Axis Bank

INTRODUCTION
1993: The Bank was incorporated on 3rd December and Certificate of business on 14th December. The Bank transacts banking business of all description. UTI Bank Ltd. was promoted by Unit Trust of India, Life Insurance Corporation of India, General Insurance Corporation of India and its four subsidiaries. The bank was the first private sector bank to get a license under the new guidelines issued by the RBI. 1997: The Bank obtained license to act as Depository Participant with NSDL and applied for registration with SEBI to act as `Trustee to Debenture Holders'. Rupees 100 crores was contributed by UTI, the rest from LIC Rs 7.5 crores, GIC and its four subsidiaries Rs 1.5 crores each. 1998: The Bank has 28 branches in urban and semi urban areas as on 31st July. All the branches are fully computerized and networked through VSAT. ATM services are available in 27 branches. The Bank came out with a public issue of 1,50,00,000 No. of equity shares of Rs 10 each at a premium of Rs 11 per share aggregating to Rs 31.50 cores and Offer for sale of 2,00,00,000 No. of equity shares for cash at a price of Rs 21 per share. Out of the public issue 2,20,000 shares were reserved for allotment on

preferential basis to employees of UTI Bank. Balance of 3,47,80,000 shares were offered to the public. The company offers ATM cards, using which account-holders can withdraw money from any of the bank's ATMs across the country which is interconnected by VSAT. UTI Bank has launched a new retail product with operational flexibility for its customers. UTI Bank will sign a co-brand agreement with the market, leader, Citibank NA for entering into the highly promising credit card business. UTI Bank promoted by India's pioneer mutual fund Unit Trust of India along with LIC, GIC and its four subsidiaries. 1999: UTI Bank and Citibank have launched an international co-branded Credit card. UTI Bank and Citibank have come together to launch an international co-branded credit card under the MasterCard umbrella. UTI Bank Ltd has inaugurated an off site ATM at Ashok Nagar here, taking the total number of its off site ATMs to 13.m

2000: The Bank has announced the launch of Tele-Depository Services for Its depository clients. UTI Bank has launch of `iConnect', its Internet banking Product. UTI Bank has signed a memorandum of understanding with equitymaster.com for e-broking activities of the site. Infinity.com financial Securities Ltd., an e-broking outfit is Typing up with UTI Bank for a banking interface. Geojit Securities Ltd, the first company to start online trading services, has signed a MoU with UTI Bank to enable investors to buy\sell demat stocks through the company's website. India bulls have signed a memorandum of understanding with UTI Bank. UTI Bank has entered into an agreement with Stock Holding Corporation of India for providing loans against shares to SCHCIL's customers and funding investors in public and rights issues. ICRA has upgraded the rating UTI Bank's Rs 500 crore certificate of deposit programmed to A1+. UTI Bank has tied up with L&T Trade.com for providing customized online trading solution for brokers. 2001: UTI Bank launched a private placement of non-convertible debentures to rise up to Rs 75 crores. UTI Bank has opened two offsite ATMs and one extension counter with an ATM in Mangalore, taking its total number of ATMs across the country to 355. UTI Bank has recorded a 62 per cent rise in net profit for the quarter ended September 30, 2001, at Rs 30.95 crore. For the second quarter ended September 30, 2000, the net profit was Rs 19.08 crore. The total income of the bank during the quarter was up 53 per cent at Rs 366.25 crore. 2002: UTI Bank Ltd has informed BSE that Shri B R Barwale has resigned as a Director of the Bank w.e.f. January 02, 2002. A C Shah, formerchairman of Bank of Baroda, also retired from the bank’s board in the third quarter of last year. His place continues to be vacant. M Damodaran took over as the director of the board after taking in the reins of UTI. B S Pandit has also joined the bank’s board subsequent to the retirement of K G Vassal. UTI Bank Ltd has informed that Shri Paul Fletcher has been appointed as an Additional Director Nominee of CDC Financial Service (Mauritius) Ltd of the Bank.And Shri Donald Peck has been appointed as an Additional Director (nominee of South Asia Regional Fund) of the Bank. UTI Bank Ltd has informed that on laying down the office of Chairman of LIC on being appointed as Chairman of SEBI, Shri G N Bajpai, Nominee Director of LIC has resigned as a Director of the Bank.

