Axis Bank Limited ( formerly UTI Bank) is the third largest private sector bank in India. Although classified as a private sector bank, Axis Bank’s promoters( UTI, LIC and GIC, which collectively held approx. 34% of the shares as at 31 December 2013), are all entities owned and controlled by theGovernment of India.
The bank offers financial services to customer segments covering Large and Mid-Sized Corporates, MSME, Agriculture and Retail Businesses.axis Bank has its registered office at Ahmedabad.