Axis Bank Ltd.

Axis Bank has concluded structured derivative transactions with leading Indian corporates. The first of these transactions was executed with Reliance Industries, which involved the use of Barrier FX options for their currency risk management. The bank subsequently also concluded such transactions with other large corporates like Supreme Petrochem etc.

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.