Axis Bank opens two new branches

Written by Agencies | Mumbai, March 29: | Updated: Mar 29 2008, 22:27pm hrs
Private sector lender Axis Bank announced the opening of two new branches at Sion (east) in the city and New Panvel near Mumbai.

"This marks yet another step toward 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 customers," Axis Bank's President (West Zone) S K Nandi said in a statement issued here.

Axis Bank presently has 650 branches, 20 extension counters and 2,715 ATMs across India.

It also has a presence in Singapore, Hong Kong, Shanghai, and Dubai, and has plans to expand its global footprint further.

The bank's market capitalisation as on March 9 stood at Rs 30,069 crore, making it the fourth largest bank in the country by market capitalisation.