private banks.
Axis Bank Financial Highlights
- Revenue: Axis Bank reported revenue of ₹1,62,211.95 crore in FY26 vs ₹1,55,916.86 crore in FY25. It showed an increase of 4.04% on a yearly basis.
- Operating Profit: Axis Bank reported an operating profit of ₹32,293.47 crore in FY26 vs ₹36,722.16 crore in FY25. It showed a decrease of 12.06% on a year-on-year basis.
- Net Profit: Axis Bank reported a net profit of ₹26,493.82 crore in FY26 vs ₹28,111.74 crore in FY25. It showed a decrease of 5.76% on a yearly basis.
Axis Bank Quarterly Result Highlights
- Axis Bank reported revenue of ₹43,212.82 crore in Jun 2026, compared with ₹41,142.69 crore in Mar 2026, representing an increase of 5.03% on a quarter-on-quarter (QoQ) basis.
- Axis Bank reported an operating profit of ₹10,161.28 crore in Jun 2026, compared with ₹7,247.19 crore in Mar 2026, representing an increase of 40.21% on a quarter-on-quarter (QoQ) basis.
- Axis Bank reported a profit of ₹7,656.51 crore in Jun 2026, compared with ₹7,631.72 crore in Mar 2026, reflecting an increase of 0.32% on a QoQ basis.
- The earnings per share (EPS) of Axis Bank stood at ₹85.04 during Jun 2026.