2002: B Paranjpe & Abid Hussain cease to be the Directors of UTI Bank.UTI Bank Ltd has informed that in the meeting of the Board of Directors following decisions were taken: Mr Yash Mahajan, Vice Chairman and Managing Director of Punjab Tractors Ltd were appointed as an Additional Director with immediate effect. Mr N C Singhal former Vice Chairman and Managing Director of SCICI was appointed as an Additional Director with immediate effect. ABN Amro, UTI Bank in pact to share ATM. UTI Bank Ltd has informed BSE that a meeting of the Board of Directors of the Bank is scheduled to be held on October 24, 2002 to consider and take on record the unaudited half yearly/quarterly financial results of the Bank for the half year/Quarter ended September 30, 2002. UTI Bank Ltd has informed that Shri J M Trivedi has been appointed as an alternate director to Shri Donald Peck with effect from November 2, 2002. 2003: UTI Bank Ltd has informed BSE that at the meeting of the Board of Directors of the company held on January 16, 2003, Shri R N Bharadwaj, Managing Director of LIC has been appointed as an Additional Director of the Bank with immediate effect.- UTI Bank, the private sector bank has opened a branch at Nellore. The bank's Chairman and Managing Director, Dr P.J. Nayak, inaugurating the bank branch at GT Road on May 26. Speaking on the occasion, Dr Nayak said. This marks another step towards the extensive customer banking focus that we are providing across the country and reinforces our commitment to bring superior banking services, marked by convenience and closeness to customers. -UTI Bank Ltd. has informed the Exchange that at its meeting held on June 25, 2003 the BOD have decided the following: 1) To appoint Mr. A T Pannir Selvam, former CMD of Union Bank of India and Prof. Jayanth Varma of the Indian Institute of Management, Ahmedabad as additional directors of the Bank with immediate effect. Further, Mr. Pannir Selvam will be the nominee director of the Administrator of the specified undertaking of the Unit Trust of India (UTI-I) and Mr. Jayanth Varma will be an Independent Director. 2) To issue Non-Convertible Unsecured Redeemable Debentures up to Rs.100 crs, in one or more tranches as the Bank's Tier - II capital. -UTI has been authorized to launch 16 ATMs on the Western Railway Stations of Mumbai Division. -UTI filed suit against financial institutions IFCI Ltd in the debt recovery tribunal at Mumbai to recover Rs.85cr in dues. -UTI bank made an entry to the Food Credit Programme; it has made an entry into the 59 cluster which includes private sector,

a Web site offering money transfer services 2005: . -UTI Bank unveils new ATM in Sikkim.the online trading and procurement joint venture of Tata Steel and Steel Authority of India (SAIL). -UTI Bank ties up with UK govt fund for contract farm in -Shri B S Pandit. Nayak inaugurated a new branch at Nellore. -Banks Chairman and MD Dr. e. P. -UTI Bank launches its first Satellite Retail Assets Centre (SRAC) in Karnataka at Mangalore.6% stake in UTI Bank for .public sector.-UTI Bank opens new branch in Udupi-UTI Bank.has roped in UTI Bank to start off own equipment for Tata Steel.UTI Bank enters into a banc assurance partnership with Bajaj Allianz General for selling general insurance products through its branch network. f. -Shri Ajeet Prasad. nominee of the Administrator of the Specified Undertaking of the Unit Trust of India (UTI-I) has resigned as a director from the Bank wef November 12.I) has been appointed as an Additional Director of the Bank w. Nominee of the Administrator of the Specified Undertaking of the Unit Trust of India (UTI . 2003. January 20. .6 m -UTI Bank installs ATM in Thiruvananthapuram -Launches Remittance Card' in association with Remit2India. 2004. -Unveils pre-paid travel card 'Visa Electron Travel Currency Card' -Allotment of 58923 equity shares of Rs 10 each under ESOP.-UTI bank allots shares under Employee Stock Option Scheme to its employees. J. issue fully subscribed -UTI Bank Ltd has informed that Shri Ajeet Prasad. old private sector and co-operative banks. Geojit in pact for trading platform in Qatar -UTI Bank ties up with Shriram Group Cos -Unveils premium payment facility through ATMs applicable to LIC UTI Bank customers –Metal junction (MJ). 500 mn Unsecured Redeemable Non-Convertible Debenture Issue. 2004: Comes out with Rs. a wholly owned subsidiary of Diebold Incorporated. -DIEBOLD Systems Private Ltd. Nominee of UTI has resigned as the director of the bank. has secured a major contract for the supply of ATMs an services to UTI Bank -HSBC completes acquisition of 14.

.. The Bank was promoted jointly by the Administratorof the specified undertaking of the Unit Trust of India (UTI I). National Insurance Company. 357.49%. Thesis one of the largest ATM networks in the country. the Bank has a very wide network of more than671 branch offices and Extension Counters.The Bank's Registered Office is at Ahmadabad and its Central Office dislocated at Mumbai. i. The New India Assurance Company Ltd. The Oriental Insurance Company Ltd. and United India Insurance Company Ltd. .The Bank today is capitalized to the extent of Rs.2006: -UBL sets up branch in Jaipur -UTI Bank unveils priority banking lounge Axis Bank was the first of the new private banks to have begun operations in1994. Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC)and other four PSU insurance companies. after the Government of India allowed new private banks to be established. Presently.e. The Bank has a network of over 2764 ATMs providing 24 hrs a day banking convenience to its customers.71 core with the public holding (other than promoters) at 57.

