Axis Bank Ltd.

BSE: 532215 | NSE: AXISBANK
Large Cap | Bank - Private
1234.50
3.95 (0.32%)
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Axis Bank shines on unveiling 500 cash deposit machines

Date: 07-02-2013

Axis Bank is currently trading at Rs 1466.45, up by 5.75 points or 0.39% from its previous closing of Rs 1460.70 on the BSE.

The scrip opened at Rs 1454.00 and has touched a high and low of Rs 1467.70 and Rs 1453.95 respectively. So far 8758 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1519.00 on 01-Feb-2013 and a 52 week low of Rs 922.00 on 18-May-2012.

Last one week high and low of the scrip stood at Rs 1519.00 and Rs 1455.00 respectively. The current market cap of the company is Rs 67947.57 crore.

The promoters holding in the company stood at 35.53% while Institutions and Non-Institutions held 45.91% and 9.73% respectively.

Axis Bank, in a bid to offer convenience to its customers, has deployed 500 cash deposit machines at its branches in over 300 cities. The cash deposit machines will give customers the convenience of depositing cash, with funds getting credited instantly to their accounts for all successful transactions without filling deposit slips, provides mini statement and account balance for all the card-based transactions.

The machine segregates the notes as per each denomination, counts and displays them for the customer’s confirmation before crediting the account. This reduces the customers’ time to deposit cash from an average of 30 minutes to less than a minute.

This facility is available 24x7 for all 365 days in select branches, bringing the ability to deposit cash after banking hours and on Sundays and holidays.