About Axis Bank

Axis Bank, previously called UTI Bank, was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly 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. UTI-I holds a special position in the Indian capital markets and has promoted many leading financial institutions in the country.P J Nayak is its Chairman and Managing Director.

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As on the year ended March 31, 2006 the Bank had a networth of Rs. 2872.19 crores with the public holding (other than promoters) at 56.65%. Net Profit for the year was up 44.98% to Rs 485.08 crores."

  1. Mentioned In 7 Articles

  2. Are Social Networks Feasible for Bfsi?

    CXOtoday.com (Nov 18 2008) Social Networking Explore Article

    ...ith peers since this will be a closed circuit social network site. Pradeep Kumar, VP (treasury) for Axis Bank agreed that executives from the BFSI sector would feel more comfortable sharing information on a si... (Read Full Article)

    Comment on Article Mentions:   Pradeep Kumar   Axis Bank   Central Bank of India

  3. Providence biggest PE player in H1 ’08

    The Economic Times (Jul 20 2008) Explore Article

    ...ed realty projects. Some of the other active PE deal strikers in the first half include Blackstone, Axis Bank(along with its PE arm), De Shaw and Kotak. Last year the more active PE players were: Citigroup, ID... (Read Full Article)

    Comment on Article Mentions:   ICICI Bank   Axis Bank   Carlyle

  4. ‘Vishing’ - Latest Threat to Mobile Subscribers - Your Voice Aids Phishing, Now

    WATBlog.com (Jul 3 2008) Explore Article

    ...er his log in credentials on a fake website that was an exact replica of the Original UTI Bank (now Axis Bank) website. Wikipedia defines phishing as: …the criminally fraudulent process of attempting to acqu... (Read Full Article)

    Comment on Article Mentions:   Axis Bank   UTI Bank

  5. SKS Microfinance ends high growth year on inclusive note

    moneycontrol.com (Jun 11 2008) Explore Article

    ...700 crore from reputed banks like the Small Industries Development Bank of India, Corporation Bank, Axis Bank, Bank of India, Yes Bank, Indian Bank, South Indian Bank, Indian Overseas Bank, HDFC, Citi Bank, HS... (Read Full Article)

    Comment on Article Mentions:   IndusInd Bank   Axis Bank   Sequoia Capital

  6. SKS Microfinance to provide cheap handsets to poor

    PTI - Press Trust of India (Jun 11 2008) Mobile Explore Article

    ...ion among others. It has also raised Rs 1,700 crore from institutions like SIDBI, Corporation Bank, Axis Bank, HDFC, HSBC, Bank of India, Yes Bank, Indian Bank, IndusInd Bank, Karur Vyas Bank (Read Full Article)

    Comment on Article Mentions:   IndusInd Bank   Axis Bank   Sequoia Capital

  7. SKS Microfinance to provide cheap handsets to poor

    chennaionline.com (Jun 11 2008) Mobile Explore Article

    ...ion among others. It has also raised Rs 1,700 crore from institutions like SIDBI, Corporation Bank, Axis Bank, HDFC, HSBC, Bank of India, Yes Bank, Indian Bank, IndusInd Bank, Karur Vyas Bank (Read Full Article)

    Comment on Article Mentions:   Nokia   Columbia Ventures Corporation   Corporation Bank

  8. NXP Pilots RFID Based Mobile Banking In India

    contentSutra.com (Oct 5 2007) Mobile Explore Article

    ...ed this solution include State Bank of India in Uttarakhand, Mizoram and Meghalaya, and Union Bank, Axis Bank, Andhra Bank, State Bank of Hyderabad and Andhra Pradesh Grameena vikas Bank in Andhra Pradesh. R... (Read Full Article)

    Comment on Article Mentions:   State Bank of India   Axis Bank

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