Business
Segments

The Bank offers various loan and fee-based products and services to Large and Mid-corporate customers and Small and Medium Enterprise (SME) businesses. These products and services include cash credit facilities, demand and short-term loans, project finance, export credit, factoring, channel financing, structured products, discounting of bills, documentary credits, guarantees, foreign exchange and derivative products. Liability products including current accounts, certificates of deposits and time deposits are also offered to large and mid-corporate segments.

The Transaction Banking group (TxB) was formed in April 2015 to provide effective service to customers, efficient customer management and multiple products within the Corporate Banking Group. TxB provides integrated products and services to customers in areas of current accounts, cash management services, capital market services, trade, foreign exchange and derivatives, cross-border trade and correspondent banking services and tax collections on behalf of the Government and various State Governments in India.

The Treasury manages the funding position of the Bank and also manages and maintains its regulatory reserve requirements. It invests in sovereign and corporate debt instruments and engages in proprietary trading in equity and fixed income securities, foreign exchange, currency futures and options. It also invests in commercial paper, mutual funds and floating rate instruments as part of the management of short-term surplus liquidity. In addition, it also offers a wide range of treasury products and services to corporate customers.

The Bank also provides services of placement and syndication in the form of local currency bonds, rupee and foreign term loans and external commercial borrowings.

The Bank provides investment banking and trusteeship services through its wholly-owned subsidiaries. Axis Capital Limited provides investment banking services relating to equity capital markets, institutional stock broking besides M&A advisory. Axis Trustee Services Limited is engaged in trusteeship activities, acting as debenture trustee and as trustee to various securitisation trusts.

Retail liability products include savings accounts, time deposits and customised products for certain target groups, such as high networth individuals, senior citizens, working mothers, armed forces personnel, students and salaried employees.

Retail asset products include home loans, personal loans, auto loans, consumer loans, loans against gold and education loans as well as secured loans of various types. The Bank also offers payment products and services such as debit cards, credit cards, travel currency cards and point-of-sale terminals.

The Bank distributes investment products such as mutual funds and bancassurance products (Life and General Insurance) through its branches. The Bank offers online trading services to its customers in collaboration with Axis Securities Limited (a 100% subsidiary of the Bank) under the name Axis Direct - an enhanced and simplified online trading platform.