SEAT NO:___________ 

 
A Project Report On
Axis Bank
Project submitted for
Partial fulfilment of degree of
bechelor of business administration
Semester-VI
Submitted by:
Jainam B Kapasi
Roll no:33
Submitted to:
Nisha Stanley
THE KPES COLLEGE
BHAVNAGAR 

MAHARAJA KRISHNAKUMARSINHJI BHAVNAGAR UNIVERSITY

BHAVNGAR
 
 
 
 
 THE KPES
COLLEGE
(Affiliated to Maharaja Krishnakumarsinhji
Bhavnagar University)

BACHELOR OF BUSINESS
ADMINISTRATION
DEPARTMENT

CERTIFICATE

This is to certify that the project entitled Axis Bank PVT

LTD is submitted by Jainam B Kapasi in partial fulfillment of the

requirement for the award of the degree Bachelor of Business

Administration of THE KPES COLLEGE for the academic year

2022-2023.

I/c Principal Project Guide Class Teacher

DHARMESH PARMAR NISHA STANLEY NISHA

STANLEY

Date :
Place :
 ACKNOWLEDGEMENT

I wish to place on record my deep sense of appreciation to all those who made this project Come
into existence and guide me from the start to finish. I express my sincere gratitude to the institution
of THE KPES COLLEGE, BHAVNAGAR.

I would like to thank Mr. DHARMESH PARMAR, principal of THE KPES

COLLEGE,BHAVNAGAR for giving me the opportunity to prove my caliber by submitting this
project report.

I am grateful to Mrs. NAZNEEN SHAIKH, Head of Department of Management Studies, THE

KPES COLLEGE and Bhavnagar for her support in the formatting and completion of this project.

I am indebted to my guide Mrs NISHA STANLEY for his support from the beginning till
completion of this study.

NAME: Jainam Kapasi

BHAVNAGAR
 INTRODUCTION

Axis Bank is the third largest private-sector banks in India offering a

comprehensive suite of financial products. Axis Bank was incorporated in
the year 1993 with the name UTI Bank Ltd. Axis Bank is one of the first
new generation private sector banks to have begun operations in 1994. The
bank has its head office in Mumbai, Maharashtra. It has 3,703 branches,
13,814 ATMs, and nine international offices. The bank employs over
55,000 people and had a market capitalization of 1.31 trillion (US$18
billion) (as on March 31, 2018). It sells financial services to large and mid-
size corporates, SME, and retail businesses.

Axis Bank operates in four segments, namely treasury, retail banking,

corporate/wholesale banking and other banking business. The treasury
operations include investments in sovereign and corporate debt, equity and
mutual funds, trading operations, derivative trading and foreign exchange
operations on the account, and for customers and central funding.
Retail banking includes lending to individuals/small businesses subject to
the orientation, product and granularity criterion. It also includes liability
products, card services, Internet banking, automated teller machines (ATM)
services, depository, financial advisory services, and non-resident Indian
(NRI) services.

The corporate/wholesale banking segment includes corporate

relationships not included under retail banking, corporate advisory services,
placements and syndication, management of publics issue, project
appraisals, capital market related services, and cash management services.

As of 30 Jun. 2016, 30.81% shares are owned by promoters and promoter

group (United India Insurance Company Limited, Oriental Insurance
Company Limited, National Insurance Company Limited, New India
Assurance Company Ltd, GIC, LIC and UTI). The remaining 69.19%
shares are owned by mutual funds, FIIs, banks, insurance companies,
corporate bodies, and individual investors among others.
 WHAT IS BANKING?

Banking is a business of accepting deposits and lending money. it is

carried out by financial intermediaries, which perform the functions of
safeguarding deposits and providing loans to the public. In other words,
banking means accepting for the purpose of lending or investment of
deposits of money from public repayable on demand and can be withdrawn
by cheques draft order and so on.

Banking system is a principal mechanism through which the

money supply of the country is created and controlled. The banking system
enables us to understand commercial banks, secondary banks, central
banks, merchant bank or accepting houses and discount houses but to
exclude the saving banks and investment and other intermediaries.
 DIFFERENCE BETWEEN PUBLIC & PRIVATE SECTOR BANK:

 Public sector banks are those where majority of the stake in the bank is held
by Government. Where as in private sector bank, majority is held by
shareholders of the bank.

 SBI is a public sector bank and AXIS is a private sector bank.

 Both type of bank offer same services, however charges differ and so as the
quality and time duration for the services provided. One can also see the
difference between interest rates.
 LOGO OF AXIS BANK:

BRAND AMBASSADOR:
Deepika Padukone, a Bollywood Actress was appointed as the brand
ambassador of Axis Bank.
 TAGLINE OF AXIS BANK:

“Badhti ka naam zindagi.”

