COMPANY INTELLIGENCE PROFILE
Axis Bank Limited (formerly UTI Bank Limited)
India's third-largest private-sector bank and a scheduled commercial bank offering retail, corporate, SME and treasury banking, plus wealth management, cards, payments and digital banking.
Business Overview
India's third-largest private-sector bank and a scheduled commercial bank offering retail, corporate, SME and treasury banking, plus wealth management, cards, payments and digital banking. Balance sheet ₹16,09,930 Cr as on 31 Mar 2025 (grew ~9% YoY). Deposits ₹11,70,921 Cr and advances ₹10,81,230 Cr in FY25 (source: Business Standard / press release). Acquired Citibank India's consumer banking business (~₹11,600 Cr, completed March 2023). Sources: Axis Bank corporate profile, Screener.
Sector & Classification
NIC 65110 — Monetary intermediation of commercial banks / banking (implied by CIN class code 65110). Private-sector scheduled commercial bank.
Directors & Key Management
Directors — source notes
Board / KMPs with DINs (source: Tofler, cross-checked with TheCompanyCheck): Amitabh Chaudhry (00531120, MD & CEO); Rajiv Anand (02541753, Whole-time Director / Deputy MD); Subrat Mohanty (08679444, Whole-time Director); Munish Sharda (06796060, Whole-time Director); Girish Srikrishna Paranjpe (02172725, Independent Director); Padmanabhan Gopalaraman (07130908, Director); Meena Ganesh (00528252, Director); Parameswaran Pillai Naga Prasad (07430506, Director); Seshabhadrasrinivasa Mallikarjunarao Chamarty / S.M. Rao (07667641, Director); Pranam Wahi (00031914, Additional Director); Mini Ipe (07791184, Nominee Director — LIC); Subramanian Nurani Vishwanathan (09568559, Director). DINs sourced from Tofler; confirmed for Amitabh Chaudhry/Rajiv Anand/Meena Ganesh/Girish Paranjpe/Padmanabhan G. via TheCompanyCheck agreement.
GST Registrations
Primary/home-state GSTIN: 27AAACU2414K1ZF (Maharashtra), registered 01/07/2017, Regular taxpayer, Public Ltd Company, status Active (source: KnowYourGST). PAN: AAACU2414K. Home state: Maharashtra (operational HQ Worli, Mumbai). Number of registrations: ~65 GSTINs across states under the same PAN (source: KnowYourGST) — consistent with pan-India branch network. Other Maharashtra GSTINs seen: 27AAACU2414K3ZD, 27AAACU2414K4ZC (source: Masters India / KnowYourGST). Punjab example: 03AAACU2414K1ZP.
Financials
FY ended 31 March 2025 (FY25), audited. STANDALONE: Total income ₹1,47,934.10 Cr (+12.23% YoY); Net profit (PAT) ₹26,373.48 Cr (+6% YoY) (source: Business Standard). CONSOLIDATED (source: Screener): Net profit ₹28,191 Cr (vs ₹26,492 Cr FY24); Net worth/reserves ₹186,616 Cr; Borrowings ₹220,687 Cr; Deposits ₹11,70,921 Cr; ROE ~16%; market cap ₹3,81,637 Cr (Jul 2026). Net total income (NII + other income) ₹79,604.88 Cr = NII ₹54,347.82 Cr + non-interest income ₹25,257.06 Cr (source: FY25 results summary). Q4FY25 PAT ₹7,117.50 Cr (source: Business Standard). EBITDA not a meaningful metric for a bank — "not obtained". Note: banks do not report EBITDA; use NII/PAT/net worth. Standalone vs consolidated stated per line.
Funding History
Not applicable in the venture sense — Axis Bank is a large listed bank that raises capital through public markets (equity QIPs, infrastructure bonds, AT1/Tier-2 debt) rather than funding rounds. FY25 example: CRISIL AAA-rated ₹8,000 Cr infrastructure bond programme (source: CRISIL). No private funding rounds. "none found" for equity funding rounds.
Loans & Charges
No registered charges on the company's assets (source: Tofler). Consistent with the entity being a lender rather than a borrower against pledged assets. Status: as-reported, treat as partial pending a filings check.
