-7.30 (-0.56%) 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.