Axis Bank Information

Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture and Retail Businesses. The Bank has a large footprint of 6,275 domestic branches (including extension counters) with 12,796 ATMs & cash recyclers spread across the country. The Bank has 8 Axis Virtual Centres with over 1,500 Virtual Relationship Managers as on 31st March 2026. The Overseas operations of the Bank are spread over seven international offices with branches in Singapore, Dubai (at DIFC), and Gift City-IBU; and representative offices in Dhaka, Dubai, Abu Dhabi and Sharjah. The international offices focus on Corporate Lending, Coverage Business, Trade Finance, Syndication, Investment Banking, Liability Businesses, and Private Banking/Wealth Management offerings. Axis Bank is one of the first new generation private sector banks to have begun operations in 1994. The Bank was promoted in 1993, jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India), Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), National Insurance Company Ltd. (NIC), The New India Assurance Company Ltd. (NIA), The Oriental Insurance Company Ltd. (OIC), and United India Insurance Company Ltd. (UIIC). The shareholding of Unit Trust of India was subsequently transferred to SUUTI, an entity established in 2003. GIC, NIC, NIA, OIC, UIIC have been reclassified from promoter category to public category. With a balance sheet size of Rs. 18,86,850 crores as on 31st March 2026, Axis Bank has achieved consistent growth with a year-on-year growth (2024-25 to 2025-26) of 17% in Total Assets, 19% in Advances and 14% in Deposits.