FOSTERING PLURALISM
Business Today India|May 26, 2024
Axis Bank, with its initiatives and policies, is striving to make a holistic difference to people's careers and hone their skills too
TEENA JAIN KAUSHAL
FOSTERING PLURALISM

10 AXIS BANK TOP ATTRIBUTES

FAIR AND OBJECTIVE
PROCESSES AND POLICIES
GROWTH AND LEARNING OPPORTUNITIES
ENABLES EXPRESSION OF OPINIONS

LEADING BY EXAMPLE Rajkamal Vempati, President & Head-Human Resources, Axis Bank

AXIS BANK, THE country’s third-largest private sector bank in terms of total assets, has been making significant strides not just in financial services but also in creating an inclusive and employee-friendly work environment. One of its key landmarks has been the strategic and well-executed acquisition of Citi’s consumer banking business in India. The ₹11,603-crore buy that Axis Bank completed on March 1, 2023, meant the integration of Citi’s India team of 3,200 people with the lender, and dealing with the cultural differences that typically exist between a domestic entity and a foreign one.

“The integration has progressed extremely well, and we have seen Citi employees continue to build their careers with Axis. We have seen them take on ambitious roles within both the integrated businesses, and in some cases, senior leaders have moved into large portfolios within the Axis system. In all our talent and engagement programmes, we see good representation from the Citi team,” says Rajkamal Vempati, President & Head-Human Resources at Axis Bank. In 2023-24, Axis Bank saw its net profit surge to ₹24,861 crore from ₹9,580 crore in FY23, a remarkable 160% increase. Meanwhile, its net interest income grew 16% to ₹49,894 crore from ₹42,946 crore in 2022-23.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS TODAY INDIAView all
"Moving to cloud helped us grow❞
Business Today India

"Moving to cloud helped us grow❞

What was the problem you were grappling with?

time-read
1 min  |
November 24, 2024
She's Got Time
Business Today India

She's Got Time

MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP

time-read
3 mins  |
November 24, 2024
RISING STAR
Business Today India

RISING STAR

PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.

time-read
1 min  |
November 24, 2024
Building on a Legacy
Business Today India

Building on a Legacy

WHEN ZAHABIYA KHORAKIWALA stepped into her role as Managing Director of Wockhardt Hospitals over a decade ago, she confronted formidable challenges that have since turned into achievements.

time-read
1 min  |
November 24, 2024
LEADER IN INNOVATION
Business Today India

LEADER IN INNOVATION

AS FEDEX'S PRESIDENT (Middle East, Indian subcontinent and Africa), Kami Viswanathan has a lot on her plate.

time-read
1 min  |
November 24, 2024
WAITING IN THE WINGS
Business Today India

WAITING IN THE WINGS

Here are those who missed out as they have not yet completed a year in office; they'll be strong contenders in 2025

time-read
1 min  |
November 24, 2024
A DECENT PROPOSAL
Business Today India

A DECENT PROPOSAL

IN TODAY'S WORLD OF TRYING TO CREATE AN EQUITABLE SPACE, BOTH MEN AND WOMEN CONTRIBUTE TO THEIR HOUSEHOLDS. WOMEN ARE ENCOURAGED TO HAVE THEIR OWN SAVINGS POOL AND INVESTMENT ROUTINE. GIVEN THIS, HOW SHOULD FUTURE BRIDES APPROACH FINANCIAL PLANNING?

time-read
5 mins  |
November 24, 2024
Women and the STEM Bias
Business Today India

Women and the STEM Bias

EMPOWERING WOMEN IN STEM WILL NOT ONLY BENEFIT INDIVIDUALS, BUT ALSO STRENGTHEN THE ENTIRE INDUSTRY, DRIVING INNOVATION AND PROGRESS.

time-read
3 mins  |
November 24, 2024
ROCKET WOMEN
Business Today India

ROCKET WOMEN

WOMEN IN INDIA ARE NOT ONLY VENTURING INTO SPACE BUT ARE ALSO STARTING TO SPEARHEAD THE COUNTRY'S EFFORTS IN THE GLOBAL SPACE RACE.

time-read
6 mins  |
November 24, 2024
ONE STEP FORWARD
Business Today India

ONE STEP FORWARD

THE NUMBER OF WOMEN INDEPENDENT DIRECTORS IS GROWING STEADILY, BUT IT'S A LONG WAY FROM GENDER PARITY. MUCH MORE NEEDS TO BE DONE TO BREAK THE GLASS CEILING IN BOARDROOMS.

time-read
6 mins  |
November 24, 2024