Axis Bank Ltd.

BSE: 532215 | NSE: AXISBANK
Large Cap | Bank - Private
1260.10
-35.25 (-2.72%)
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Axis Bank’s foreign equity limit increased to 74%

Date: 06-07-2016

The Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Narendra Modi has cleared the proposal of Axis Bank for increasing foreign shareholding limit from existing 62 per cent to 74 per cent which is expected to bring in capital inflow of around Rs 13,000 crore into the country.

Axis bank offers wide range of services such as Personal Banking, Corporate Banking, NRI Banking, Priority Banking, VBV - Online purchases using Credit Card and VBV / MSC - Online purchases using Debit Card. The bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence.