Axis Bank Tamil Nadu IFSC code, MICR code, Address
Axis Bank branch details in Tamil Nadu
Last Updated 27th Feb 2017
Axis Bank has 220 branches in Tamil Nadu spread over 31 districts of Ariyalur, Chennai, Coimbotore, Cuddalore, Dharmapuri, Dindigul, Erode, Kanchipuram, Kanniyakumari, Karur, Krishnagiri, Madurai, Nagapattinam, Namakkal, Nilgiris, Perambalur, Pondicherry, Pudukkottai, Ramanathapuram, Salem, Sivaganga, Thanjavur, Theni, Thoothkudi, Tiruchiorappalli, Tirunelveli, Tiruppur, Tiruvallur, Tiruvannamalai, Tiruvarur, Vellore, Villupuram, Virudhunagar.
Chennai district, with 67 branches has the largest number of Axis Bank branches in Tamil Nadu followed by Coimbotore district with 22 branches and Erode district with 15.
District wise distribution of Axis Bank branches in Tamil Nadu 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.
Axis Bank has kept its marginal cost of lending rate unchanged for the month of February. One year MCLR of the bank stands unchanged at 8.25 percent. The new loans will be priced at the existing MCLR with effect from 18th February, 2017.
Axis Bank is set to sell its 10 percent stake in Experian India Credit Information Company to Mauritius based investment firm West Bridge Capital for Rs. 64 crore. The bank awaits approval from Reserve bank of India to move forward with the deal.
Axis Bank has hired Earthport Global Payment Networks to provide faster outbound cross border payments to its customers. Under the association, bank can, through a single connection with Earthport, send payments to almost any bank account in the world on behalf of their clients in an efficient and cost effective manner. Axis Bank becomes the first bank in India to connect with Earthport Global Payments Network present in 60 countries.
Axis Bank has registered a decline of 73 percent in its net profit at Rs. 580 crore for the quarter ending on 31st December, 2016 as compared to Rs. 2, 175 crore for the corresponding period a year ago. The decline in net profit has been caused to by a sharp rise in the non performing assets of the bank and reached Rs. 20, 466 crore during the latest quarter compared to Rs. 6, 378 crore a year ago.
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