Immediate Joining for FRESHERS in AXIS BANK :: Salary : 2.5 - 2.85 LPA
Company Name :AXIS BankDesignation : Assistant Manager
Qualification: Any Graduates
Location: Hyderabad
Salary : 2.5 - 2.85 LPA
Job Details:
- Ensuring the quality of proposals and credit underwriting to minimize delinquency and build portfolio of expected quality
- Audit management
- Vendor and team training.
- Responsible for approval rates for designated locations
About Axis Bank :
Axis Bank Limited (formerly UTI Bank) is the third largest private sector bank in India. Although classified as a private sector bank, Axis Bank's promoters ( UTI, LIC and GIC, which collectively held approx. 34% of the shares as at 31 December 2013), are all entities owned and controlled by the Government of India.
The bank offers financial services to customer segments covering Large and Mid-Sized Corporates, MSME, Agriculture and Retail Businesses.[1] Axis Bank has its registered office at Ahmedabad.
Service Provided By Axis Bank :
Axis Bank operates in four segments: Treasury operations, Retail banking, Corporate/Wholesale banking and other banking business.
Treasury operations: The Bank’s treasury operation services include investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the account, and for customers and central funding.
Retail banking: In the retail banking category, the bank offers services such as lending to individuals/small businesses subject to the orientation, product and granularity criterion, along with liability products, card services, Internet banking, automated teller machines (ATM) services, depository, financial advisory services, and Non-resident Indian (NRI) services. Axis bank is a participant in RBI's NEFT enabled participating banks list.
Corporate/wholesale banking: The Bank offers to corporate and other organisations services including corporate relationship not included under retail banking, corporate advisory services, placements and syndication, management of public issues, project appraisals, capital market related services and cash management services.
NRI services: Products and services for NRIs that facilitate investments in India.
Business banking: The Bank accepts income and other direct taxes through its 214 authorised branches at 137 locations and central excise and service taxes (including e-Payments) through 56 authorised branches at 14 locations.
Investment banking: Bank’s Investment Banking business comprises activities related to Equity Capital Markets, Mergers and Acquisitions and Private Equity Advisory. The bank is a SEBI-registered Category I Merchant Banker and has been active in advising Indian companies in raising equity through IPOs, QIPs, and Rights issues etc. During the financial year ended 31 March 2012, Axis Bank undertook 9 transactions including 5 IPOs and 2 Open Offers.
Lending to small and medium enterprises: Axis Bank SME business is segmented in three groups: Small Enterprises, Medium Enterprises and Supply Chain Finance. Under the Small Business Group a subgroup for financing micro enterprises is also set up. Axis bank is the first Indian Bank having TCDC cards in 11 currencies.[citation needed]
Agriculture banking: 759 branches of the Bank provide banking services, including agricultural loans, to farmers.[3] As on 31 March 2013, the Bank’s outstanding loans in the agricultural sector was INR 148 billion, constituting 7.5% of its total advances
Advisory Services have been developed to advise public and private sector clients on capital structuring and funding options with a view to help the clients to help them reduce the cost of funds. The Group has also been active in advising the central and various state governments or their agencies in privatization and bid process management. The Group has successfully worked on some of the benchmark transactions in infrastructure development & manufacturing sector covering an entire range of projects across roads, railways, airports, urban infrastructure maritime, power, oil and gas, petrochemicals, cement, sugar, textiles, steel & allied sectors, auto ancillaries, paper, Information Technology (IT), etc.
Ping Pay was unveiled betwee 21st May - 25th May 2015, which is a multi-social payment solution that let customers to transfer funds using their smart phones to both Axis Bank accounts and other banks' account holders.
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