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Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra. [8] It is India's third largest private sector bank by assets and fourth largest by market capitalisation.
Immediate Payment Service is managed by the National Payments Corporation of India (NPCI) and is built upon the existing National Financial Switch network. In 2010, the NPCI initially carried out a pilot for the mobile payment system with 4 member banks (State Bank of India, Bank of India, Union Bank of India and ICICI Bank), and expanded it to include Yes Bank, Axis Bank and HDFC Bank later ...
The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.
It also manages pension funds in India and currently has an investor base of more than 12 million live folios. UTI Mutual Fund has a nationwide reach through its distribution channels. It currently operates more than 190 branches across the country. As of 2024, UTI AMC has an Assets Under Management (AUM) of Rs.15.56 lakh crores.
Manohar Jethanand Pherwani (1934 – 21 May 1992) was an Indian corporate executive and banker who served as Chairman of the Unit Trust of India (UTI), National Housing Bank (NHB) and Infrastructure Leasing & Financial Services (IL&FS). Under his tenure of almost a decade as the chairman of UTI, the asset base of UTI grew from ₹1 billion to ...
This page was last edited on 18 August 2007, at 06:10 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...
Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791. [1] [2] [3] [4]
International business identifiers (for corporate entities i.e. companies) Business Identifier Code (BIC/ISO 9362, identifier for corporate entities i.e. companies, trade, banking (SWIFT code, international Bank code, Bank International Code) etc.) Fringe Benefits Tax (India) Tax Deduction Account Number; CIBIL; Unified Payments Interface