Axis Bank Ltd.

Axis Bank has tied up with Ripple, a distributed ledger technology provider, to offer cross-border payments solution. With this tie up, the Bank can now leverage blockchain solutions for its operations, becoming the third lender in the country to use the technology. The move follows after Axis Bank partnered with another major Indian banking firm Kotak Mahindra Bank, last year, to explore the potentials of blockchain in various business segments, including pilot transactions.

Axis Bank is the third largest private sector bank in India. The 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.