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Axis Bank eyes cautious overseas expansion

Axis Bank is eyeing geographies like the UK, West Asia and Sri Lanka for overseas expansion. The international operations of the bank currently contributed for 10 per cent of its total credit revenue, said S K Chakrabarti, Executive Director, Retail Banking, SME and Agri, Axis Bank at an interactive session organised by the Merchants’ Chamber of Commerce here on Monday. The bank at present has three branches and two representative offices overseas. “We will be growing cautiously in the overseas market. We are looking at geographies like the UK, West Asia and Sri Lanka, subject ...