Axis Bank

Mumbai, Maharashtra-based Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian banking and financial services organization. It offers financial services to big and small corporations, entrepreneurs, and retail outlets.

As of June 30, 2016, the promoters and the promoter group controlled 30.81% of the shares (United India Insurance Company Limited, Oriental Insurance Company Limited, National Insurance Company Limited, New India Assurance Company Ltd., GIC, LIC, and UTI). Mutual funds, FIIs, banks, insurance providers, business entities, and individual investors collectively control 69.19% of the outstanding shares.

Axis Bank's market capitalization was $31.75 billion as of March 2023. By market cap, this places Axis Bank as the 546th most valuable corporation in the world. The most recent financial reports for Axis Bank show that the company's current revenue (TTM) is $7.39 billion. The company generated $6.46 billion in revenue in 2021, an increase from $5.72 billion in revenue in 2020.

Founded: 3 December 1993
Headquarters: Mumbai, Maharashtra, India
Website: www.axisbank.com