Credit Ratings
Highest-grade ratings (source: CRISIL rating rationale, 14 Jul 2025): CRISIL AAA/Stable on ₹8,000 Cr infrastructure bonds; CRISIL AAA/CRISIL AA+/Stable/CRISIL A1+ reaffirmed across debt/deposit/AT1/Tier-2 instruments. ICRA ratings reaffirmed and partly withdrawn (source: ICRA, 20 Jun 2025). Rationale cites strong capitalisation (net worth ₹1,65,629 Cr as on 30 Sep 2024), strong market position, comfortable resource profile; asset quality noted average. India Ratings also rates the bank AAA (not separately re-verified here).
Legal & Compliance
Large volume of routine banking litigation (source: Indian Kanoon). Predominantly: (1) SARFAESI Act recovery/enforcement proceedings where Axis Bank is the secured creditor issuing Sec 13(2)/13(4) notices; (2) cyber-fraud account-freeze/unfreeze matters (IT Act 66C/66D, IPC 419/420) before magistrates and High Courts (e.g., Karnataka Crl.P. 794/2026); (3) tax/sales-tax writ petitions (e.g., Axis Bank vs State of Maharashtra, Bombay HC 2017; vs State of Gujarat 2024). No single material adverse case identified that threatens solvency; litigation is operational and typical for a large bank.
Competitive Landscape
HDFC Bank (largest private bank, much larger scale), ICICI Bank (large, comparable-to-larger), Kotak Mahindra Bank (large, somewhat smaller balance sheet), IndusInd Bank (mid-large private), Yes Bank (mid, smaller), Federal Bank / IDFC First Bank (mid-sized private peers). Axis is the ~3rd-largest private-sector bank by assets.
Frequently Asked Questions
What does Axis Bank Limited (formerly UTI Bank Limited) do?
India's third-largest private-sector bank and a scheduled commercial bank offering retail, corporate, SME and treasury banking, plus wealth management, cards, payments and digital banking.
What is the CIN of Axis Bank Limited (formerly UTI Bank Limited)?
Axis Bank Limited (formerly UTI Bank Limited)'s Corporate Identification Number (CIN) is L65110GJ1993PLC020769.
When was Axis Bank Limited (formerly UTI Bank Limited) incorporated?
Axis Bank Limited (formerly UTI Bank Limited) was incorporated on 03 December 1993 (source: TheCompanyCheck, Tofler; operations began 1994 as UTI Bank) and is registered with RoC-Ahmedabad, Gujarat (source: TheCompanyCheck / Tofler).
Who are the directors of Axis Bank Limited (formerly UTI Bank Limited)?
Directors on record include Amitabh Chaudhry (DIN 00531120); Rajiv Anand (DIN 02541753); Subrat Mohanty (DIN 08679444); Munish Sharda (DIN 06796060); Girish Srikrishna Paranjpe (DIN 02172725); Padmanabhan Gopalaraman (DIN 07130908); Meena Ganesh (DIN 00528252); Parameswaran Pillai Naga Prasad (DIN 07430506).
Where is Axis Bank Limited (formerly UTI Bank Limited) registered?
The registered office of Axis Bank Limited (formerly UTI Bank Limited) is at Trishul, 3rd Floor, Opp. Samartheshwar Temple, Law Garden, Ellisbridge, Ahmedabad, Gujarat 380006 (source: TheCompanyCheck, Tofler). Corporate/operational HQ: Axis House, Pandurang Budhkar Marg, Worli, Mumbai 400025 (source: KnowYourGST GSTIN record)..
Information compiled from public registry and secondary sources (as of 2026-07-28). It may be incomplete or dated; verify independently before relying on it. Known gaps: Paid-up capital differs between sources (₹622.16 Cr vs ₹620.1 Cr). Standalone vs consolidated distinction on Screener "total revenue" (₹1,27,374 Cr) is ambiguous vs Business Standard standalone total income (₹1,47,934 Cr) — figures reflect different income definitions. EBITDA not applicable to banks. Exact current count/list of all 65 GSTINs not enumerated. Charges "nil" is per Tofler only. Full board list relies primarily on Tofler; a few DINs single-sourced.