 AXIS BANK

Type Private
as BSE: 532215 LSE: AXBC
NSE: AXISBANK
Industry Banking, Financial services
Founded 1990 (as UTI Bank) Headquarters
Mumbai, Maharashtra, India Key
people Amitabh Chaudhry (MD & CEO)
Website www.axisbank.com

Amitabh Chaudhry- MD & CEO of Axis Bank

1. COMPANY PROFILE

Axis Bank is the third largest private sector bank in India. The Bank
offers the entire spectrum of financial services to customer segments
covering Large and Mid-Corporates, MSME, Agriculture and Retail
Businesses.

With its 3,882 domestic branches (including extension counters) and

12,660 ATMs across the country as on 30th September 2018, the network of
Axis Bank spreads across 2,211 cities and towns, enabling the Bank to reach
out to a large cross-section of customers with an array of products and services.
The Bank also has ten overseas offices with branches at Singapore, Hong
Kong, Dubai (at the DIFC), Shanghai and Colombo; representative offices at
Dubai, Abu Dhabi, Dhaka and Sharjah and an overseas subsidiary at
London, UK.

Axis Bank is one of the first new generation private sector banks to
have begun operations in 1994. The Bank was promoted in 1993, jointly by
Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit
Trust of India), Life Insurance Corporation of India (LIC), General
Insurance Corporation of India (GIC), National Insurance Company Ltd.,
The New India Assurance Company Ltd., The Oriental Insurance
Company Ltd. and United India Insurance Company Ltd. The
shareholding of Unit Trust of India was subsequently transferred to
SUUTI, an entity established in 2003.
 MANAGEMENT OF AXIS BANK

Promot
ers:
Axis Bank Ltd. has been promoted by the largest and the
best Financial Institution of the country, UTI. The Bank was set up with a
capital of Rs. 115 crore, with UTI contributing Rs. 100 Crore, LIC - Rs. 7.5
Crore and GIC and its four subsidiaries contributing Rs. 1.5 Crore each
SUUTI - Shareholding 27.02%Erstwhile Unit Trust of India was set up as a
body corporate under the UTI Act, 1963, with a view to encourage savings
and investment. In December 2002, the UTI Act, 1963 was repealed with
the passage of Unit Trust of India (Transfer of Undertaking and Repeal)
Act, 2002 by the Parliament, paving the way for the bifurcation of UTI into
2 entities, UTI-I and UTI-II with effect from 1st February 2003.

In accordance with the Act, 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), who manages assured
return schemes along with 6.75% US-64 Bonds, 6.60% ARS Bonds with a
Unit Capital of over Rs. 14167.59 crores. The Government of India has
currently appointed Shri K. N. Prithviraj as the Administrator of the
Specified undertaking of UTI, to look after and administer the schemes
under UTI where Government has continuing obligations and commitments
to the investors, which it will uphold.
 ACHIEVEMENTS OF THE COMPANY

1. Mobile Banking Initiative of the Year - India, Asian Banking and

Finance (ABF) Retail Banking Awards 2015.

2. Advertising Campaign of the Year- India, Asian Banking and

Finance (ABF) Retail Banking Awards 2015.

3. Axis Bank has been awarded the title of Super brand 2014-2015, by
Super brands.

4. No.1 Promising Banking Brand of 2015, ET Best Brands 2015.

5. Best Corporate Payment Project- The Asian Banker Technology

Implementation Award 2015.

6. Best HR System Project -The Asian Banker Technology

Implementation Award 2015.

7. The Compliance Risk Technology Implementation of the Year -The

Asian Banker Risk Management Awards 2015.

8. Axis Bank felicitated at CNBC Awaaz Act for Good Governance

Summit 2015.

9. Winner in the 'Best Payment Initiatives' category amongst Private

Sector Banks, IBA Banking Technology Awards 2015.
10. Runners up in the 'Technology Bank of the Year' category amongst
the Private sector Banks, IBA Banking Technology Awards 2015.

CORPORATE SOCIAL RESPONSIBILITY

Axis Bank Foundation

Axis bank has set up this trust in 2006 and supports supplementary
education. Axis bank contributes up to 1% of its net profit annually to
various social initiatives undertaken by this foundation. During the year
2011-12,the foundation has partnered with 36 NGOs for educating and
special kids in 13 states.

Green Banking
The recycling initiative under the green banking banner has helped the bank
productively use around 21572 kilograms of dry waste during the year. The
axis bank’s corporate office in Mumbai is designed and constructed as
platinum LEED certified green banking.
3. COMPANY HISTORY

Axis Bank began its operations in 1994, 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-1). Life Insurance
Corporation of India (LIC), General Insurance Corporation Ltd, National
Insurance Company Ltd, the new India Assurance Company, The Oriental
Insurance Corporation and united in the Indian capital market and has
promoted, any leading financial institutions India insurance company. The
unit trust of India holds a special position in the country.

Axis bank (erstwhile UTI bank) opened its registered office in Ahmadabad
and corporate office in Mumbai in December 1993. The first branch was
inaugurated on 2nd April 1994 in Ahmadabad by Dr. Manamohan Singh,
the finance minister of India.

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.

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. The next year
it opened a representative office in Dubai.

Axis bank opened a branch in Colombo in October 2011, as a licensed

commercial bank supervised by the central bank of Srilanka. Also in 2011,
Axis bank opened representative offices in Abu Dhabi. In 2013, Axis Bank’s
subsidiary, Axis Ban UK commenced banking operations. Axis bank UK
 has a branch in London.In 2014, Axis bank upgraded its representative
office in shanghai to a branch.

1994-1997
1. Incorporated as UTI Bank, headquarter in Mumbai.
2. First branch inaugurated at Ahmadabad.
3. Completes first profitable year in operations in 1995
4. Deposit crosses Rs.10bn mark in 1996.

1998-2000
1. Successfully completes its IPO in 1998 and gets itself listed on NSE
and BSE
2. Cash management services as well as credit card launched.
3. Profit crosses Rs.500m in 2000.
4. Launches Internet Banking module, I Connect retail loans introduced.
5. Financial advisory services and e-commerce introduced.
6. Second largest ATM network in the country with 200ATM’s.

2001-2005
1. Private placement of 26% stake to CDC capital partner.
2. Deposit crosses Rs100bn mark in 2001, advances crosses Rs.50bn.
3. First commercial bank to open an ATM at a post office.
4. Crosses the 1000 ATM mark in 2003.
5. Gets listed on the London Stock Exchange, raises $239.3m.
 2006-2008
1. Open its first international branch in Singapore.
2. Opens Representative office in Shanghai.
3. Crosses the 2000 ATM mark in 2006.
4. Opens a Full License Bank Branch in Hong-Kong.
5. Re-brands itself as Axis Bank.
6. Axis Bank launches Platinum Credit Card, India's first EMV chip
based card.

2010-2012
1. Axis bank acquires 4 percent stake in Max New York Life.
2. Axis Bank launches online trading platform Axis Direct.
3. Axis Bank has launches pre-paid VISA card i.e. MY MONEY CARD.
4. Axis Bank opens new representative office in Abu Dhabi
5. Axis Bank partners with NIIT IFBI to introduce PG Diploma in
Retail Banking.
6. Axis Bank, Axis Capital, joined hands with Baird, an international,
employee-owned financial services firm, to offer investment banking
services.
 2013
1. Axis Bank launches unique product ‘Empower Home Loans’ for
self- employed.
2. Axis Bank launches new and improved 'Senior Privilege Savings
Account'.
3. Axis Bank launches ‘Axis Bank- ISIC Forex Card’ for Students.
4. Axis Bank launches DREAM HOME FESTIVAL 2013 in Bengaluru.

2014
1. Axis Bank, the first Indian Private sector bank to set up a branch
in China.
2. Axis Bank launches ‘Asha Home Loans’.
3. Axis Bank launches e - surveillance facility at ATM locations.
4. Axis Bank opens its first 'All Women Branch' at Patna, Bihar.

2015

1. Axis Bank, India’s third largest private sector bank.

2. Axis Bank, Suvidha Infoserve join to introduce pre-paid card

Launch of the Display variant Debit Card for its NRE customers.

3. Offer electronic signature facility to its customers Axis Bank and

Vistara join hands to introduce cobranded credit card.
4. PRODUCT PROFILE OF AXIS BANK

1. Accounts-

 Saving Account.
 Current Accounts.
 Salary Accounts.
2. Deposits-

 Fixed Deposit.
 Tax Saver Fixed Deposit.
 Fixed Deposit Plus.
 Recurring Deposit.
3. Loans-

 Home Loan.
 Personal Loan.
 Car Loan.
 Gold Loan.
 Loan Against Securities.
 Loan Against Property.
 Loan Against Fixed Deposit.
4. Cards-  Commercial Vehicle Loan.

 Credit Cards.
 Debit Cards.
5. Investment-
 Prepaid Cards.

 Gold
 Silver
 Mutual Funds.
 Demit Accounts.
 8% Saving Bonds.
6. Insurance-  IPO Smart.
 Public Provident Fund.
 Alternate Investment Products.

 Life Insurance.
 Health Insurance
 Home Insurance.
 Travel Insurance.
 Motor Insurance.
 Business Guard.
 Pradhan Mantri Suraksha Bima Yojana.
 Max Life Pradhan Mantri Jeevan Jyoti Bima Yojana.
 About Our Insurance Partnership.

AXIS BANK PROVIDES “ATM” FACILITIES

Balance Enquiry.
Cash Withdrawal.
PIN Change.
Mini Statement.
VISA Money Transfer.
Money Transfer Between Linked
Accounts. Request For A New
Chequebook.
Mutual Fund Payment.

Insurance Premium
Payments. Register For SMS
Banking.
1. LITERATURE REVIEW
1. Manish Mittal and Arunna Dhademade (2005) they found that higher profitability
is the only major parameter for evaluating banking sector performance from the
shareholder’s point of view. It is for the banks to strike a balance between commercial
and social objectives. They found that public sector banks are less profitable than
private sector banks. Foreign banks top the list in terms of net profitability. Private
sector banks earn higher non-interest income than public sector banks, because these
banks offer more and more fee based services to business houses or corporate sector.
Thus there is urgent need for public sector banks to provide such services to stand in
competition with private sector banks.