Following are the goals of this project:     To understand the strategies of bank. To understand the banking industry. To make an effective advertising campaign. SWOT Analysis & Ratio An alysis) . profit margin. To understand the company’s functions. The second part of the project deals with analysis of Company (Financial Analysis.The first part of the project deals with an overview of company. To suggest ways for improving the market share. This report is divided into various parts according to the objective of theproject: 1. This project is being made in order to understand the position of Axis Bank in India.COMPANY TAG LINE: This project was undertaken to analyze all the sectors of company. to find out t h e position in banking industry and compare it with other major bank i n banking sector. Competitor analysis.2. Industry Analysis.

The Bank has a very wide network of more than 1042 branches (including 56 Service Branches/ CPCs as on June 30. financial advisory services. In the year 2001. card services. Axis Private Equity Ltd. trading operations. retail banking. capital market related services. the bank along with Global Trust Bank (GTB) had a merger proposal to create the largest private sector bank. management of publics issue. product and granularity criterion. The Bank operates in four segments. The Bank's registered office is located at Ahmedabad and their Central Office is located at Mumbai. National Insurance Company Ltd. It also includes liability products. 2010). namely treasury. Retail banking includes lending to individuals/ small businesses subject to the orientation. Internet banking. Axis Trustee Services Ltd. In the year 2003.COMPANY PROFILE AXIS Bank is one of the fastest growing banks in private sector. The Bank was the first private banks to have begun operations after the Government of India allowed new private banks to be established. placements and syndication. corporate advisory services.474 ATMs providing 24 hrs a day banking convenience to their customers. automated teller machines (ATM) services. Axis Asset Management Company Ltd and Axis Mutual Fund Trustee Ltd. The Bank has a network of over 4.I). and cash management services. i. but due to media's issues both the banks withdraw the merger proposal. project appraisals. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI . and non resident Indian (NRI) services. corporate/ wholesale banking and other banking business. Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) and other four PSU insurance companies. and for customers and central funding. The corporate/ wholesale banking segment includes corporate relationships not included under retail banking. equity and mutual funds. This is one of the largest ATM networks in the country. The New India Assurance Company Ltd. Axis Bank was incorporated in the year 1993 with the name UTI Bank Ltd. The Oriental Insurance Company Ltd and United India Insurance Company Ltd.e. the Bank was given the authorized to handle Government transactions such as collection of Government taxes. The treasury operations include investments in sovereign and corporate debt. derivative trading and foreign exchange operations on the account. depository. to . The Bank has five wholly-owned subsidiaries namely Axis Securities and Sales Ltd.

764 to 3. In the year of 2007. they launched their new investment advisory service exclusively for High Net Worth clients. the Bank opened 200 branches taking the total number of branches Extension Counters (ECs) to 1. During the year 2007-08. In December 2008. they opened 831 ATMs. the bank again raised $218. posts. In March 209. the Bank launched their merchant acquiring business.035. In May 2008. which is engaged in trusteeship activities. thereby taking the ATM network of the Bank from 2. . telecom and railways. primarily to carry on the activities of managing equity investments and provide venture capital support to businesses.595. In the year 2005. taking the number of branches to 651 which included 33 extension counters that have been upgraded to branches. Also.3 million through Global Depositary Receipts. 2007 to avoid confusion with other unrelated entities with similar name. they set up Axis Private Equity Ltd. They also opened new overseas offices at Singapore. Also. the Bank raised $239. In December 20003. During the year 2009-10. the Bank set up Axis Asset Management Company Ltd to carry on the activities of managing a mutual fund business. the Bank established Axis Trustee Services Company Ltd as a wholly owned subsidiary company. In January 2009. the Bank opened 143 new branches. the Bank opened 176 new branches that include 12 extension counters that have been upgraded to branches taking the total number of branches and ECs to 835.handle the expenditure related payments of Central Government Ministries and Departments and pension payments on behalf of Civil and Non-civil Ministries such as defence. they expanded overseas with the opening of a branch at the Dubai International Finance Centre. They opened 153 new branches during the year. which includes 43 extension counters that have been upgraded to branches and 8 Service branches/ CPCs. During the year. They won the award 'Outstanding Achievement Award' for the year 2005 from Indian Banks Association for IT Infrastructure. The Bank changed their name from UTI Bank Ltd to Axis Bank Ltd with effect from July 30.67 million through Global Depository Receipts. During the year 2008-09. they incorporated Axis Mutual Fund Trustee Ltd to act as the trustee for the mutual fund business. Also. they opened a Representative Office in Dubai. In October 2006. Dubai and Hong Kong and a representative office in Shanghai. 2010. delivery capabilities and innovative solutions. the Bank set up Axis Securities and Sales Ltd (originally incorporated as UBL Sales Ltd) to market credit cards and retail asset products. In December 2005.

