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On 30 July 2007, UTI Bank changed its name to Axis Bank. [16] In 2009, Shikha Sharma was appointed as the MD and CEO of Axis Bank. [17] In 2013, Axis Bank's subsidiary, Axis Bank UK commenced banking operations. [18] The Indian government intends to sell a 20.7% stake in Axis Bank in February 2014 for 57 billion rupees, equivalent to 925 ...
Citibank began operations in 1902 in Calcutta ().[1] [2]In the late 1980s and 1990s, the division was one of the first banks to offer credit cards in India. [3]In 1992, Citibank India was alleged to have played the leading role in allowing or facilitating the market manipulation that drove up prices of shares on the Bombay Stock Exchange during the 1992 Indian stock market scam.
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Axis Direct provides a 3-in-1 Online Investment Account [2] which is a combination of Axis Bank Savings along with an Axis Direct trading and Demat account services: Equities – Invest online in stocks of listed companies; Mutual Funds – Invest in mutual funds including equity, hybrid, tax saving or debt schemes from asset management companies
Payment cards are part of a payment system issued by financial institutions, such as a bank, to a customer that enables its owner (the cardholder) to access the funds in the customer's designated bank accounts, or through a credit account and make payments by electronic transfer with a payment terminal and access automated teller machines (ATMs ...
On 27 July 2017, it was officially reported that Axis Bank bought out Freecharge for $60 million. [18] On 22 March 2017, Ankit Khanna was appointed as COO. Prior to this, Khanna was the chief product officer of the company. [19] March 30, 2018, FreeCharge enables BHIM UPI on its Digital Wallet platform. [20]
Banks ATM Network and Customer Services (BANCS) is an interbank network in India. It was launched on 25 February 2004, with 13 member banks. It was launched on 25 February 2004, with 13 member banks. It is managed by an advisory board consisting of member banks. [ 1 ]