2. I.M. Pandey (2005): An efficient allocation of capital is the most important

financial function in modern times. It involves decision to commit the firm's funds to
the long term assets. The firm’s value will increase if investments are profitable and
add to the shareholder’s wealth. Financial decisions are important to influence the
firm’s growth and to involve commitment of large amount of funds. The types of
investment decisions are expansion of existing business, expansion of new business
and replacement and modernization. The capital budgeting decisions of a firm has to
decide the way in which the capital project will be financed. The financing or capital
structure decision. The assets of a company can be financed either by increasing the
owners claims on the creditors’ claims. The various means of financing represent the
financial structure of an enterprise.

3. Medhat Tarawneh (2006) financial performance is a dependent variable and

measured by Return on Assets (ROA) and the intent income size. The independent
variables are the size of banks as measured by total assets of banks, assets
management measured by asset utilization ratio (Operating income divided by total
assets) operational efficiency measured by the operating efficiency ratio (total
operating expenses divided by net income)

4. Vasant desai (2007): The Reserve Bank of India plays a very vital role. It is known
as the banker’s bank. The Reserve Bank of India is the head of all banks. All the
money formulations of commercial banks are done under the Reserve Bank of India.
The RBI performs all the typical functions of a good central bank as it is involved in
planning the economy of the country. The main function is that the RBI should
control their credit. It is mandatory for the Bank to maintain the external value of the
rupee. Major function is that it should also control the currency.

5. K. C. Sharma (2007) Banking has entered the electronic era. This has been due to
reforms introduced under the WTO compliances. Private sector banks have been
permitted to open their shops in the country. These banks are either foreign or
domestic banks with foreign partnerships. Some of them have been set up by
Development Financial Institutions in order to embrace concept of universal banking,
as practiced in advanced countries. The private sector on the other hand have began
their high tech operations from the initial stage and made the elite of the country to
taste the best banking practices that happens in the western countries. They have
foreseen the digital world and have seen the emerging electronic market, which has
encouraged them to have a better customer service strategy that would be able to
deliver the things as per customer’s requirement.

6. Hr Machirajn international publishers (2009): Efficiency can be considered from

technical, economical or empirical considerations. Technical efficiency implies
increase in output. In the case of banks defining inputs and output is difficult and
hence certain ratios of costs to assets or operating revenues are used to measure banks
efficiency. In the Indian context public sector banks accounts for a major portion of
banking assets, it is necessary to evaluate the financial decisions of these banks and
compare them with private sector banks to know the quality of financial decisions on
its impact or performance of banks in terms of efficiency, profitability,
competitiveness and other economic variables.

7. DR.S. Gurusamy (2009): One of the key elements of importance for shaping the
financial system of a country is the pension fund. The fund contributes to the
development of social security systems of a country is the pension fund. The fund
contributes to the development of social security system of a country. A fund is
established by private employers, governments, or unions for the payment of
retirement benefits. Pension funds are designed to provide for poverty relief,
consumption smoothing etc. Pension funds not only provide compensation for the
loyal service rendered in the past, but in a broader significance. Works as a measure
of socio- economic justice. Pension system refers to the framework of arrangement
under which individuals gain specified entitlements to a regular income in retirement
called pension.

8. Dangwal and kapoor (2010) also undertook the study on financial performance of
nationalized banks in India and assessed the growth index value of various parameters
through overall profitability indices. They found that out of 19 banks, four banks had
excellent performance, five banks had good performance and six banks had poor
performance. Thus the performance of nationalized banks differs widely

9. Prasana Chandra (2010): Fundamental of financial management covers all the

aspects of the subject from the basics overview of the financial environment to the
financial analysis and financial planning. The basic consists of forms of business
organization which gives detailed information about the financial management of the
organization. After the analysis part budgeting of capital and fundamental valuation
of concept is in detail. It provides an introduction to the financial management and to
the financial environment. The fundamental of financial management provides a good
coverage of the basic concepts relating to the financial environment. The topics are
explained with various examples like the tax system, financial institution, banking
arrangement & the regulatory framework. All the concepts are explained using
numerous examples & illustration besides the illustration given within the chapter,
additional concepts, tools & technique with illustration are provided at the end of
chapter section. The book takes an analytical approach and explains the various
analytical methods in context.

10. Jha DK and D S Sarangi (2011): The financial performance of seven public sector
and private sector banks during the period 2009-10. They used three sets of ratio,
operating performance ratio, financial ratio and Efficiency ratio. The study revealed
that Axis bank was on the top of these banks followed by ICICI, BOT, PNB, SBI,
IDBI and HDFC.

11. Neeru Mundrai, Kamni Tandon,

Nidhi Malhotra (2011) excel books found that there is significant impact on the SBI’s
performance due to entry of new private sector banks as the new banks are profit
oriented institutions while traditional banks are operating with the shackles of social
responsibility towards the society. The other reasons that can be attributed are slow
technological up gradation, poor staffing and employment practices which affect long
term profitability of public sector banks. The study revealed that profitability of SBI
is lower than that of private sector banks even predicting of private sector banks
(business per employee) is higher than state banks.

12. Fernando Ferreng (2012) it is generally agreed that recent economic crisis
intensified worldwide competition among financial institution. This competition has
direct impact on how bank deal with their customer and achieve its objectives
performance evaluation of banks is the key function for improving banks
performance. Banks profitability and success to a large extent depends on bank
branch financial performance

13. Ramchandan Azhagasahi and Sandanvn Gejalakshmi (2012): In their study found
the impact of assets management operational efficiency and bank size on the financial
performance of the public sector and private sector bank. The research revealed that
bank with higher total capital deposits and total assets do not always mean that they
have better financial performance. The overall banking sector is strongly influenced
by assets utilization, Operational efficiency and interest income.

14. NutanTroke and P K Pachorkar (2012): The study related that the private sector
bank the percentage of other income in the total income is higher than public sector
bank. Public sector bank depend on intent income for their efficiency and
performance. The operational efficiency of private sector banks is better than public
sector banks. Private sector bank use their assets quality better than public sector
banks.

15. Dr.Dhanabhakyam & M.kavitha (2012) in their research used some important
ratio to analyses the financial performance of selected public sector banks such as
ratio of advances to assets, ratio of capital to deposit, ratio of capital to working fund,
ratio of demand deposit to total deposit, credit deposit ratio, return on average net
worth ratio, ratio of liquid assets to working fund etc. The ratio of advances to assets
shows an increasing trend for most of the public sector bank. It shows aggressiveness
of bank in lending which ultimately result in high profitability.
5. OBJECTIVES OF STUDY

Banking and finance can be called as the nerves of any

economic system as they accelerate the process of economic
development through canalization of adequate finance. It is hard to
anticipate development of efficient banking services in the country. No
doubt financial institutions play so important in economic development
but at the sometime economic development determines the growth and
development of banking institutions the role of various kind of banking
institution. In economic development need not be emphasized.

Main objective of the study is to “Critical appraisal of

product & services offered by axis bank.” Some of the major objectives
of the study include the determination of the following:

 Consumer awareness about the products and services provided by the

axis bank.
 Consumer preference about various products and services.
 Customer’s perception towards private Banking and their
expectations from private banks.
 Customer satisfaction with the service provided by the bank.
 Draw out with conclusions and suggestion based on the analysis and the
interpretation of data.
6. SCOPE OF STUDY

 It helps to bridge the gap between academic theory and practical

application and allows opportunity to explore a career in any field.
 It helps to obtain knowledge of the organization structure and
operations.
 The main reason behind making or researching this project is to know
how various departments function to achieve goals and gain a positive
perspective.
 This study will expand the scope of available career opportunities in the
financial domain of industries.
7. RESEARCH METHODOLOGY

Research is one of the most important parts of any study and

to collect the information and knowledge. Finance research is defined as
the systematic design, collection, analysis, and reporting of data and
findings relevant to a specific financial situation facing the company.
The research process depends upon developing the most efficient plan
for gathering the needed information. Designing a research plan calls
from decisions on the data sources, research approaches, research
instruments, sampling plan, and contact methods.

Data Source

For this project both primary and secondary data

were valuable sources of information.

 Primary Data
 Secondary Data
 Primary Data
Primary data is data that is collected by a
researcher from first-hand sources, using methods like surveys,
interviews, or experiments. It is collected with the research in mind,
directly from primary sources.
 Through Interaction with Employee
 Through Questionnaires filled from Employee

Secondary Data:
Secondary data is data gathered from studies, surveys,
or experiments that have been run by other people or for other research.

 Through internet and various websites

 Through Journals and Magzine

ORGNISATION STRUCTURE
 Name Designation
Manoj Branch Head
Kulkarni
Sheakhar Operation Head
Kulkarni
Rupesh Business Sales Manager
Bhavsar
Aamey Assistant Manager
Kulkarni
(Retail Banking &
Operation)
Tapasvi Assistant Manager
Pathak
(Retail Banking &
Operation)
Sanghmitr Assistant Manager
a More
(Retail Banking &
Operation)
ORGANIZATION STRUCTURE OF AXIS BANK
8. DATA ANALYSIS & INTERPRETATION

STUDY OF THE DEPARTMENTS

FINANCE DEPARTMENT

In this modern era, it is very easy to know how much

important the finance is in the business. As current position of the market
is totally different from ancient, where it was very easy to get the
finance. But now a day it is not so, it is very difficult task to raise
funds from market. As today people are facing lot of problem and have
less confidence on the market so it is difficult to raise fund without
proper planning. For the bank as it is a Financial Institution we can
consider finance as lifeblood of this business. The company should
manage to get sufficient finance. The company should use to keep
proper planning for the finance of its own and also of the large no. of
depositors who are there with the bank. We can define financial
management as a task of acquisition and utilization of funds needed in
the business in a manner so that organizations goal can be achieved. In
AXIS Bank, its chief Financial Officer and Treasurer manage the
finance. Due to proper policies and separate management the company
can have proper operation of finance.
 Investment Banking

Investment banking is a financial institution that assists corporations and

governments in raising capital by underwriting and acting as the agent in
the issuance of security.