During the year 2010-11. Axis Bank is the first bank in the country to provide a secure debit card-based payment service over IVR. Of these. the Group has 827 branches. The Oriental Insurance Company Ltd.e. a unique mobile payments solution using Axis Bank debit cards. Axis Bank launched the private banking business in the domestic market.. after the Government of India allowed new private banks to be established.390.76 crores with the public holding (other than promoters) at 57.they opened their 1000 branch at Bandra West. Mumbai. trusteeship. The Bank is present in all states and Union Territories (except Lakshadweep) covering 921 centres. the Bank launched the 'AXIS CALL & PAY on atom'. 564 branches/ ECs are in semi-urban and rural areas and 826 branches/ECs are in metropolitan and urban areas. National Insurance Company Ltd.I). Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) and other four PSU insurance companies.595 automated teller machines (ATMs). As on 31-Mar-2009. mergers and acquisitions and private equity syndication. 359. forex. and United India Insurance Company Ltd. The Bank has a very wide network of more than 853 branches and Extension Counters (as on 30th June 2009). i. Axis Bank was the first of the new private banks to have begun operations in 1994. 407 new branches were added to the Bank's network taking the total number of branches and extension counters (ECs) to 1. In September 2009. The Bank today is capitalized to the extent of Rs. . This is one of the largest ATM networks in the country. the Capital Markets SBU was restructured with the debt capital market business (hitherto a part of the capital markets) carved into a separate vertical.The Bank's Registered Office is at Ahmedabad and its Central Office is located at Mumbai. venture capital fund. Commercial banking services which includes merchant banking. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI .79%. The Bank has a network of over 3723 ATMs (as on 30th June 2009) providing 24 hrs a day banking convenience to its customers. In February 24. As a result. direct finance infrastructure finance. the Bank's Capital Markets SBU comprises equity capital markets (ECM) business. treasury and other related financial services. christened 'Privee' to cater to highly affluent individuals and families offering them unique investment opportunities During the year. The New India Assurance Company Ltd. extension counters and 3. advisory. 2010..

000/-. Axis Bank India. With the AT PAR cheque facility. National Insurance Company Ltd.The latest offerings of the bank along with Dollar variant is the Euro and Pound Sterling variants of the International Travel Currency Card. 50.86 Crores with 47. Axis Bank in India today is capitalised with Rs.7 million debit cards. Axis Bank has strengths in retail as well as corporate banking. . Axis Bank India commits to adopt the best industry practices internationally to achieve excellence. Axis Bank offers the entire spectrum of financial services to customer segments covering Large and MidCorporates.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. Agriculture and Retail Businesses. to all its Savings Bank customers in all the places across the country where it has presence. The Travel Currency Card is a signature based pre-paid travel card which enables traveler’s global access to their money in local currency of the visiting country in a safe and convenient way. Axis Bank in India had over 2. Also with associates viz. Axis Bank was jointly promoted 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. The ceiling per instrument is Rs. 232. By the end of December 2004.50% public holding other than promoters.. This is the first bank in India to offer the AT PAR Cheque facility. 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 Axis Bank is the third largest private sector bank in India. SME. The New India Assurance Company. without any charges. customers can make cheque payments to any beneficiary at any of its existence place. It has more than 200 branch offices and Extension Counters in the country with over 1250 Axis Bank ATM proving to be one of the largest ATM networks in the country. the first bank to begin operations as new private banks in 1994 after the Government of India allowed new private banks to be established. The Oriental Insurance Corporation and United Insurance Company Ltd.

Net Profit for the year was up44. Axis Bank is ranked 9th amongst all Indian scheduled banks. The Bank has a network of over 2764 ATMs... Colombo. The shareholding of Unit Trust of India was subsequently transferred to SUUTI. 36% in Total Advances and 45% in Net Profit.139 centres in the country as on 31st December 2012. The Oriental Insurance Company Ltd. 30% in Total Deposits.65%. and United India Insurance Company Ltd. The Bank's Registered Office is at Ahmadabad and its Central Office is located at Mumbai.Dubai and Abu Dhabi. jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India). General Insurance Corporation of India (GIC). Dubai.19 crore with the public holding (other than promoters) at 56. DIFC .Life Insurance Corporation of India (LIC). 2872. the Bank has a very wide network of more than 671 branch offices and Extension Counters.363 ATMs spread across 1.85. Axis Bank is one of the first new generation private sector banks to have begun operations in 1994. The Bank was promoted in 1993.The Bank has a large footprint of 1787 domestic branches (including extension counters) and 10.98% to Rs 485. Presently . Shanghai. The Bank also has 7 overseas branches / offices in Singapore.2. National Insurance Company Ltd. AXIS bank one of the biggest banks in private sector in India. Axis Bank has achieved consistent growth and stable asset quality with a 5 year CAGR (2007-12) of 31% in Total Assets. At the end of April 2008.08 crores. With a balance sheet size of Rs. As on the year ended March 31. Hong Kong. an entity established in 2003. The New India Assurance Company Ltd.628 crores as on 31st March 2012. 2006 the Bank had a net worth of Rs.

