Axis Bank Limited operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Axis Bank Limited with three other
companies in this sector in India:
sales of 487.48 billion Indian Rupees [US$7.00 billion]
of which 36%
was Retail Banking Operations),
Punjab National Bank Ltd
(576.06 billion Indian Rupees [US$8.27 billion]
of which 34%
was Treasury), and
Bank of Baroda Ltd
(539.59 billion Indian Rupees [US$7.74 billion]
of which 36%
was Corporate/Wholesale Banking).
During the year ended March of 2018, sales at
Axis Bank Limited were 584.93 billion Indian Rupees (US$8.39 billion).
a very small
increase of 1.5%
versus 2017, when the company's sales were 576.01 billion Indian Rupees.
This was the fifth consecutive year of sales increases at Axis Bank Limited
(and since 2013, sales have increased a total of 73%).
Sales of Retail Banking saw an increase
that was more than double the company's growth rate: sales were up
15.6% in 2018, from
203.66 billion Indian Rupees to 235.53 billion Indian Rupees.
Axis Bank Limited also saw significant increases in sales in
Other Banking (up 10.9% to 14.33 billion Indian Rupees)
Not all segments of Axis Bank Limited experienced an increase in sales in 2018:
sales of Treasury fell 8.8% to 147.27 billion Indian Rupees.
Axis Bank Limited also experienced decreases in sales in
Corporate Banking (down 5.2% to 187.64 billion Indian Rupees)