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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 , are all entities owned and controlled by the Government of India. Indian Business: As on 31-Mar-2014, the Bank had a network of 2402 branches and extension counters and 12922 ATMs. Axis Bank has the largest ATM network among private banks in India and it operates an ATM at one of the world’s highest sites at Thegu, Sikkim at a height of 4,023 meters 13,200 ft above sea level.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.