Axis Bank Limited

Axis Bank Limited, together with its subsidiaries, engages in the provision of various banking and financial products and services. It operates through four segments: Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business. The Treasury segment is involved in investments in sovereign and corporate debt, and equity and mutual funds, trading operations, derivative trading, and foreign exchange operations, as well as central funding unit. The Retail Banking segment engages in the provision of lending services to individuals/small businesses; liability products, such as savings and current accounts, fixed deposits, recurring deposits, and other deposit options; retail lending products; credit, debit, and forex cards; internet banking, mobile banking, and ATM services; retail term deposits; financial advisory services; non-resident Indians services; bill payment and wealth management services; and distribution of third-party product, such as life and non-life insurance, mutual funds, government bonds, etc. The Corporate/Wholesale Banking segment offers corporate advisory, placements and syndication, project appraisals, loans, current and corporate term deposits, payments, trade finance products, letter of credits, bank guarantees, commercial cards, cash management, project appraisals, and capital market related services. The Other Banking Business segment is involved in para banking activities. It also engages in investments, broking, asset management, and trustee service and payment activities; and operation of MSME digital invoice discounting platform. The company operates branches; ATMs; and recyclers in India. The company was formerly known as UTI Bank Limited and changed its name to Axis Bank Limited in July 2007. Axis Bank Limited was incorporated in 1993 and is headquartered in Mumbai, India.