Axis Bank, country’s third largest private sector bank, has crossed over 2 lakh point-of-sale (PoS) terminals. Its PoS network is present across major segments such as departmental stores, pharmacies, super and hyper markets, jewelers, hotels, retail fashion, hospitals, education institutions, government utility payments, insurance, dining and fuel pumps in over 692 cities.
Previously, Axis Bank has launched Dynamic Currency Convertor which offers the flexibility to international cardholders to pay in their local currency. It has already introduced cash withdrawal facility on the PoS network.
Axis Bank's net profit increased by 23.62% to Rs 1,102.27 crore for the quarter ended December 31, 2011, from Rs 891.36 crore in the corresponding year-ago quarter, on the back of robust growth in both interest and fee income. Total income rose 44.54% to Rs 7,206.77 crore for the quarter under review from Rs 4,986 crore for the same quarter last year.
Company Name | CMP |
---|---|
HDFC Bank | 1696.50 |
ICICI Bank | 1219.35 |
Axis Bank | 1289.00 |
Indusind Bank | 1503.90 |
Kotak Mahindra Bank | 1830.80 |
View more.. |