IndusInd Bank Competitors

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 5000 domestic branches (including extension counters) with 15,751 ATMs & cash recyclers spread across the country. The Bank has 6 Axis Virtual Centres with over 1,500 Virtual Relationship Managers as on 31st March 2023. The Overseas operations of the Bank are spread over eight international offices with branches in Singapore, Dubai (at DIFC), and Gift City-IBU; representative offices in Dhaka, Dubai, Abu Dhabi, Sharjah and an overseas subsidiary in London, UK. 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. As on March 31, 2023, SUUTI and LIC are the promoters of the Bank. With a balance sheet size of Rs. 13,17,326 crores as on 31st March 2023, Axis Bank has achieved consistent growth and with a 5-year CAGR (2017-18 to 2022-23) of 14% each in Total Assets & Advances and 16% in Deposits.

The international subsidiaries of Kotak manage a wide range of India investment funds through which overseas investors can invest in India. The Kotak Group has offices in London, New York, Dubai and Mauritius with a branch in Singapore and San Francisco. Investors can access the asset management capability of the international subsidiaries through its India investment funds. Institutional investors can also have their assets managed through separately managed accounts. Range of services Kotak’s international subsidiaries offer asset management services to overseas investors through a range of offshore funds as well as through specific advisory and discretionary investment management mandates from institutional investors. We specialize in providing services to overseas investors seeking to invest in India. Investors can access the asset management capabilities of the international subsidiaries through funds domiciled outside India. The solutions offered by the subsidiaries span major asset classes including listed equity, private entity and real estate. KMUK also handles international issuances of securities of Indian companies. The international business of the Kotak Group operates though the following three subsidiaries: Kotak Mahindra (UK) Limited (KMUK) A 100% subsidiary of Kotak (the parent company), KMUK is one of the first firms of Indian origin to be authorized and regulated by the Financial Services Authority in the United Kingdom. A member of the London Stock Exchange, KMUK is registered with the Securities Exchange Board of India as a Foreign Institutional Investor (FII). KMUK had its registered office in London, with branch offices in Dubai and Singapore. Infact it is the first Indian company to be authorized to operate from its branch in the Dubai International Financial Centre, and is regulated by the Dubai Financial Services Authority. It is also regulated by the Monetary Authority of Singapore.

YES BANK is a leading Indian private sector bank committed to transforming the financial landscape of India. With over 1200 branches nationwide and a dedicated team of YES BANKers, we strive to deliver exceptional banking solutions and empower individuals, businesses and communities to thrive. At YES BANK, we believe in the power of innovation and transparency. Operating in Retail, MSME and Corporate banking sectors, we are a full service bank and offer an extensive range of financial services. We leverage cutting-edge technology & industry insights to meet the evolving needs of our diverse clientele. One in three UPI transactions in the country are processed by YES BANK. Driven by our core values, we aim to build long lasting relationships with our customers and stakeholders. Our robust risk management framework ensures the safety and security of your finances, while our unwavering commitment to sustainability drives us to create a positive impact on society and the environment. We recognize the potential within each person and strive to unlock it through opportunities for growth, learning and innovation. Joining our ranks means joining a vibrant ecosystem of individuals who are passionate about making an impact and shaping the future of banking. Together, let’s create a future where your dreams can flourish and make a lasting impact. Note: YES BANK will NEVER ask you to reveal your User ID or Password. Therefore, never disclose your credentials (User ID, Password, OTP, PIN etc.) to anyone either through mail or over phone. If you receive any mail asking you to update or authenticate your User ID or Password, please DO NOT fall into the trap of putting in your Password or OTP or PIN.