Axis Bank Ltd.

BSE: 532215 | NSE: AXISBANK
Large Cap | Bank - Private
1294.55
-3.95 (-0.30%)
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Axis Bank features in Forbes Asia’s FAB 50 list for the fourth time

Date: 04-09-2014

Axis Bank, India’s third largest private bank, has been featured in Forbes Asia's FAB 50 list of 2014. This is the fourth time Axis Bank has been featured and is amongst the only two banks in this renowned list. The Fab 50 comprises of the best of Asia-Pacific’s biggest publicly traded companies, chosen from a pool of 1,300 companies in the region that have at least $3 billion in market cap or annual revenue. These companies are further screened on the basis of a long series of performance measures. Axis Bank is amongst a dozen Indian corporate firms featured in this list.

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.