empowered employees and smart use of technology Core Values  Customer Centricity  Ethics  Transparency  Teamwork  Ownership Mission  Customer Service and Product Innovation tuned to diverse needs of individual and corporate clientele.VISION AND VALUES Vision 2015 To be the preferred financial solutions provider excelling in customer delivery through insight.  Efficiency and effectiveness built on ethical practices .  Continuous technology upgradation while maintaining human values.  Progressive globalization and achieving international standards.

KAUNDINYA PRASAD MENON CHAIRMAN MD&CEO DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR DIRECTOR ED.R.CORPORATE BANKING MR. RABINDRANATH BHATTACHARYYA LREENA VITTAL Rohith bhagat Som mittal VARADARAJAN SRINIVASAN SOMNATH SENGUPTA ED.PRITHVIRAJ V.CORPORATE CENTER .N.COMPANY MEMBERS DR SANJEEV MISRA SHIKHA SHARMA K.

59 crores.75% US-64 Bonds. 100 Crore. In accordance with the Act.60% ARS Bonds with a Unit Capital of over Rs.Rs. N. 7.5 Crore and GIC and its four subsidiaries contributing Rs. 2002 by the Parliament. with a view to encourage savings and investment. UTI. The Bank was set up with a capital of Rs. to look after and administer the schemes under UTI where Government has continuing obligations and commitments to the investors. who manages assured return schemes along with 6. paving the way for the bifurcation of UTI into 2 entities. the UTI Act. UTI-I and UTI-II with effect from 1st February 2003. which it will uphold . LIC . In December 2002.5 Crore each SUUTI . 1. 115 crore. the Undertaking specified as UTI I has been transferred and vested in the Administrator of the Specified Undertaking of the Unit Trust of India (SUUTI). has been promoted by the largest and the best Financial Institution of the country.Management of Axis bank Promoters: Axis Bank Ltd. The Government of India has currently appointed Shri K. 14167.02%Erstwhile Unit Trust of India was set up as a body corporate under the UTI Act. Prithviraj as the Administrator of the Specified undertaking of UTI. 6.Shareholding 27. with UTI contributing Rs. 1963 was repealed with the passage of Unit Trust of India (Transfer of Undertaking and Repeal) Act. 1963.

Fastest Growing Large Bank Business Today.Best Bank Awards.Best Annual Report-India . India's Fastest Growing Bank. India's Most Consistent Bank        ET Intelligence Group-Best Bank 2009 NDTV Profit Business Leadership Awards 2009 -Best bank Private Sector Forbes Fab 50-The Best of Asia Pacific's Biggest Listed Company FE Best Banks Award-Best New Private Sector bank.Rank 1 Talisma .COMPANY ACHIVEMENTS Awards & Recognitions Following are the recognition received by the Bank during the Year 2009:   Business World .Customer Appreciation Award 2009 D & B Best Bank Awards .Best Bank Awards .India's Best Bank.Best Private Bank Lafferty Award .

The bank attributed the growth to higher interest income. According to Sengupta.70 per cent.25-3. we have finished the year well. or the difference between interest income and interest expense. Sengupta insisted the move was part of the bank’s prudent practice.179 crore.50 per cent in the coming quarters. India’s third largest private sector lender. Our balance sheet has grown 19 per cent.06 per cent. The provision coverage ratio was 79 per cent at the end of March 2013.” said Somnath Sengupta. to Rs 1. . in his post-earnings comments. Net interest margin rose 15 basis points (bps) from a year ago. driven by higher fee income and growth in trading income. While rise in operating expenses was capped at 10 per cent. Net bad loan ratio also swelled by 7 bps to 0. and 13 bps sequentially to 3. savings deposits and retail loans have increased. today said itsnet profit for the quarter ended March 2013 increased 22 per cent from a year ago. up 24 per cent from a year ago. net interest margin would stay in the range of 3. and operating expenses have been kept under control. However. Sengupta expects it to increase by 15-18 per cent. Net interest income. and no significant stress was witnessed on the loan portfolio so far.BUSINESSD FUNCTIONS axis Bank. year-on-year (y-o-y). The private lender’s profit after tax for FY13 also grew by 22 per cent to Rs 5. better margin and lower-than-expected rise in operating expenses.665 crore during the quarter. Other income increased by 26 per cent. was Rs 2. Axis Bank has created a contingent provision of Rs 375 crore to protect itself against sharp deterioration in asset quality.555 crore. growth in non-interest income. “In a challenging environment. executive director of Axis Bank. The bank’s asset quality remained stable with gross non-performing asset ratio rising 12 bps from a year ago to 1.32 per cent. going forward.

