Axis Bank Ppt.

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ABOUT AXIS BANK Axis Bank was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the specified undertaking of the • Unit Trust of India (UTI - I), • Life Insurance Corporation of India (LIC) and • General Insurance Corporation of India (GIC) . The Bank today is capitalized to the extent of Rs. 359.76 crores with the public holding (other than promoters) at 57.79%. •

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