Axis Bank
Indian private sector bank / From Wikipedia, the free encyclopedia
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Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra.[8] It is India's third largest private sector bank by assets and fourth largest by market capitalisation. It sells financial services to large and mid-size companies, SMEs and retail businesses.[1]
Company type | Public |
---|---|
ISIN | INE238A01034 |
Industry | Financial services |
Founded | 3 December 1993; 30 years ago (1993-12-03) as UTI Bank |
Headquarters | Axis House, , India[1] |
Number of locations | 5377 (March 2024) |
Key people |
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Products | |
Revenue | ₹137,989 crore (US$17 billion)[2] (2024) |
₹39,356 crore (US$4.9 billion)[2] (2024) | |
₹26,386 crore (US$3.3 billion)[2] (2024) | |
Total assets | ₹1,518,239 crore (US$190 billion)[2] (2024) |
Total equity | ₹155,512 crore (US$19 billion)[2] (2024) |
Owner |
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Number of employees | 104,333[3] (as of March 2024) |
Subsidiaries |
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Capital ratio | 9.35% (December 2019) |
Website | www |
Footnotes / references [5][6][7] |
As of 30 June 2016, 30.81% shares are owned by the promoters and the promoter group (United India Insurance Company Limited, Oriental Insurance Company Limited, National Insurance Company Limited, New India Assurance Company Ltd, GIC, LIC and UTI).[9] The remaining 69.19% shares are owned by mutual funds, FIIs, banks, insurance companies, corporate bodies and individual investors.[10]