Axis bank

Axis Bank says wealth management business ‘Burgundy’ remains largest in India with combined assets of INR 3.6 trillion

by
A customer enters a branch of Axis Bank in Mumbai

New Delhi, September 12 (Meel Bijendra) – The retail franchise of Axis Bank, India’s third largest private sector lender, delivered strong growth driven by improving deposit quality and higher market share in key businesses. Axis Bank achieved several all-time annual highs by adding 10.8 million new liability relationships in FY23 and achieved record loan disbursements … Read more

India’s Axis Bank executes first onshore INR non-deliverable derivative trade with a South-based domestic corporate client following RBI directives

by
A customer enters a branch of Axis Bank in Mumbai

India’s third largest private sector lender Axis Bank announced on June 8 that Axis Bank has executed its first onshore INR non-deliverable derivative trade with a large domestic corporate client based in the South within the guidelines of the Central Bank. Read Also: Axis Bank acquires Citibank’s Indian retail consumer business for $1.6 billion The … Read more