MoneyWorks4Me

Axis Bank launches wealth management product for ultra-rich

03 Dec 2019 Evaluate

Axis Bank has launched wealth management product aimed at the growing numbers of the ultra-rich. The new product is targeted at those who can deliver a ‘relationship value’ of over Rs 5 crore, as against the earlier Rs 30 lakh under the five-year-old old product. Meanwhile, the bank also launched a three-in-one card--credit, debit and forex card.

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

Peers
Company Name CMP
HDFC Bank 728.10
ICICI Bank 1396.80
Axis Bank 1286.45
Kotak Mahindra Bank 446.00
Indusind Bank 874.00
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