966 crore. Deposits increased by 15 per cent to Rs 252. The share of Casa (current account.94 per cent of gross customer assets at the end of the last financial year. driven by 44 per cent growth in retail loans. savings account) deposits was 44 per . to Rs 196. The lender’s restructured loan portfolio was Rs 4.614 crore. y-o-y. The share of retail loans improved to 27 per cent from 22 per cent a year ago.The bank restructured Rs 791 crore loans during the quarter. Advances rose 16 per cent.368 crore or 1.

PRODUCT OF AXIS BANK                       . Easy Access Saving Account Saving Account for Women Prime Saving Account Senior Citizens Saving Account Priority Banking Corporate Salary Account Trust /NGOs Saving Account Resident Foreign Currency Account Online Trading Account Current Account Term Deposits Locker Facilities NRI Services Depository Services Financial Advisory Services Wealth Management Services Insurance Solutions – Life and General Retail Loans Credit Loans Travel Currency Cards Remittance Cards Gift Cards .

ORGANIZATION STRUCTURE OF AXIS BANK .

More number of training and educational programmes should be included in Banks schedule. 15. 3. 3. COMPETETIORS 1.FINDINGS: 1. Number of Branches should be increased covering a wider area in various states. 2. 13. 2.Canara Bank 8. Bank of India Punjab National Bank Central Bank Allahabad Bank ING Vysya Centurion Bank . Bank is having 853 branches all over the country. 14.Andhra Bank 9. 2.IDBI bank 10. 11. 4.HSBC Bank 5.Maharashtra Bank of India 7.State Bank of India 4.RBS (Royal Bank of Scotland) 6. Developing a learning culture through continuous learning process. A wide publicity to be given about the organization and its products through various means of communications to keep growth moments.ICICI Bank Ltd. 12. SUGGESTIONS:1.HDFC Bank Ltd. The number of branches should be increased.

991.80 117.34 0.77 46.230.556.426.00 15.66 5.741.770.185.06 Mar '09 357.71 357.208.597.647.16 7.30 34.00 16.84 Mar '10 359.55 410.97 410.732.00 10.305.68 8.522.267.330.343.00 22.71 2.22 17.626.198.639.92 3.237.661.86 242.17 0.705.80 26.77 6.00 22.21 0.071.83 189.407.556.886.00 9.78 Mar '12 12 mths 12 mths 12 mths 12 mths 12 mths Assets Cash & Balances with RBI Balance with Banks.58 59.88 215.702.14 33.998.01 359.169.67 13.85 Mar '08 Other Liabilities & Provisions 8.19 0.55 158.59 9.643.759.192.419.88 5.250.09 3.588.722.17 0.00 8.00 18.56 104.Balance Sheet of Axis Bank Mar '12 Mar '11 Mar '10 Mar '09 Mar '08 12 mths 12 mths 12 mths 12 mths 12 mths Capital and Liabilities: Total Share Capital Equity Share Capital Share Application Money Preference Share Capital Reserves Revaluation Reserves Net Worth Deposits Borrowings Total Debt 413.214.395.79 0.37 Mar '11 405.133.00 0.49 142.82 2.54 220.70 .11 10.90 109.10 1.175.86 7.854.627.69 87.46 180.27 0.12 55.384.67 254.20 0.469. Money at Call Advances Investments Gross Block 10.00 0.107.583.624.48 127.55 0.67 147.04 93.559.62 3.61 141.49 9.374.505.21 5.104.947.044.20 413.83 71.54 93.300.69 81.26 7.35 1.577.58 0.00 8.473.808.17 405.28 0.974.99 169.00 18.98 9.27 Total Liabilities 285.713.22 5.410.01 1.

15 147.80 462.55 70.400.84 Contingent Liabilities Bills for collection Book Value (Rs) 449.79 1.79 1.647.577.250.428.51 109.12 242.784.45 1.188.48 2.482.99 104.13 .58 35.069.906.93 285.165.713.69 4.50 78.24 3.48 3.176.37 128.87 726.33 794.06 180.015.32 395.41 57.63 57.06 590.39 29.11 64.37 942.569.46 22.99 429.87 551.627.44 16.03 2.04 284.632.95 245.125.895.976.19 57.756.77 296.901.Accumulated Depreciation Net Block Capital Work In Progress Other Assets Total Assets 1.028.745.722.77 6.395.12 2.

