Axis Bank Dadra And Nagar Haveli IFSC code, MICR code, Address
Axis Bank branch details in Dadra And Nagar Haveli
Last Updated 24th Apr 2017
Axis Bank has 2 branches in Dadra And Nagar Haveli spread over 1 districts of Dadra.
Dadra district, with 2 branches has the largest number of Axis Bank branches in Dadra And Nagar Haveli
District wise distribution of Axis Bank branches in Dadra And Nagar Haveli is as below. To find branch address, phone, IFSC code, MICR code of the branch that you are looking for, click on the district where the branch is located.
The Private lender, Axis bank has managed to reach out to 1 million micro-borrowers and hence, will focus on growing organically in the future. The bank is not likely to use inorganic route for growth by acquiring stake in existing micro finance companies. The stand is different from other lenders like Kotak Mahindra Bank and IDFC Bank who have acquired stakes in MFIs and IndusInd Bank which is in talks for acquiring stake in Bharat Financial (NBFC).
One of the private sector lenders, Axis Bank had trimmed its base rate by 10 basis points (bps) to 9.15%. The rate cut follows the recent rate cuts announced by State Bank of India and HDFC Bank which cut their base ruts by 15 bps and 25 bps to 9.1 per cent and 9 per cent respectively. However, there remains a discrepancy in the frequency and quantum of cuts in base rate and MCLR .Lowest base rate of 9 per cent of HDFC Bank remains higher than the one year MCLR rate of all banks.
The rumored Axis Bank and Kotak Mahindra Bank merger is likely to be a purely commercial decision without any government support. It is believed that neither of the banks has discussed the proposed merger plan with the Centre. Specified Undertakings of the erstwhile Unit Trust of India (SUUTI), which holds a 12% stake in Private sector lender, Axis Bank however, refused to confirm any discussions of rumored merger.
Axis Bank has announced partnership with the American Bank Well Fargo to offer money transfer from Indian Diasporas to the relatives in India. Under the arrangement, any member of Indian Diaspora with an account with Well Fargo can transfer money from USA to their relatives in India without any transactional charges. However, the person receiving the money in India is required to have an account with Axis Bank. As per sources, the banks have not applied any restriction on the amount to be transferred.
Axis Bank has received an approval from its board of directors to raise 10 million dollars of funds via debt securities under its MTN programme.The debentures with maturity of three years will be issued through Dubai International Finance Center (DIFC) branch of the bank.
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