MIS AT

INTRODUCTION
Axis Bank, previously called UTI Bank, was the first of the new private

banks to have begun operations in 1994, after the Government of India allowed new private banks to be established.
hold a special position in the Indian capital markets and has

promoted many leading financial institutions in the country.

The bank changed its name to Axis Bank in April 2007 to avoid confusion

with other unrelated entities with similar name Shikha Sharma was named as the bank's managing director and CEO on 20 April 2009

INFORMATION SYSTEM
An information system(IS) is typically considered to be a set of interrelated elements or components that collect(input), manipulate(processes), and disseminate (output) data and information and provide a feedback mechanism to meet an objective

COMPUTER BASED INFORMATION SYSTEM

An Information System is an organized combination of people, hardware, software, communication networks and the data resources that collects, transforms and disseminates information in a organization

RESOURCES FOR MIS AT AXIS BANK

Software used

RISKOMPASS (software for derivatives and risk management) Software developed by Pyxis system, a Pune based company Operating system used Windows operating system
Database used oracle 9i

Change in the organization after MIS implementation

Timeliness

Accuracy
Consistency Completeness

Relevance

DEVELOPMENTS IMPLEMENTED THROUGH MIS

MOBILE PAYMENT METHOD Java enabled mobile phones to make payments. users can swipe their mobile phone and conduct various transactions, which were earlier possible using the credit cards.

A 2-D bar code will store this credit card detail, which will be unreadable for the user and will keep the credit card details safe even when the mobile phone is stolen or lost. Whenever, the mobile phone user has to make a payment he will have to provide his PIN details. After embedding the credit card details into the mobile phone, the instrument can be used in place of credit cards.