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Axis bank is the 3rd largest private sector bank offering a wide assortment of financial products via its head office in Mumbai. It has 4050 branches across the country, 11801 ATMs, 4917 cash recyclers spread all over the country and nine international offices. It was founded in December 1993 as UTI Bank with its registered office in Ahmedabad and corporate office in Mumbai. The promotion of the bank took place in 1993 jointly by the Administrator of the UTI, National Insurance Company, Life Insurance Corporation (LIC), The Oriental Insurance Corporation, The New India Assurance Company, General Insurance Corporation, and the United India Insurance Company. In 2001, UTI Bank merged with Oriental Bank of Commerce. It was the pioneer bank to launch a travel currency card in 2003. In 2005, the bank was listed on the London Stock Exchange. In July 2007 it changed its name from UTI to Axis Bank. In 2014, it opened its All Women Branch in Patna.
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