Tuesday, March 2, 2010

Axis Bank Internet banking: detailed information

Axis Bank was the first of the new private Banks in India that started its operation in 1994 after Indian government gave licenses to private banks. Previously known as UTI Bank, it was jointly promoted by the Administrator of the Specified Undertaking of the Unit Trust of India (UTI-I), Life Insurance Corporation of India (LIC), General Insurance Corporation Ltd., National Insurance Company Ltd., The New India Assurance Company, The Oriental Insurance Corporation and United Insurance Company Ltd. In April 2007, the bank changed its name to Axis Bank to avoid confusion with other institutions by the same name. Shikha Sharma was named managing director and CEO of the bank on April 20, 2009.

As on year ending on March 31, 2009, bank had a total income of Rs. 13,745.04 crores and net profit of Rs.1,812.93 crores. On February 24, 2010, Axis Bank announced the launch of “AXIS CALL & PAY on atom,” a mobile payment solution using Axis Bank debit cards. Axis Bank is the first bank in the country to provide a secure debit-card based payment system. Currently, Axis Bank has more than 925 branches and more than 3,900 ATMs.

Axis bank is now focusing on human relations. The bank is now taking the assistance of Cerebrus Consultants and Hewitt, two human resource consultancy firms to reshape its HR strategy.


Axis Bank Limited,

131, Maker Tower – F,

Cuffe Parade,


Mumbai – 400 005.

Tel: (022) 6707 4407

Fax: (022) 2218 1429

For more information visit: http://www.axisbank.com/24x7banking/internetbanking/Internet-Banking.asp

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