AFL is positioned to offer products in the retail as well as corporate banking segments. On 8 JanuaryAxis Bank announced the opening of its Shanghai Branch, thus becoming the first Indian private sector bank to set up a branch in China.
ACL ACL was incorporated in India as a wholly-owned subsidiary of the Bank on 6th December and received its certificate of commencement of business on 2nd May In March, they opened their branch at Bandra West, Mumbai.
Manmohan Singhthe then Finance Minister of India. To ensure smooth flow and management of complaints under Whistleblower policy, a web-based application — www.
During the yearnew branches were added to the Bank's network taking the total number of branches and extension counters ECs to 1, In Decemberthe Bank launched their merchant acquiring business.