A PROJECT REPORT ON

WORKING CAPITAL MANAGEMENT OF AXIS BANK

In partial fulfillment for the award of the degree of

Master of Business Administration

SUBMITTED BY
Ramesh kumar jha
System Id- 2016010768

SUBMITTED TO
Prof. Ashish Saxena

SHARDA UNIVERSITY

KNOWLEDGE PARK 3, GREATER NOIDA, UP

OCTOBER, 2017
 DECLARATION

I hereby declare that this project report entitled “Axis Bank ” has been carried out under the
guidance of …………… and submitted to Sharda University in partial fulfillment of MBA
degree.

I further declare that this project report is a result of my own efforts and that it has not been
submitted in part of or in full of to any other Universities or Institution for the award of any
degree.

........................................

Name: Ramesh kumar jha

Date: April, 2018

Place: Sharda University

System id:-2016010768

Exam Roll No. : 160251169

 ACKNOWLEDGEMENT

In the today rapid changing world, the financial sector plays an important role in the economic
development of the country, more in the context of developing nation. Hence I’m thankful to
Sharda University for providing us the opportunity to allow us to prepare report.

It’s my great pleasure to perform the practical activities in the Apex body of the financial
institution i.e. Axis Bank. The completion of the report has been possible only because of the
appreciated support of many people. I benefited immeasurably from their knowledge suggestion
and feedback. I express my sincere gratitude to Mr ……………….., bank manager for
supervising me throughout my research period.

I am very grateful to all the staffs of Axis bank, ………. Branch who gave me their valuable time
in guiding me throughout the research period and helped me in preparing the final report.

I would like to appreciate and acknowledge my other faculty for providing me an opportunity
and also helping me in conducting a research and a field work at ‘Axis Bank ’ as partial
fulfillment of my MBA program at Sharda University. It was a great educational as well as
practical learning experience to conduct such research work.

Finally, I appreciate all of them who have become a part of this report. This page is dedicated to
those people who have contributed a lot in successfully completing the final report.
 TABLE OF CONTENTS

Topics Page N.

Certificate from college

Declaration

Acknowledgement

Abbreviations

List of chart

CHAPTER ONE INTRODUCTION

1.1 Background of the study

1.1.1 Objectives of the study

1.1.2 Limitation of the study

1.2 Meaning of Bank

1.3 Introduction of Axis Bank

1.4 Mission/ Vision and Aims

1.5 Organizational Structure

1.6 Board of Directors

1.7 Major services provided by Axis Bank

1.8 Goals and Objectives of research report

1.9 Background of Internship

1.10 SWOT Analysis

CHAPTER TWO LITERATURE REVIEW

CHAPTER THREE RESEARCH METHODOLOGY

Research methodology

CHAPTER FOUR DATA PRESENTATION AND ANALYSIS

Analysis of survey data

Findings from analyzed data
Result of survey
CHAPTER FIVE SUMMARY CONCLUSION AND SUGGESTION

3.1 Summary

3.2 Conclusion

3.3 Recommendations

Bibliography of References

Appendix- Questionnaire
 CHAPTER ONE

INTRODUCTION

Axis Bank Ltd is the third largest of the private-sector banks in India offering a comprehensive
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. The bank
employs over 55,000 people and had a market capitalization of ₹1.28 trillion (US$20 billion) (as
on March 31, 2017). 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, New India 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 among others.
History

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. UTI Bank began its operations in 1993,
after the Government of India allowed new private banks to be established. The Bank was
promoted in 1993 jointly by the Administrator of the Unit Trust of India (UTI-I), Life Insurance
Corporation of India (LIC), General Insurance Corporation, National Insurance Company, The
New India Assurance Company, The Oriental Insurance Corporation and United India Insurance
Company.

In 2001 UTI Bank agreed to merge with and amalgamate Global Trust Bank, but the Reserve
Bank of India (RBI) withheld approval and nothing came of this. 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.[12]

With effect from July 30, 2007, UTI Bank changed its name to Axis Bank.[13]

Axis Bank opened a branch in Colombo in October 2011, as a Licensed Commercial Bank
supervised by the Central Bank of Sri Lanka.[14] Also in 2011, Axis Bank opened a
representative offices in Abu Dhabi.[15] In 2011, Axis bank inaugurated Axis House, its new
corporate office in Worli, Mumbai.[16]

In 2013, Axis Bank's subsidiary, Axis Bank UK commenced banking operations. Axis Bank UK
has a branch in London.[17]

Deepika Padukone, a Mumbai Film Industry (a.k.a. Bollywood ) actress is the brand ambassador
of Axis Bank.[18]

In 2015, Axis Bank opens its representative office in Dhaka.[19]

The bank has over 50,000 employees (as of 31 March 2016). The bank incurred ₹26.7
billion (US$410 million) on employee benefits during the FY 2012–13.[20] The average age of an
Axis Bank employee is 29 years.[21] The attrition rate in Axis Bank is approx. 9% per year.[22]