Axis Bank Ltd is the third largest of the private-sector banks in India offering a axis bank prepaid forex cards suite of financial products. The bank has its head office in Mumbai and Registered office in Ahmedabad.
It has 3304 branches, 14,003 ATMs, and nine international offices. It offers the entire spectrum of financial services large and mid-size corporates, SME, and retail businesses. UTI Bank opened its registered office in Ahmedabad and corporate office in Mumbai in December 1993. The first branch was inaugurated on 2 April 1994 in Ahmedabad by Dr. Manmohan Singh, the Finance Minister of India. In 2004 the RBI put Global Trust into moratorium and supervised its merger into Oriental Bank of Commerce. In 2003 UTI Bank became the first Indian bank to launch the travel currency card.
In 2005, UTI bank got listed on London Stock Exchange. UTI Bank opened its first overseas branch in 2006 Singapore. That same year it opened a representative office in Shanghai, China. UTI Bank opened a branch in the Dubai International Financial Centre in 2007. That same year it began branch operations in Hong Kong.
In 2008 it opened a representative office in Dubai. With effect from July 30, 2007, UTI Bank changed its name to Axis Bank. Axis Bank opened a branch in Colombo in October 2011, as a Licensed Commercial Bank supervised by the Central Bank of Sri Lanka. Also in 2011, Axis Bank opened a representative offices in Abu Dhabi.
In 2013, Axis Bank’s subsidiary, Axis Bank UK commenced banking operations. Axis Bank UK has a branch in London. In 2015, Axis Bank opens its representative office in Dhaka. The average age of an Axis Bank employee is 29 years.