Axis Bank, an Indian One of the biggest private sector bank. Know more about the owner of Axis Bank and more organization information.Axis Bank, the 3rd largest private sector bank in India. Axis Bank provides the best in class financial services to its clients through Extended and Mid-Corporates, MSME, Agriculture and Retail Businesses.
About the owner of Axis Bank
Owner of Axis Bank Limited
Axis Bank, incorporated in the year 1993. Henceforth, promoted simultaneously by confined Pursuit of Unit Trust of India (SUUTI), General Insurance Corporation of India (GIC), The Oriental Insurance Company Ltd, Life Insurance Corporation of India (LIC), National Insurance Company Ltd., The New India Assurance Company Ltd., and United India Insurance Company Ltd. Meanwhile, it happened with the shareholding of Unit Trust of India subsequently transferred to SUUTI.
The bank headquartred in Mumbai and Registered office located in Ahmedabad. The owner of Axis Bank is not an individual person.
In general, significant shares of Axis Bank possessed by SUUTI, Life Insurance Corporation of India (LIC), National Insurance Company Ltd., General Insurance Corporation of India (GIC), The Oriental Insurance Company Ltd, The New India Assurance Company Ltd., and United India Insurance Company Ltd.
Dr. Sanjiv Misra, current Director & Non-Executive (Part-time) Chairman of Axis Bank. Sanjiv Misra graduated in Economics from St.Stephen’s College, Delhi. Moreover, qualified with a Master’s degree in Economics, a Master’s degree in Public Administration and also a Ph.D. Dr. Misra happened to be a member of the Indian Administrative Service for more than 35 years during which he managed extensive key positions in the Federal and state governments. Certainly, the Gujarat Industrial Development Corporation posted him as Managing Director and also the assignments for the Government of India were handled by him at senior levels in the Cabinet Office, the Ministry of Petroleum and further in the Ministry of Finance.
CEO of Axis Bank
Shikha Sharma, popular Managing Director and CEO of Axis Bank. Shikha entered the premises of Axis Bank as an employee in 2009. Where she focused on molding Axis Bank into a Bank comprising strengths required for the complete range of Corporate and Retail Banking outputs. Mrs. Sharma possesses more than 3 decades of involvement in the financial sector. Ultimately, she started her banking career with ICICI Bank in 1980. Shikha, held in encouraging ICICI Securities–a joint undertaking between ICICI and JP Morgan. In addition several various group businesses like investment banking and retail finance for ICICI. Before Axis Bank, the experience of working as Managing Director & CEO for the Insurance Company ICICI Prudential Life Insurance Company made her a valuable asset to financial institutes. Eventually, built and contributed exceptionally to make it the number 1 private sector Life Insurance Company in India. After her continuous work Axis Bank reached the highest non-performing assets acquisition over 300%. This happened within 3 years of her leadership.
It is expected that Shikha Sharma will tenure out by the end of 2018.
Details of the Company
Full Information about the Axis Bank India
Reputably, Axis Bank holds to be one of the 1st new generation private sector banks. They commenced their operations in 1994. After all, the bank has a great trail of 3,304 domestic branches and 14,163 ATMs over the country as on the date 31st March 2017. In effect, over 9 international offices are paved by Axis Bank for the overseas activities with branches spread over Singapore, Hong Kong, Dubai, Colombo and even in Shanghai. Further Axis Bank has set up arm offices at Dubai, Abu Dhabi, Dhaka and an overseas subsidiary in London, UK.
In fact, Deepika Padukone, one of the Bollywood Film Industry actress is the brand ambassador of Axis Bank.
Finally, under the NRI Services scheme, the Bank supplies a complete line of banking and investment products for all the Indians who are living and working in overseas. By the end of 2015- 2016 financial fear, the Bank’s complete NRI deposits (Savings Bank + Term Deposits) reached to Rs.43,425 crores. It is recorded for a 6% growth every year. In addition, the Bank proposes a range of forex and transmittals products to its retail customers. The services include travel currency cards, traveler’s cheques, inward and outward wire transfers, and also the foreign currency notes. Moreover, the transmittal facilities through online portal as well as in assistant with acquaintance banks, exchange houses, and money transfer operators are provided by the Axis Bank.
Owner of Axis Bank -Wiki – Logo – profile
The Bank has five wholly-owned subsidiaries namely :
Axis Securities and Sales Ltd.
Private Equity Ltd.,
Axis Trustee Services Ltd
Asset Management Company Ltd
Axis Mutual Fund Trustee Ltd.
Axis Bank India Limited customer care
Full List of contact customer care of Axis Bank India
Tollfree Number: 1800-419-5959 – Your Account Balance is your phone.