Words of Wisdom:

"Dont ever give up on your hopes" - Bubu

M.F. Hussain

  • Date Submitted: 10/17/2011 05:00 AM
  • Flesch-Kincaid Score: 40.3 
  • Words: 430
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Introduction
Axis 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) and General Insurance Corporation of India (GIC) and other four PSU insurance companies, i.e. National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd.
The Bank as on 31st March, 2011 is capitalized to the extent of ` 410.54 crores with the public holding (other than promoters and GDRs) at 53.60%.
The Bank's Registered Office is at Ahmedabad and its Central Office is located at Mumbai. The Bank has a very wide network of more than 1281 branches (including 169 Service Branches/CPCs as on 31st March, 2011). The Bank has a network of over 6270 ATMs (as on 31st March, 2011) providing 24 hrs a day banking convenience to its customers. This is one of the largest ATM networks in the country.
The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence.

Rajiv Anand, Managing Director & Chief Executive Officer
Karan Datta, National Sales Head
Praveen Bhatt, Head – Operations
Miten Chawda, Head – Compliance & Company Secretary
Chandresh Nigam, Head – Investments
Pankaj Murarka, Fund Manager – Equity
Jinesh Gopani, Assistant Fund Manager – Equity
Sudhanshu Asthana, Assistant Fund Manager – Equity
Ashish Naik, Analyst – Equity
Viresh Joshi, Chief Trader – Equity
R. Sivakumar, Head – Fixed Income & Products
Ninad Deshpande, Fund Manager – Fixed Income
Anurag Mittal, Credit Analyst – Fixed Income

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Shikha Sharma, Chairperson, Associate Director
T S Narayanasami, Independent Director
Pranesh Misra, Independent...

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