Axis Bank expands corporate play beyond loans, shuns price war
Axis Bank is broadening its corporate banking services beyond just lending.
The lender targets fee income and low-cost deposits from corporate ecosystems.
It handles collections, payments, trade finance, and salary accounts for businesses.
Investment banking and wealth management services are also offered to companies and their promoters.
This strategy aims to build liability and fee franchises by managing more corporate cash flows.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