An investment bank also assists companies involved in mergers and

acquisitions, derivatives, etc.

Unlike commercial banks and retail banks, investment banks do not take
deposits.
 Profit & Loss account of Axis Bank

Profit & Loss account ------------------- in Rs. Cr. -------------------

INCOME
Interest / Discount
on Advances / Bills 34,9 33, 30, 26,
09.7
4.6 0.1 3.9

Income from 10,0 9,6 9,4 9,1

Investments 19.9 74. 25. 45.

Interest on Balance
with RBI and Other 391.
Inter-Bank funds 5.7 6.2 2.0

Others 1,29 1,2 1,2

3.29 99. 76. 6.0

Total Interest 46,6 45, 41, 35,

Earned 14.0
5.0 9.2 7.4

Other Income 11,8 12, 9,9 8,8

62.6 54. 38.
1.6

Total Income 58,4 57, 51, 44,

76.6
6.7 4.2 5.5

EXPENDITURE
Interest Expended 27,6 26, 24, 21,
03.6
9.3 4.2 1.2

Payments to and
Provisions for 5,41 4,7 4,0 3,6
Employees 4.44 42. 19. 15.

Depreciation 590.
6.6 1.3 9.6

Operating
8,78 7,4 6,1 5,5
Expenses
3.34 56. 30. 74.
(excludes
Employee Cost &
Depreciation)
Total Operating 14,7 12, 10, 9,6
Expenses 88.3 09.
5.6 1.3
 Provision Towards 1,95 5,1 4,4 3,8
Income Tax 1.55 88. 06. 97.

-
Provision Towards Deferred Tax -3,202.06 -73.80 -153.17 -153.17
18,469.69
Provision Towards Other Taxes 0.00 0.00 -0.05 0.93 0.93
Other
32,138.73 12,127.91 3,718.71 2,420.21 2,420.21
Provisions and
Contingencies
15,620.59 14,114.69 8,051.04 6,165.90 6,165.90
Total
Provisions and 58,012.65 53,629.67 43,006.64 37,117.09 37,117.09
Contingencies
464.02 3,967.03 8,357.58 7,448.48 7,448.48
Total Expenditure
Net Profit / Loss for The Year 464.02 3,967.03 8,357.58 7,448.48 7,448.48
Net Profit / Loss After EI -8.21 -14.00 -7.92 -1.94 -1.94
& Prior Year Items
0.00 0.00 0.00 1.36 1.36
Minority Interest
Share Of Profit/Loss Of Associates 455.82 3,953.03 8,349.67 7,447.90 7,447.90
Consolidated Profit/Loss 24,881.55 24,002.70 17,789.74 13,601.24 13,601.24
After MI And Associates
Profit / Loss Brought Forward 25,337.37 27,955.72 26,139.41 21,049.13 21,049.13
Total Profit / Loss
available for
Appropriations
APPROPRIATIONS
Transfer To / From Statutory
Reserve 68. 2,0 1,8 1,8
92 9.8 55. 39. 39.

Transfer To / From 43. 34. 23. 14. 14.

Reserve Fund 50
Transfer To /
From Capital 101 62. 63. 63.
Reserve .66 5.5

Transfer To /
From General 8.0 6.8 5.4 1.6 1.6
Reserve 6
Transfer To /
From Investment 103 25. 25.
Reserve .49 87. 41.

Equity Share Dividend 1,4 1,4 31. 1,0 1,0

57. 44. 92. 92.
40
Tax On Dividend 0.0 0.0 0.0
0 2.4 2.4

Balance Carried
23, 24, 24, 17, 17,
Over To Balance
554
Sheet
.35 1.5 2.7 9.7 9.7

Total Appropriations 25, 27, 26, 21, 21,

337
.37 5.7 9.4 9.1 9.1

OTHER ADDITIONAL
INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) 15. 35. 32. 32.

Diluted EPS (Rs.) 15. 35. 31. 31.

