Axis Bank

Next one in the list of largest banks in India is Axis Bank with a market cap of ₹2.54 lakh crore. Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian banking and financial services corporation headquartered in Mumbai. It offers financial services to large and mid-sized businesses, as well as SMEs and retail businesses. Axis Bank is the third largest private sector bank in India. Customers in the Large and Mid-Corporate, MSME, Agriculture, and Retail Business sectors receive a comprehensive range of financial services from the bank.

Individuals and small businesses can use the bank's lending services, as well as its liability products, card services, Internet banking, automated teller machine (ATM) services, depository, financial advising services, and Non-resident Indian (NRI) services. Axis Bank offers customers transaction banking products and services such as current accounts, cash management services, capital market services, trade, foreign exchange and derivatives, cross-border trade and correspondent banking services, and tax collections on behalf of the Indian government and various state governments. Through its owned subsidiaries, the bank provides investment banking and trusteeship services.

The Bank's worldwide operations are dispersed across nine international offices, with branches in Singapore, Hong Kong, Dubai, Colombo, and Shanghai, as well as representative offices in Dhaka, Dubai, and Abu Dhabi, and an overseas subsidiary in London, UK. Corporate financing, trade finance, syndication, and liability companies are the focus of the foreign operations. Axis Bank aims is to be the preferred financial services company that excels in customer service delivery through intelligence, empowered staff, and smart technology utilization.

Founded: 1993
Headquarters: Mumbai, India
Website: https://www.axisbank.com/