-8.40 (-0.68%) Axis Bank is planning to extend its branch network in the Gujarat state by adding 28 more branches and 69 new ATMs this financial year, as it aims to enhance accessibility for the people of Gujarat. The Bank has opened its 5000th branch in Ahmedabad city on September 26, 2023, 29 years after it launched its first branch in the same city.
The bank has 389 branches in Gujarat, out of which 147 branches are in the metro, 60 in urban regions, 106 in semi-urban, 18 in rural and 58 in unbanked rural regions.
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.