COMAPNY ANALYSIS Introduction Axis Bank Limited, formerly UTI Bank, is an Indian financial services firm that had

begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the Specified Undertaking of the Unit Trust of India (UTI-I), Life Insurance Corporation of India (LIC), General Insurance Corporation Ltd., National Insurance Company Ltd., The New India Assurance Company, The Oriental Insurance Corporation and United India Insurance Company UTI-I holds 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. On 24 February 2010, Axis Bank announced the launch of 'AXIS CALL & PAY on atom', a unique mobile payments solution using Axis Bank debit cards. Axis Bank is the first bank in the country to provide a secure debit card-based payment service over IVR.

Branch Network The Bank's Registered Office is at Ahmadabad and its Central Office is located at Mumbai. At the end of March 2012, the Bank has a very wide network of 1,622 domestic branches and extension counters and at end of March 2012 there were 9,924 ATMs situated in 1,050 cities and town. The Bank today is capitalized to the extent of 4.099 billion with the public holding (other than promoters and GDRs) at 53.63%. It is also listed in the top 100 most trusted brands of India in the Brand Trust report. Axis Bank operates the worlds highest ATM site at Thegu, Sikkim at 13,200 feet above sea level.

Company Profile Axis Bank Limited is an India-based bank. The Bank operates in four segments: treasury operation, which includes investments in sovereign and corporate debt, equity and mutual funds, trading operations, derivative trading and foreign exchange operations on the account, and for customers and central funding; retail banking, which includes lending to individuals/small businesses subject to the orientation, product and granularity criterion, and also includes liability products, card services, Internet banking, automated teller machines (ATM) services, depository, financial advisory services, and non-resident Indian services (NRI); corporate/wholesale banking, which includes corporate relationships not included under retail banking, corporate advisory services, placements and syndication, management of publics issue, project appraisals, capital market related services, and cash management services, and other banking business, which includes para banking activities.

SERVICES 1. Retail Banking Deposit Schemes Loans and Advances (i).Personal Loans (ii).Housing Loans (iii).Cards (iv).Auto Loans 2. Personal Banking Term Deposits Fixed Deposits Recurring Deposits Different variants of cards Gold plus cards, silver and silver plus cards 3. Corporate Banking Accounts (i).Normal Current a/c (ii).NGO savings a/c Services (i).Private Equity, mergers and acquisitions (ii).Advisory services (iii).Capital market funding (iv).E-broking

CAPITAL STRUCTURE The capital structure of a company refers to the mix of the long term finances used by the firm. It is the financing plan of the company. Features of an Optimal Capital Structure (i). ProfitabilityThe use of fixed charges sources of funds such as preference shares, debentures and term loans along with equity capital in the capital structure is described as financial leverage. The company should make maximum use of leverage at a minimum cost. (ii). FlexibilityThe capital structure should be flexible. The company should be able to raise funds whenever required and also pay-off debts whenever it becomes too costly to continue with that particular source.

(iii). ControlThe capital structure should involve minimum dilution of the company. (iv). SolvencyThe use of excessive debt threatens the solvency of the company. Companies now prefer public issues with the sole purpose of reducing debt.

DIVIDEND

FINANCIAL PERFORMANCE

SHARE PERFORMANCE

INVESTMENT PORTFOLIO The book value of the Banks investment portfolio as on 31st March 2012 was `93,192 crores, of which, 58,533 crores related to government securities while `34,659 crores were invested in other securities such as corporate bonds, equities, preference shares, mutual funds etc. 73% of the government securities have been classified in the HTM category while 99% of the Bonds & Debentures portfolio have been classified in the AFS category. The distribution of the investment portfolio in the three categories as on 31st March 2012 in each category was as follows: