AXIS BANK

Akshay Baiju
18206008
 AXIS BANK
 Axis Bank is the third-largest of the private-sector
banks in India offering a comprehensive suite of
financial products.
 Year of formation : 1994
 The bank has its head office in Mumbai, Maharashtra.
 It has 4050 branches, 11,801 ATMs and 4,917 cash
recyclers spread across the country as of 31 March
2019 and nine international offices.
 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
Services & Products provided
 Retail banking
 Corporate banking
 International banking
 Investment banking
What went wrong at Axis Bank under CEO Shikha Sharma's watch ?

 Indian banking’s toxic loan pile has increased

considerably. While it’s mainly the public sector banks that
have suffered, private lenders like Axis Bank, too, have had
their share of bad loans.
 Under Sharma’s tenure, for instance, the gross non-
performing assets of the bank have risen from 0.96% in
March 2009 to 5.28% in December 2017.
 The bank’s increased exposure to sectors such as
infrastructure, power, and mining returned to haunt it.
Credibility crisis
 Axis Bank has also been pulled up twice by the central
bank for under-reporting bad loans for financial years
2016 and 2017. 
 The divergence – ie the difference between the RBI’s and
the lender’s assessments – was around Rs 9,480 crore.
 In financial year 2017, the lender once again reported a
loan divergence of Rs 5,633 crore, denting its financial
credibility in a big way.
 In 2016, it reported a loss for the first time in
46 quarters.
 As a result, its stock has under-performed,

too. In the last three years, the Axis Bank

scrip has lost over 7% of its value.
Five Year Performance
SWOT Analysis of Axis Bank
Conclusion & Suggestion
  Stability of top management
The Axis Bank saw a big transition from its
'own cadre' in the senior management team
to outside professionals at the top. 
 Poor quality of assets has impacted the

bank’s overall performance.