[9] The remaining 69.19% shares are owned by mutual funds, FIIs, banks, insurance companies, corporate bodies and individual investors.
[18] The Indian government intends to sell a 20.7% stake in Axis Bank in February 2014 for 57 billion rupees, equivalent to 925 million dollars.
[21] As of 31 December 2024, the bank had a network of 5,706 branches and extension counters, 14,476 automated teller machines and cash recyclers.
[23][24] It even operates an automated teller machine at one of the world's highest sites at Thegu, Sikkim at a height of 4,023 meters (13,200 ft) above sea level.
[25] The bank has nine international offices with branches at Singapore, Hong Kong, Dubai (at the DIFC),[clarification needed] Shanghai,[26] Colombo and representative offices at Dhaka, Dubai, Sharjah and Abu Dhabi, which focus on corporate lending, trade finance, syndication, investment banking and liability businesses.
[37] Following the 2016 Indian Banknote Demonetisation, a number of Axis Bank employees were arrested for facilitating money laundering activities.
[47] eKYC (electronic know your customer)[48] is an online, paperless Aadhaar card-based process for fulfilling KYC requirements to start investing in mutual funds without the submission of any documents.
[49] Axis Capital Ltd. was incorporated in India as a wholly owned subsidiary of the bank on 6 December 2005 and received its certificate of commencement of business on 2 May 2006.
[citation needed] In 2024, Axis Capital was barred from taking on any new debt assignments by SEBI, the Indian securities regulator, on account of irregularities it found in the non-convertible debentures (NCDs) issue of Sojo Infotel, a tech consultancy.
[51] Some commentators saw larger implications for Axis Bank including potentially higher non-performing assets hidden from the balance sheet.
[53] Axis Private Equity Ltd. was incorporated in India as a wholly owned subsidiary of the bank on 3 October 2006 and received its certificate of commencement on 4 December 2006.