 Balance Sheet of Axis Bank
EQUITIES AND
LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital
Total Share Capital
Reserves and Surplus
Total Reserves and Surplus
Total ShareHolders Funds
------------------- in Rs. Cr. -------------------
M M M M M
a a a a a
r r r r
2 1
2 2 2 1 8
1 0 9
1 1 1 1 1
2 2 2 2 2
m
m m m m
h t t t
h h h h
s s s s
5 4 4 4 4
1 7 7 7 7
3 9 6 4 4
. . .
3 0 5 1 1
1 1 7 0 0
5 4 4 4 4
1 7 7 7 7
3 9 6 4 4
. . .
3 0 5 1 1
1 1 7 0 0
6 5 5 4 4
3 5 3 4 4
, , ,
6 9 0 4 4
9 0 8 7 7
4 1 2 5 5
. . .
1 3 1 4 4
0 4 9 9 9
6 5 5 4 4
3 5 3 4 4
, , ,
6 9 0 4 4
9 0 8 7 7
4 1 2 5 5
. . .
1 3 1 4 4
0 4 9 9 9
6 5 5 4 4
4 6 3 4 4
 , , ,
2 3 5 9 9
0 8 5 4 4
7 0 8 9 9
. . .
4 3 7 5 5
1 5 6 9 9
Minority Interest 6 6 3 3 3
9 1 9 1 1
. . .
5 3 0 1 1
1 1 5 4 4
Deposits 4 4 3 3 3
5 1 5 2 2
5 4 8 2 2
, , ,
6 9 3 2 2
5 8 0 4 4
7 2 2 4 4
. . .
7 6 1 1 1
6 8 9 7 7
Borrowings 1 1 1 8 8
5 1 0 4 4
5 2 4 ,
, , 3 3
7 4 4 9 9
6 5 9 3 3
7 4 3 .
. . 5 5
0 7 7 0 0
9 6 3
Other Liabilities and 2 2 1 1 1
Provisions 8 7 5 5 5
, , ,
0 5 6 6 6
0 8 3 2 2
1 2 9 4 4
. . .
5 9 4 5 5
9 2 7 7 7
Total Capital and Liabilities 7 6 5 4 4
0 1 3 6 6
3 1 2 7 7
, , ,
7 4 0 2 2
0 6 3 4 4
3 2 3 2 2
. . .
3 0 2 9 9
7 1 1 7 7
ASSETS
Cash and Balances with
3 3 2 1 1
Reserve Bank of India
5 0 2 9 9
, , ,
4 8 3 8 8
8 5 6 1 1
1 7 1 8 8
 . . .
0 9 1 8 8
6 5 6 4 4
Balances with Banks
8 2 1 1 1
Money at Call and Short
0 1 6 6
Notice
4 , , ,
2 1 3 6 6
9 0 4 7 7
8 1 3 3
7 . . .
5 1 6 2 2
7 5 5 5
Investments 1 1 1 1 1
5 2 2 3 3
3 9 1 3 3
, , ,
0 0 8 3 3
3 1 8 1 1
6 8 0 9 9
. . .
7 3 7 2 2
1 5 8 4 4
Advances 4 3 3 2 2
4 8 4 8 8
9 1 4 4 4
, , ,
8 0 6 4 4
4 8 6 4 4
3 0 3 8 8
. . .
6 2 3 6 6
5 6 2 5 5
Fixed Assets 4 3 3 2 2
, , ,
0 8 5 5 5
4 1 7 5 5
8 0 3 1 1
. . .
8 2 7 9 9
2 3 6 0 0
Other Assets 5 4 2 1 1
2 6 8 0 0
, , ,
8 5 2 4 4
6 8 1 3 3
3 7 2 1 1
. . .
3 0 5 0 0
8 5 4 8 8
Total Assets 7 6 5 4 4
0 1 3 6 6
3 1 2 7 7
, , ,
7 4 0 2 2
0 6 3 4 4
3 2 3 2 2
. . .
3 0 2 9 9
 7 1 1 7 7
CONTINGENT LIABILITIES, COMMITMENTS
Bills for Collection 8 8 8 8 4
1 1 0 0 9
, , ,
9 0 7 5 0
8 5 6 9 0
0 5 4 2 8
. . .
1 3 7 4 6
3 6 8 6 9
Contingent Liabilities 7 6 5 5 5
0 7 8 5 9
6 3 9 9 1
, , ,
7 1 3 7 3
2 3 2 5 3
5 6 6 0 4
. . .
2 3 2 5 2
4 5 3 1 9
 Cash Flow of Axis Bank

Cash Flow ------------------- in Rs. Cr. -------------------

M M M M M

m m m m m
th th th th th

Net Profit Before Tax

1.
7. 8.
3. 6.

Net Cash From Operating

Activities

2. 2.
3. 1. 2.

Net Cash
(used
in)/from
Investing
Activities
5. 9.
0. 0. 7.

Net Cash (used in)/from

Financing Activities

0.
0. 8. 1. 6.

Net (decrease)/increase
In Cash and Cash
Equivalents
0. 3.
1. 0. 3.

Opening Cash & Cash

Equivalents

6. 5. 9. 8. 4.

