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Following lgoin Indian Banknote We trade options book, a number of Axis Bank employees were arrested for facilitating money laundering activities. An Indian online magazine conducted a sting operation which was publicised along with videos evidence showing a wide range of violations and money-laundering schemes by top officials at a number of Indian banks, including Axis Bank.

Consequently, penalty of Rs 5 crore on Axis Bank, Rs 4. The bank launched Ping Pay inwhich is a multi-social payment solution that allows customers to transfer funds using their smart phones to both Axis Bank accounts and other banks' account holders.

Axis Bank augmented reality feature within its mobile app which lists all the dining destinations, property lists, hank centers, bank ATMs, branches and many other things not only as a location on GPS but also in real life pictures along with distance and indian stock trading strategies. The innovation hub located in Bengaluruhas an in-house innovation team and an accelerator programme.

With this launch, Axis Bank becomes the first Indian bank to introduce a dedicated innovation lab in the country. Customers can get instant loan approval and disbursement[50] fard gets credited directly into their account. The bank has launched an online locker booking facility through the mobile app to allow customers to check availability from their homes and book instantly.

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A new tablet-based loan origination system developed to digitize the entire lending process of MFI business. This will replace the existing paper based loan sanctioning process. Axis Bank offer contactless multicurrency Forex cards to Do banks trade binary options travelers enabling faster and more convenient transactions while abroad.

Asha home loans, our home loan product, caters to the first time home buyers in the lower income segment, and helps them by providing affordable EMI options.

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The first step in starting your investment in mutual fund is KYC compliance. KYC verification enables anybody to open new accounts with all SEBI-registered intermediaries such as mutual funds, stock brokers, shane chin forex managers, depository participants, venture capital funds and Collective Investment Schemes eliminating the need to repeat standard KYC.

In-person verification IPV and sighting the original documents needs to be completed smarr a competent person. Axis Bank has partnered with Visa to launch 'eKYC' electronic know your customer facility, first organisation in India to introduce biometrics -based KYC, offering convenience, speed and ease to Aadhaar-registered individuals to open bank accounts.

From Wikipedia, the free encyclopedia. This is the latest accepted revisionreviewed on 4 October Axis Bank Limited Type. Retrieved 26 January Retrieved 8 September — via The Economic Times.

Retrieved 8 October Now, wait for the next Big Thing". Retrieved 1 October Sunday Times Sri Lanka.

Reserve Bank of India. Retrieved 31 August Retrieved 4 October Retrieved 25 December ED arrests 2 bank managers for laundering".

Press Trust of India. Retrieved 3 October Retrieved 11 December Axis Bank now allows e-KYC to open account".

Archived from the original PDF on 3 January Limca Book of Records. Get the Mobile Banking app.

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Axis Bank Multi-currency Forex Card

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Description:Mar 18, - Axis Bank on Sunday opened a representative office in Sharjah, to better serve its customers in the emirate and to expand its retail offerings to.

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