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Axis Bank unveils online outward remittance Facility in over 100 Currencies

31 Oct 2014 Evaluate

Axis Bank has unveiled its seamless Online Outward Remittance facility in over 100 currencies. Axis Bank customers can now make faster online outward remittances in over 100 currencies across 150 countries to accounts held with various other Correspondent Banks using this facility, from the comforts of their home or office.

This new outward remittance service offers customers the convenience and choice to initiate transfers through Axis Bank in additional 88 currencies taking the total to 101 currencies.

The bank’s net profit for first quarter ended June 30, 2014 rose by 18.29% at Rs 1666.76 crore as compared to Rs 1408.93 crore for the quarter ended June 30, 2013. Its total income increased by 10.17% to Rs 9980.47 crore for the quarter under review from Rs 9059.12 crore for the corresponding quarter of the previous year.

Axis Bank Share Price

1292.35 -3.75 (-0.29%)
07-May-2026 16:01 View Price Chart
Peers
Company Name CMP
HDFC Bank 795.85
ICICI Bank 1278.85
Axis Bank 1292.35
Kotak Mahindra Bank 380.65
Indusind Bank 949.00
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