82 1.87 Mar '08 21.583.815.638.82 2.13 19.10 0.755.88 7.91 12 mths 12 mths 12 mths 12 mths 12 mths Net Profit for the Year Extraordionary Items Profit brought forward Total Preference Dividend 4.734.07 2.072.994.029.36 0.328.835.00 1.172.502.00 4.00 3.419.53 2.65 5.43 6.21 0.862.00 5.406.177.31 11.49 0.005.917.96 670.61 158.17 2.750.514.47 342.66 Mar '12 8.24 4.87 15.632.976.00 3.53 1.945.53 0.76 1.00 Mar '09 4.242.553.62 0.969.572.77 9.398.42 1.00 1.08 16.00 5.590.98 13.59 8.05 234.368.294.069.81 4.55 0.00 1.454.896.45 Mar '11 6.414.348.90 2.98 0.23 23.00 .420.57 0.87 3.09 4.867.49 2.00 2.815.27 997.443.27 Mar '10 7.388.154.633.66 1.55 2.483.25 952.786.59 289.55 0.94 11.066.03 810.00 1.00 2.22 27.92 0.88 13.427.67 2.23 0.83 188.478.80 10.591.02 3.100.59 3.071.008.369.32 1.684.94 0.00 3.32 2.00 2.Profit & Loss account of Axis Bank Mar '12 Mar '11 Mar '10 Mar '09 Mar '08 12 mths 12 mths 12 mths 12 mths 12 mths Income Interest Earned Other Income Total Income Expenditure Interest expended Employee Cost Selling and Admin Expenses Depreciation Miscellaneous Expenses Preoperative Exp Capitalised Operating Expenses Provisions & Contingencies Total Expenses 13.080.613.255.732.90 2.149.496.11 1.37 7.211.78 15.00 6.88 0.03 0.

77 62.43 0.00 102.00 251.112.50 29.00 567.00 245.54 140.45 3.36 0.969.348.46 0.00 420.94 60.45 0.99 82.07 7.815.553.211.52 2.09 3.369.00 462.67 160.57 100.95 338.00 395.00 420.00 551.00 770.00 284.Equity Dividend Corporate Dividend Tax Per share data (annualised) Earning Per Share (Rs) Equity Dividend (%) Book Value (Rs) Appropriations Transfer to Statutory Reserves Transfer to Other Reserves Proposed Dividend/Transfer to Govt Balance c/f to Balance Sheet Total 770.62 600.98 836.99 50.36 4.23 294.60 -0.92 867.64 0.862.31 567.13 1.45 9.77 6.06 120.07 0.62 0.329.43 4.64 1.87 2.00 670.427.52 0.84 670.01 251.100.10 .

DIVIDENDS DECLARED Announcement Date 25/04/2013 27/04/2012 22/04/2011 20/04/2010 20/04/2009 21/04/2008 17/04/2007 17/04/2006 21/04/2005 29/04/2004 06/05/2003 02/05/2002 05/05/2001 02/05/2000 14/05/1999 14/06/2012 08/06/2011 20/05/2010 14/05/2009 22/05/2008 17/05/2007 16/05/2006 20/05/2005 28/05/2004 09/06/2003 26/06/2002 Effective Date Dividend Type Final Final Final Final Final Final Final Final Final Final Final Final Final Final Final Dividend (%) 180% 160% 140% 120% 100% 60% 45% 35% 28% 25% 22% 20% 15% 12% 10% AGM & Dividend AGM AGM AGM AGM AGM AGM AGM Remarks Rs.18.0000 per share(180%)Dividend .

55 1.277.963.037.28 1. /Disc. on Adv/Bills 4.029.133.67 19.737.83 -1.007.54 258.593.20 from 1.014.163.08 1.00 1.555.178.70 2.303.27 621.88 41.73 41.60 22.898.23 529.52 139.668.22 509.257.54 1. on balances With RBI (d) Others Other Income EXPENDITURE Interest Expended Employees Cost Other Expenses Depreciation Operating Provisions contingencies Provisions Contingencies Exceptional Items P/L Before Tax Tax P/L After Tax And 595.61 -2.270.26 1.34 1.587.335.33 24.42 -1.166.624.736.10 -3.27 Profit before and 2.615.65 77.30 1.02 32.28 -1.799.66 2.153.806.361.914.92 29.40 2.35 -2.35 649.470.84 -1.87 1.27 1.77 (b) Income on Investment (c) Int.382.68 627.51 2.30 577.89 601.84 545.360.37 4.62 .90 1.83 -4.17 4.32 22.898.00 582.62 -4.704.204.01 1.46 1.12 615.896.QUARTERLY RESULTS OF AXIS BANK Mar '13 Dec '12 Sep '12 Jun '12 Mar '12 Interest Earned (a) Int.06 4.15 386.123.65 2.71 -4.55 4.974.347.82 551.42 1.30 1.61 969.56 23.906.51 4.05 1.

