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Axis Bank inks multi-year deal with Amazon Web Services

30 Jun 2021 Evaluate

Amazon Web Services (AWS) has inked a multi-year deal with Axis Bank to power the digital transformation programme of the country's third largest private sector bank. As part of the agreement, Axis Bank will draw on the breadth and depth of AWS services to build a portfolio of new digital financial services to bring advanced banking experiences to customers, including online accounts that can be opened in under six minutes and instant digital payments.This will help the bank increase customer satisfaction by 35 per cent and lower costs by 24 per cent. 

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.


Axis Bank Share Price

1271.05 1.65 (0.13%)
11-May-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 764.55
ICICI Bank 1266.15
Axis Bank 1271.05
Kotak Mahindra Bank 381.30
Indusind Bank 922.20
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