Axis Bank was formed as UTI when it was incorporated in 1994 when Government of India allowed private players in the banking sector. The bank was sponsored together by the administrator of the specified undertaking of the Unit Trust of India, Life Insurance Corporation of India (LIC) and General Insurance Corporation ltd. and its subsidiaries namely National insurance company ltd., the New India Assurance Company, the Oriental Insurance Corporation and United Insurance Company Ltd. However, the name of UTI was changed because of the disagreement on terms and conditions of the bank authority over certain stipulations including royalty charged over the name from UTI AMC. The bank also wanted to have a new name from its pan-Indian as well as international business perspective. So from July 30, 2007 onwards the UTI bank was named as Axis Bank.
Axis Bank opened in 1994, shortly after private banks were allowed in India. It is now the third-largest private bank in India.
Chairman of Axis bank is Dr Adarsh Kishore.
yes axis is the semi - government bank
Yes. Axis Bank is a scheduled bank in India under Private Sector Banks category.
Shri.sk.chakrabarti is the managing director(md) of axis bank and ceo of axis bank.dr.r.h.patil is the deputy managing director (dmd)
Axis Bank opened in 1994, shortly after private banks were allowed in India. It is now the third-largest private bank in India.
Axis Bank is not a nationalized bank.
when uti bank was converted into axis bank?
FULL FORM OF AXIS BANK
Axis Bank's population is 21,640.
Axis Bank was created in 1994.
when was axis bank started
What is the Sort Code for Axis Bank in UK
Chairman of Axis bank is Dr Adarsh Kishore.
yes axis is the semi - government bank
What is the Sort Code for Axis Bank in UK
AXIS