42 704.39 34.71 2.73 30.88 27.42 27.03 --- -- -- -- -- 13.16 ----1.88 27.70 1.53 ----1.19 31.56 31.50 2.75 .Ordinary Activities Prior Year Adjustments Extra Ordinary Items Net Profit/(Loss) For the Period Equity Share Capital Reserves Excluding --1. b) Capital Adequacy Ratio Basel –I c) Capital Adequacy Ratio Basel -II -17.15 467.33 1.30 678.24 1.42 27.62 1.94 30.10 0.01 654.94 30.75 34.00 27.11 27.27 413.64 0.99 -13.73 30.275.72 604.091.00 -13.56 31.94 2.06 0.33 1.393.153.66 EPS Before Extra Ordinary Basic EPS Diluted EPS EPS After Extra Ordinary Basic EPS Diluted EPS NPA Ratios : i) Gross NPA ii) Net NPA i) % of Gross NPA ii) % of Net NPA Return on Assets % 2.88 34.06 0.555.22 427.19 31.10 0.73 -12.32 1.806.52 414.191.20 --- Revaluation Reserves Equity Dividend Rate (%) ANALYTICAL RATIOS a) % of Share by Govt.54 414.29 ----1.94 0.11 27.31 1.25 1.123.39 34.347.90 1.30 472.00 27.277.13 1.95 ----1.

00 15.24 22.Number of shares (Crores) -. of shares (as a % of the total sh.Per.64 22.30 37.00 100.Per. of prom. of the -company) b) Non-encumbered . of the 33.Public Share Holding No Of Shares (Crores) Share Holding (%) Promoters Shareholding a) Pledged/Encumbered .00 100.38 100.85 .44 15.47 54. of shares (as a % of the total Share Cap.Number of shares (Crores) 15.30 53. of shares (as a % of the total sh.35 54.77 55.12 57.08 .45 15. of prom.00 100.Per. and 100.18 15.80 22.53 37.96 Promoter Group 23.Per.25 37. of shares (as a % of the total Share Cap. and -promoter group) .00 promoter group) .44 ------------and 27.88 company) 35.

00 160.18.00 120.00 Remarks Rs.Dividend Declared Announcement Date 25-04-13 27-04-12 22-04-11 20-04-10 20-04-09 21-04-08 Effective Date 02-07-13 14-06-12 08-06-11 20-05-10 14-05-09 22-05-08 Dividend Type Final Final Final Final Final Final Dividend (%) 180.00 60.00 140.0000 per share(180%)Dividend - .00 100.

49 0 3.154.55 2.329.47 342.613.976.98 3.67 160 551.95 338.13 19.65 5.07 0 102.45 9.98 0 770.786.87 13.242.21 0 4.112.969.815.496.22 27.478.591.994.328.23 23.072.36 0 82.94 8.92 0 670.388.77 836.43 6.46 0 770.36 4.07 7.77 9.632.Profit of Axis Bank Mar '12 12 mths Income Interest Earned Other Income Total Income Expenditure Interest expended Employee Cost Selling and Admin Expenses Depreciation Miscellaneous Expenses Preoperative Exp Capitalised Operating Expenses Provisions & Contingencies Total Expenses 21.45 Mar '11 12 mths 12 mths Net Profit for the Year Extraordionary Items Profit brought forward Total Preference Dividend Equity Dividend Corporate Dividend Tax Per share data (annualised) Earning Per Share (Rs) Equity Dividend (%) Book Value (Rs) Appropriations Transfer to Statutory Reserves Transfer to Other Reserves Proposed Dividend/Transfer to Govt Balance c/f to Balance Sheet Total 4.211.55 0 5.82 1.90 2.59 289.867.17 2.88 0 6.420.77 6.08 16.734.080.398.92 .84 670.54 140 462.969.59 3.81 4.406.294.414.53 2.99 1.211.24 4.427.815.90 2.172.66 Mar '12 Mar '11 12 mths 15.

The need of the hour is safety and security.wikipedia. In last couple of years they have opened new many branches and they should open many more.google. With the arrival of pink slip solute. people who were spending as though there will no tomorrow have turned savers. And savers are looking much more closing at investment avenues in order to optimize their returns at least risk BIBLIOGRAPHY www.co. but still it remains the first choice of small investor’s because it is synonymic with safe and fixed return giving alternative for investment of savings. fd still remains at the top in the mind of people as a known convenient and reward earning option for investing their hard earned savings. While working in Axis Bank I found that this bank has developed manifold in short period of time due to facilities and services provided to their customer and this growth rate can be keep it up if they start to go in semi-urban areas. Charges at axis bank are on lower side when we compare it with other banks. However falling banks rates have certainly lessen the faith of people in it. In this time of economy slump. high risk is out. The working staff are very co-operative in nature and due to that the bank will also get good benefit.com .rediffmoney.moneycontrol. Recent global economy slowdown has made negative influence on let investor perception of security.com www.in www. Axis Bank has provided their customer Netbanking facilities and due to that transactions are done fast. is outstanding.CONCLUSION My experience with Axis Bank Ltd. where all options of investment lacks the interest of people for one or other reason.com www.

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