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Axis Bank Ltd.

Axis Bank Ltd.

Sector: National Commercial Banks Region: India


: | Bombay Stock Exchange: 532215 | OTC Markets: AXBKY | London Stock Exchange: AXB | OTC Markets: UBTI20


Similar to: Deutsche Pfandbriefbank AG, Cullen/Frost Bankers, Inc., Susquehanna Bancshares, Inc.

Axis Bank Ltd. provides corporate and retail banking products and services. The company's products include saving accounts; fixed deposits, recurring deposits; home loans, car loans, personal loan, and loans against shares, property and security; credit cards, debit cards and prepaid cards; forex, investments in mutual fund, demat account, online trading; insurance in health, home, travel, life and other services of prepaid mobile charging, online shopping, locker and e-statement. The company operates through four segments: Treasury, Retail Banking, Corporate/Wholesale Banking and Other Banking Business. The Treasury segment operations include investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the proprietary account and for customers and central funding. The Retail Banking segment constitutes lending to individuals/small businesses subject to the orientation, product and granularity criterion and also includes low value individual exposures not exceeding the threshold limit. The Retail Banking activities also include liability products, card services, internet banking, ATM services, depository, financial advisory services and NRI services. The Corporate/Wholesale Banking segment includes corporate relationships not included under Retail Banking, corporate advisory services, placements and syndication, management of public issue, project appraisals, capital market related services and cash management services. The Other Banking Business segment includes para banking activities like third party product distribution and other banking transactions. It also provides services to personal, corporate, NRI's, agricultural and rural markets which are engaged in agricultural business, microfinance, financial inclusion and rural banking. Axis Bank was founded on December 3, 1993 and is headquartered in Mumbai, India.

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Executives

Shikha Sharma , Managing Director and Chief Executive Officer
Ms. Shikha Sharma is the Managing Director & CEO of Axis Bank since 2009.

Ms. Sharma began her career with the ICICI group where she has worked across various verticals like Project Finance, Retail Banking and Investment Banking. Her last assignment was as Managing Director & CEO of ICICI Prudential Life Insurance Company, a leading private sector life insurance company in the country.

Ms. Sharma has received wide recognition for her achievements. She is a recipient of many business awards notably; ‘Transformational Business Leader of the Year’ at AIMA’s Managing India Awards – 2012 and ‘Woman Leader of the year’ at Blooomberg - UTV Financial Leadership Awards – 2012 and Businesworld’s Banker of the Year Award - 2012. She has also been listed in prominent publications, such as Forbes List of Asia’s 50 Power Business Women - 2012, Indian Express Most Powerful Indians – 2012 and India Today Power List of 25 Most Influential Women - 2012.
Dr. Sanjiv Misra , Chairman
Dr. Sanjiv Misra graduated in Economics from St.Stephen’s College, Delhi. He has a Master’s degree in Economics from the Delhi School of Economics, a Master’s degree in Public Administration from the Harvard Kennedy School, USA and a Ph.D from the Jawaharlal Nehru University, New Delhi. At Harvard University, he was designated Lucius N. Littauer Fellow of 1987 in recognition of exceptional academic strengths and leadership qualities.

Dr. Misra was a member of the Indian Administrative Service for over 35 years during which period he held a wide range of key positions in the Federal and state governments, including as Managing Director of the Gujarat Industrial Development Corporation and stints at senior levels in the Government of India in the Cabinet Office, the Ministry of Petroleum and the Ministry of Finance. He was a Secretary in the Ministry of Finance till his superannuation in 2008. Subsequently, he served as a Member of the 13th Finance Commission, a constitutional position with the rank of a Minister of State.

Till very recently Dr. Misra was a member of the Advisory Council of the Asian Development Bank Institute, Tokyo. He was also a member of the Committee on Fiscal Consolidation (Kelkar Committee) set up by the Finance Minister in August 2012 to chart out a road map for fiscal consolidation for the Indian economy.

Dr. Misra is currently a Public Interest Director and Chairman of the Audit Committee of BSE Ltd. and an independent director on the Board of Akzo Nobel India Ltd. He also serves as a member on several government committees.
K. N. Prithviraj, Director
Mr. K. N. Prithviraj holds a Masters degree in Economics. At present, he is the Administrator of the Specified Undertaking of the Unit Trust of India (SUUTI). He has been the Chairman and Managing Director of Oriental Bank of Commerce and Executive Director of United Bank of India. He has also worked with Punjab National Bank in various capacities from 1969 to 2003.
V. R. Kaundinya , Director
Mr. V. R. Kaundinya is a Graduate in Agriculture from AP Agricultural University, Hyderabad. He also holds an MBA degree with specialization in Agriculture from Indian Institute of Management, Ahmedabad.

Mr. Kaundinya has worked extensively in the areas of productivity enhancement of farmers and improvement of their profitability through the use of high quality inputs. He has also worked on the development of seed production areas, contract farming systems in the seed / crop production areas in India and abroad. He was involved in a project that was aimed at the elimination of child labour in cotton seed farmers’ fields in Andhra Pradesh. Mr. Kaundinya was a member of the Dr. Swaminathan Committee to develop the Biotech Policy in India. He held various leadership positions in industry associations like the Indian Crop Protection Association, Association of Seed Industry and Crop Biotech Association. He has developed case studies and taught Agricultural Marketing and Rural Developments classes at Indian Institute of Management, Ahmedabad.
S. B. Mathur, Director
Mr. S. B. Mathur is a Chartered Accountant by profession. He has also completed ICWA (Part I & II) (London). He has been Chairman of the National Stock Exchange of India Limited and continues to be a Director on its Board.

He was also the Chairman of Life Insurance Corporation of India at a time when the insurance sector was opening up. Prior to taking charge as the Chairman, he was the Executive Director handling Marketing and International Operations. He has held various senior positions at LIC and attended various seminars at national and international forums.

He was appointed by the Government of India as Administrator of the Specified Undertaking of the Unit Trust of India from December, 2004 and held the position up to November, 2007. He has also been nominated as a Director on the boards of other reputed companies and is a Director at DCM Sriram Industries Ltd. since the last two years.

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