Mumbai, India
Axis Bank, founded in 1994, is a leading institution in the Financial Services sector, headquartered in India. Recognized for its slogan, "We are #DilSeOpen," the bank distinguishes itself as the third largest private sector bank in India, providing a comprehensive range of financial services across diverse customer segments, including Large and Mid-Corporates, MSME, Agriculture, and Retail Businesses.
The institution has established a significant domestic presence with 5000 branches and 15,751 ATMs & cash recyclers, alongside 6 Axis Virtual Centres. Its international footprint extends across eight offices, focusing on Corporate Lending and Wealth Management. The bank boasts a robust balance sheet of Rs. 13,17,326 crores as of March 31, 2023, with steady growth and a 5-year CAGR of 14% in Total Assets & Advances and 16% in Deposits.
Axis Bank recently attracted a INR 37.00 billion Post-IPO Secondary investment in December 2023, backed by major investors like Goldman Sachs, Fidelity International, and Government Pension Fund Global. This, aligned with the bank's consistent performance, presents a compelling opportunity for investors seeking exposure to the dynamic Indian banking sector.
Family Bank Ltd