Closing Cash & Cash

Equivalents

4. 6. 5. 9. 8.
 Financial Ratios of Axis Bank

Financial Ratios ------------------- in Rs. Cr. -------------------

Mar M Ma Ma Ma
22 a r r r
r 20 19 18

2
1

Investment Valuation
Ratios
Face Value 2
.
0
0
Dividend Per Share -
-
Operating Profit Per 7 254
Share (Rs) 7
.
7
0
Net Operating Profit Per 1 173 654
Share (Rs) 8
8
.
6
2
Free Reserves Per Share -
(Rs) -
Bonus in Equity Capital -
-
Profitability Ratios
Interest Spread 6
.
7
8
Adjusted Cash 2
Margin(%) 9
.
3
6
Net Profit Margin 8
.
7
5
Return on Long Term 8
Fund(%) 0
.
1
0
Return on Net 7
 Worth(%) .
0
1
Adjusted Return on Net 2
Worth(%) 9
.
0
6
Return on Assets Excluding 250.44 2 224 189 817.21
Revaluations 3 .93 .62
5
.
6
6

Return on Assets
Including 2 224 817
Revaluations 3
5
.
6
6
Management
Efficiency Ratios
Interest Income / Total 7
Total Income / Capital
Funds .
Employed(%) 9
0
Net Interest Income / 3
Total Funds .
2
2
Non Interest Income / 2
Total Funds .
1
7
Interest Expended / 4
Total Funds .
6
9
Operating Expense / 2
Total Funds .
1
3
Profit Before
Provisions / Total 3
Funds .
1
6
Net Profit / Total Funds 0.07 0.69 1.67 1.75 1.74
Loans Turnover 0.11 0.12 0.13 0.14 0.14

8.89 10.07 10.28 10.44 10.59

Interest
Expended / 4
Capital .
Employed(%)
6
9
Total Assets Turnover 0
Ratios .
0
8
Asset Turnover Ratio 0
.
0
8
Profit And Loss Account
Ratios 59.30 58. 59 60.
Interest Expended / 79 .7 85
Interest Earned 3
Other Income / Total 21.57 19
Income .8
3
Operating Expense / 21.18 20
Total Income .6
2
Selling
0.31 0.2 -- --
Distributio
2
n Cost
Compositi
-- --
on
Balance Sheet Ratios
Capital Adequacy Ratio
Advances / Loans 76.98 76
Funds(%) .8
9
Debt Coverage Ratios
Credit Deposit Ratio 93.86 92. 85 80.
44 .7 60
4
Investment Deposit 32.45 40
Ratio .8
8
Cash Deposit Ratio 6.
12
Total Debt to Owners 9.
Fund 05
Financial Charges 2.
Coverage Ratio 07
Financial Charges
Coverage Ratio Post 1.17 1.3 1. 1.3
Tax 6 37 6
Leverage Ratios 0.11
Current Ratio 0.0 0. 0.0
8 03 3
Quick Ratio 16.62 20
.1
4
Cash Flow Indicator Ratios
Dividend Payout Ratio 36.53 0.3 17 17.
Net Profit 7 .6 45
5
Dividend Payout Ratio 32.24 16
Cash Profit .7
1
Earning Retention Ratio 91.19 91
.9
3
Cash Earning Retention 91.47 92
Ratio .1
3
AdjustedCash Flow 24.53 19
Times .2
9
 Above balance-sheet shows that the liability of the bank in last five
years.
 This is indicating the growth of the private banking sector is very fast.
 Net worth of the axis is increasing every year in last five years.
 The banking is improving themselves as well as their sector also.
 There is some positive amount of NET CURRENT ASSETS.
9. FINDINGS

 It was found that the working nature of the axis bank is under discipline,
the employee of the bank follows all the rules and regulations of the bank,
employee starts the work on exact time when the bank is open till the
closing time of the bank.

 It was also found that the axis banks functions help to the all the
customer for the future growth of the bank.

 It was found that Axis bank always helps to the all customer or
account holder of the bank, they always shown all the facilities to
the customer. Debit card, credit card, cheque book facilities, easy
loan, and 24 hrs ATM facilities.

 I found that Axis bank provide a multiple service to their

customers, like mobile banking, internet banking, mobile application,
free fund transfers from inter banking (only axis bank transaction).

 It was found that Axis bank is growing in very large scale;

multiple branches are opening in various places.
10. CONCLUSION

Axis bank has developed many fold is short period of time due to
facilities and service provide to their customer and this growth rate can be
keep it up. In last couple of years, they have open new branches and they
should open many more the working staffs are very co-operative in nature
and due to that the bank will also get good benefit axis bank has provided
their customer net banking facilities and due to that transactions are done fast
charges at axis bank are on lower side when we compare it with others bank.

 Axis bank has differentiated itself very well on the bases of high level
service and product quality.
 They have successfully implemented the change and due to this their
market share is increased only despite of tough competition prevails.
 In this study I found that the bond of axis bank with it is customer is very
strong because axis bank mainly focuses on retailing their customer.
 This study finds that however axis bank is not the leading private sector
bank but it is waste range of products and availability and opens of
options make it one of the better banks of India.
11. BIBLIOGRAPHY

www.axisbank.com

www.moneycontrol.com/company-management

www.bankifsccode.com/AXIS-BANK

REFERENCE BOOKS & MAGZINES

1. Annual magazine of axis bank

2. Booklet
3. Hand book / Record Book
4. Personal discussion with the employees of the bank