Home > Tag Archives: Axis Bank

Tag Archives: Axis Bank

Axis Bank launches Curated Corporate Salary Program for start-up workforce

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 ...

Read More »

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 »

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 »

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 ...

Read More »