THEBUSINESSBYTES BUREAU BENGALURU, NOVEMBER 19, 2025 Reinforcing its deepening commitment to India’s thriving start-up landscape, Axis Bank, one of the country’s leading private sector lenders, has launched its Curated Corporate Salary Program for employees of start-ups under its New Economy Group (NEG). The initiative strengthens Axis Bank’s position as a trusted partner for new-age enterprises, offering a comprehensive suite of ...
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Axis Bank unveils industry-first In-App Mobile OTP to strengthen digital security
THEBUSINESSBYTES BUREAU MUMBAI, APRIL 10, 2025 In a pioneering move to bolster digital security, Axis Bank, one of India’s largest private sector banks, has launched an industry-first ‘In-App Mobile OTP’ feature on its mobile banking app, ‘open’. This advanced capability generates time-based one-time passwords (TOTP) directly within the app, eliminating the need for traditional SMS-based OTPs and thereby significantly reducing ...
Read More »Axis Bank Q1FY25 profit rises to Rs 6,035 cr
New Delhi, July 24, 2024 (TBB Bureau): Axis Bank, a leading private sector lender, reported a 4% increase in net profit for the quarter ending June 2024, reaching Rs 6,035 crore, driven primarily by higher interest income. In the corresponding quarter of the previous fiscal year (April-June 2023-24), the bank had recorded a standalone net profit of Rs 5,797 crore. ...
Read More »Axis Bank and Bajaj Allianz General Insurance forge alliance to enhance insurance penetration and financial inclusion
Bhubaneswar, June 3, 2024 (TBB Bureau): Axis Bank, one of the leading private sector banks in India, and Bajaj Allianz General Insurance, one of the leading private general insurers in India, have entered into a strategic partnership to offer a comprehensive suite of general insurance products through Axis Bank’s extensive network of 5,250+ branches. As part of this collaboration, Bajaj ...
Read More »Axis Bank’s Bharat Banking initiative drives rural development in Odisha
TBB BUREAU BHUBANESWAR, JAN 30, 2024 As Odisha solidifies its position as a key industrial hub in eastern India, Axis Bank, the country’s third-largest private lender, is poised to play a pivotal role in the state’s rural and semi-urban (RuSu) development, , said a senior executive of the Bank. Speaking to media persons here on Tuesday, Munish Sharda, Group Executive ...
Read More »Altigreen partners with Axis Bank to offer tailored financial solutions
TBB BUREAU MUMBAI, AUG 07, 2023 India’s top commercial electric vehicle manufacturer Altigreen has partnered with Axis Bank, one of the largest private sector banks in India, to provide customized retail financing alternatives to its customers. This partnership is aligned to streamline and simplify the purchasing process and empower customers in their transition to electric mobility. Axis Bank’s extensive range ...
Read More »Axis Bank launches ‘MicroPay’, 30pc cost effective than PoS
TBB BUREAU BHUBANESWAR, MAR 23, 2023 Axis Bank has launched the revolutionary PIN on Mobile solution for accepting digital payments, in the Indian market, along with Ezetap by Razorpay & MyPinpad as the technical solution partners. ‘MicroPay’ is a revolutionary ‘PIN on Mobile’ solution that converts a merchant’s smartphone into a Point-of-Sale (POS) terminal, thereby simplifying digital payments and delivering ...
Read More »Samsung India, Axis Bank launch co-branded credit card powered by Visa
TBB BUREAU GURUGRAM, SEPT 26, 2022 Samsung India and Axis Bank have partnered to launch an exclusive co- branded credit card, powered by Visa., that will give customers 10 per cent cashback across all Samsung products and services round the year. The 10 per cent cashback offer will be over and above Samsung’s offers, on both EMI and non-EMI transactions. ...
Read More »Axis Bank ties up with PayNearby, aims to boost priority sector lending
TBB BUREAU MUMBAI, SEPT 07, 2022 Announcing a partnership with branchless banking network PayNearby, a senior executive of Axis Bank said on Wednesday that such tie-ups would aid the private lender in achieving priority sector lending aims. “The priority sector targets that we have in our own business, if we have a shortfall, we have to build up through PSLCs ...
Read More »Axis Bank inks pact with Army Insurance Group for retail mortgage loans
TBB BUREAU MUMBAI, NOV 10, 2021 India’s third-largest private sector bank Axis Bank on Wednesday signed an MoU with the Army Insurance Group (AGI) to offer retail mortgage loans to the Indian Army. “The bank will offer best-in-class products and services to defence personnel to cater to their home loan requirements,” it said in a statement. Through this partnership, the ...
Read More »Axis Bank crosses one million customers on WhatsApp banking
TBB BUREAU MUMBAI, AUG 05, 2021 Axis Bank, India’s third largest private sector bank, has crossed the milestone of over one million customers on its WhatsApp banking channel with total request count of 6 million till now. Axis Bank had launched banking services on WhatsApp in January 2021 and has since witnessed robust organic growth in its customer base for ...
Read More »Axis Bank’s ‘Power Salute’ offers defence service salary package for Indian Army
TBB BUREAU MUMBAI, JULY 6, 2021 The country’s third-largest private lender Axis Bank on Tuesday signed a memorandum of understanding (MoU) with the Indian Army offering a defence service salary package under its “Power Salute” initiative. The Defence service salary package will offer different benefits to all ranks of army officers, Axis Bank said in a media statement. According to ...
Read More »Axis Bank selects AWS to accelerate digital transformation
TBB BUREAU MUMBAI, JUNE 29, 2021 India’s third-largest private sector bank Axis Bank has selected Amazon Web Services (AWS) to accelerate its digital transformation programme. “As part of a multi-year agreement, Axis Bank will draw on the breadth and depth of AWS services, including containers, database, and compute, to build a portfolio of new digital financial services to bring advanced ...
Read More »Axis Bank offers term deposits without penalty on premature closure
TBB BUREAU MUMBAI, JANUARY 11, 2021 In a continued focus to put its customers’ interests at the forefront, Axis Bank, India’s third-largest private sector bank, on Monday announced the removal of penalty on premature closure of all new retail term deposits booked on or after December 15, 2020 for a tenure of 2 years or more. The objective of this ...
Read More »Axis Bank partners with Hyundai to offer smart financial solutions digitally
TBB BUREAU MUMBAI, JANUARY 6, 2021 India’s third largest private sector bank, Axis Bank on Wednesday announced its partnership with Hyundai Motor India Limited (HMIL) to offer the auto retail financing solutions to its customers through Hyundai’s end-to-end online automotive retail platform ‘Click to Buy’ (CTB). The partnership will allow customers to view, process and avail auto loan sanction directly ...
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