Axis Bank Limited (the Bank) gives a suite of corporate and retail managing an account items. The Bank’s sections incorporate Treasury, Retail Banking, Corporate/Wholesale Banking and Other Banking Business. Its Treasury activities incorporate interests in sovereign and corporate obligation, value and common assets, exchanging tasks, subsidiary exchanging and remote trade activities on the exclusive record and for clients. Its Retail Banking establishes loaning to people/independent companies and exercises incorporate risk items, card administrations, Internet keeping money, versatile managing an account and monetary warning administrations, among others. Its Corporate/Wholesale Banking incorporates corporate connections excluded under Retail Banking, corporate warning administrations, positions and syndication, venture examinations, capital market related administrations and money the executives administrations. Its Other Banking Business incorporates para saving money exercises, for example, outsider item appropriation and other managing an account exchanges.
Axis Bank Ltd., incorporated in the year 1993, is a banking company (having a market cap of Rs 179133.04 Crore).
Axis Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 34137.47 Crore to Sales Value (74.56 % of Total Sales), Income From Investment which contributed Rs 9983.30 Crore to Sales Value (21.80 % of Total Sales), Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 1271.71 Crore to Sales Value (2.77 % of Total Sales) and Interest which contributed Rs 387.83 Crore to Sales Value (0.84 % of Total Sales)for the year ending 31-Mar-2018.
The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 30854.67 Crore (5.75 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 12233.29 Crore (2.36% of total assets).
For the quarter ended 31-12-2018, the company has reported a Standalone Interest Income of Rs 10628.25 Crore, up 6.76 % from last quarter Interest Income of Rs 9954.99 Crore and up 21.22 % from last year same quarter Interest Income of Rs 8767.57 Crore. The bank has reported net profit after tax of Rs 1680.85 Crore in latest quarter.
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