Axis Bank opens yet another branch in Mumbai at Parel

Axis Bank today opened yet another branch in Mumbai at Parel, further strengthening its presence in the city. Mr. Arvind Arya, Senior Vice President, Western Zone, Axis Bank inaugurated the Bank’s branch at Ground Floor, Centre Point, Babasaheb Ambedkar Marg.

Speaking on the occasion of the inauguration of the branch, Mr. Arya said, “This marks yet another step towards the extensive consumer banking focus that we are providing across the country and reinforces our commitment to bring superior banking services, marked by convenience and closeness to our customers.”

About Axis Bank: Axis Bank is the third largest private sector bank in India.  Axis Bank offers a vast spectrum of services encompassing Large and Mid-Corporate Banking, SME Banking, Agri-Business Banking, Retail Banking and International Banking. 

Axis Bank has a network of 974 branches and 4244 ATMs across the country. The branches, spread across more than 612 cities and towns, enable the Bank to reach out to a large cross-section of customers with an array of products and services catering to both the retail and the corporate segment.

Axis Bank has presence in Singapore, Hong Kong, Shanghai and Dubai, and seeks to expand further its international presence. Axis Bank has the second largest EDC network, the third largest ATM network in India and also has the fourth largest base of debit cards in the country. Axis Bank has a customer base of over 100 Lakhs and provides payroll services to over 20,000 Corporates across 38 Lakh salary accounts. The market capitalisation of the Bank as on March 19, 2010 was Rs. 46,559 crores (NSE) which makes the Bank the fourth largest in terms of market capitalisation in India.

The Bank’s centralised database enables customers to operate their accounts from anywhere in the country. The Bank’s website www.axisbank.com offers comprehensive details about its various schemes.