UTI Bank has been officially changed to Axis Bank Ltd.Axis Bank is the third largest of the private-sector banks in India offering a comprehensive suite of financial products. The bank has its headquarters in Ahmedabad, Gujarat.
It offers the entire spectrum of financial services large and mid-size corporates, SME, and retail businesses.
As of 30 Jun. 2016, 30.81% shares are owned by promoters & promoter group (United India Insurance Company Limited, Oriental Insurance Company Limited, National Insurance Company Limited, National Assurance Company Ltd, GIC, LIC & UTI).
Remaining 69.19% shares are owned by Mutual Funds Institutions, FIIs, Financial Institutions (Banks), Insurance companies, corporate bodies & individual investors.
Axis BankFounded - 1993 (as UTI Bank)
Headquarters - Ahmedabad, Gujarat
Current Head - Shikha Sharma (MD & CEO)
- Winner in the 'Best Payment Initiatives' category amongst Private Sector Banks, IBA Banking Technology Awards 2015.
- Axis Bank has been featured in Limca Book of Records 2015 for creating a National Record for its campaign - 'Plant a Sapling'.