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Tag Archives: Axis Bank

Axis Bank inks pact with Army Insurance Group for retail mortgage loans

TBB BUREAU MUMBAI, NOV 10, 2021 India’s third-largest private sector bank Axis Bank on Wednesday signed an MoU with the Army Insurance Group (AGI) to offer retail mortgage loans to the Indian Army.  “The bank will offer best-in-class products and services to defence personnel to cater to their home loan requirements,” it said in a statement. Through this partnership, the ...

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Axis Bank crosses one million customers on WhatsApp banking

TBB BUREAU MUMBAI, AUG 05, 2021 Axis Bank, India’s third largest private sector bank, has crossed the milestone of over one million customers on its WhatsApp banking channel with total request count of 6 million till now. Axis Bank had launched banking services on WhatsApp in January 2021 and has since witnessed robust organic growth in its customer base for ...

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Axis Bank’s ‘Power Salute’ offers defence service salary package for Indian Army

TBB BUREAU MUMBAI, JULY 6, 2021 The country’s third-largest private lender Axis Bank on Tuesday signed a memorandum of understanding (MoU) with the Indian Army offering a defence service salary package under its “Power Salute” initiative. The Defence service salary package will offer different benefits to all ranks of army officers, Axis Bank said in a media statement. According to ...

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Axis Bank selects AWS to accelerate digital transformation

TBB BUREAU MUMBAI, JUNE 29, 2021 India’s third-largest private sector bank Axis Bank has selected Amazon Web Services (AWS) to accelerate its digital transformation programme. “As part of a multi-year agreement, Axis Bank will draw on the breadth and depth of AWS services, including containers, database, and compute, to build a portfolio of new digital financial services to bring advanced ...

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Axis Bank offers term deposits without penalty on premature closure

TBB BUREAU MUMBAI, JANUARY 11, 2021 In a continued focus to put its customers’ interests at the forefront, Axis Bank, India’s third-largest private sector bank, on Monday announced the removal of penalty on premature closure of all new retail term deposits booked on or after December 15, 2020 for a tenure of 2 years or more. The objective of this ...

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Axis Bank partners with Hyundai to offer smart financial solutions digitally

TBB BUREAU MUMBAI, JANUARY 6, 2021 India’s third largest private sector bank, Axis Bank on Wednesday announced its partnership with Hyundai Motor India Limited (HMIL) to offer the auto retail financing solutions to its customers through Hyundai’s end-to-end online automotive retail platform ‘Click to Buy’ (CTB). The partnership will allow customers to view, process and avail auto loan sanction directly ...

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