Key points about Axis Bank:
- Axis Bank is an Indian bank which belongs to the banking industry and financial services.
- Amitabh Chaudhry as MD & CEO of Axis Bank.
- Shri Rakesh Makhija is Chairman of Axis Bank.
- Axis Bank listed on the National Stock Exchange on 16 Nov 1998 with a face value of Rs. 2.
- As of 1 Jan 2020, the Axis Bank share price was 396.95.
- Axis Bank established on 1 December 1993.
- The market cap of Axis Bank is 1,11,989.76 crore as of 1 Jan 2020.
History of Axis Bank:
Axis Bank established in 1993 was the first of the new private banks to
have begun operations in 1994 after the Indian Government allowed new private
banks to be established. Axis Bank has been promoted by the most important and
therefore the best financial organization of the country, UTI.
The Bank was first set up with a capital of Rs. 115 crore, with UTI
contributing Rs. 100 crore, GIC, and its four subsidiaries contributing Rs. 1.5
crore each, and LIC Rs. 7.5 crore. Axis
Bank is one of the first new-generation private sector banks, who started its
operation in 1994.
The Bank was promoted in 1993, jointly by Specified Undertaking of Unit
Trust of India (SUUTI) (As of now referred to as Unit Trust of India), General
Insurance Corporation of India (GIC), Life Insurance Corporation of India
(LIC), National Insurance Company Ltd., The Oriental Insurance Company Ltd. and
United India Insurance Company Ltd., The New India Assurance Company Ltd. The
shareholding of Unit Trust of India was subsequently transferred to Specified
Undertaking of Unit Trust of India, an entity established in 2003.
The first branch of Axis Bank was inaugurated on 2 April 1994 in
Ahmedabad by that time finance minister of India Dr. Manmohan Singh.
Axis Bank has
strengths in both retail and company banking and is committed to adopting the simplest industry practices internationally so as to realize excellence. Axis Bank entered a deal in November 2010 to shop for the investment banking and equities units of Enam Securities
for $456 million.
Service And Network :
1. Service:
- Corporate Banking
- Personal Banking
- Priority Banking
- NRI Banking
- Online purchases using
Debit Card
- Online purchases using
Credit Card
Axis Bank offers the entire spectrum of financial services to
their customer segments covering MSME, Agriculture and Retail Businesses and
Large and Mid-Corporates.
2. Network:
Axis
Bank is
the third largest Indian bank offering a good assortment of many
types financial products. Axis bank has its head office in Mumbai, Maharashtra.
It has 4,800 branches, 17,801
ATMs and 4,917 cash recyclers spread across the country as of 31 March 2020 and
nine international offices in London, Abu Dhabi, Dubai, Colombo, Shanghai, Hong
Kong, Sharjah, Singapore, Dhaka.
Dividend and Bonus Share:
1. Dividend:
Axis Bank
has given dividends to its shareholders on a yearly basis.
Data of dividend given in the below table.
Announcement Date
|
Effective Date
|
Dividend (%)
|
25-04-2019
|
04-07-2019
|
50.00
|
28-04-2017
|
06-07-2017
|
250.00
|
26-04-2016
|
07-07-2016
|
250.00
|
29-04-2015
|
09-07-2015
|
230.00
|
25-04-2014
|
12-06-2014
|
200.00
|
25-04-2013
|
05-07-2013
|
180.00
|
27-04-2012
|
14-06-2012
|
160.00
|
22-04-2011
|
08-06-2011
|
140.00
|
20-04-2010
|
20-05-2010
|
120.00
|
20-04-2009
|
14-05-2009
|
100.00
|
21-04-2008
|
22-05-2008
|
60.00
|
17-04-2007
|
17-05-2007
|
45.00
|
17-04-2006
|
16-05-2006
|
35.00
|
21-04-2005
|
20-05-2005
|
28.00
|
29-04-2004
|
28-05-2004
|
25.00
|
06-05-2003
|
09-06-2003
|
22.00
|
02-05-2002
|
26-06-2002
|
20.00
|
05-05-2001
|
04-06-2001
|
15.00
|
2. Bonus Share:
Axis Bank
not given any bonus share in its history till 1 june 2020.
Profit/Loss:
In the below
table 5 years profit/Loss mentioned.
Financial Year
Profit/Loss in crore
March 2019
-7354.41
March 2018
719.08
March 2017
3603.12
March 2016
4513.75
March 2015
7058.00
Financial Year
Profit/Loss in crore
March 2019
-7354.41
March 2018
719.08
March 2017
3603.12
March 2016
4513.75
March 2015
7058.00
Statistics:
No.
|
Terms
|
Value
|
1
|
Share price(Rs.)
|
369.95
|
2
|
Market Cap
|
1,11,989.76 cr
|
3
|
Dividend (%)
|
50
|
4
|
P/E ratio
|
68.8
|
5
|
Book value(Rs.)
|
236.45
|
6
|
P/B ratio
|
1.68
|
7
|
Face value(Rs.)
|
2
|
8
|
EPS(TTM)
|
5.77
|
*All financial
data as of 1 June 2020.
Thank You.
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