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Axis Bank bags ‘Overall Most Productive Bank’ and ‘Best Risk Master’ award at FIBAC 2011
Raipur, September 15, 2011: Axis Bank India’s third largest Private sector bank received the
‘Overall Most Productive Bank’ and ‘Best Risk Master’ awards in the private sector category at
the ‘FIBAC Banking Awards 2011’. The awards were presented by Maharashtra Chief Minister
Prithviraj Chavan in Mumbai for productivity excellence, at the conclusion of the three day FICCI-
IBA Conference on 'Global Banking: Paradigm Shift'. Shri S. K. Chakrabarti, Deputy Managing
Director, received the awards on behalf of Axis Bank.
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Shri S.K.Chakrabarti said “Axis Bank is delighted to receive two FIBAC 2011 awards. This is in
recognition of our commitment to provide excellent banking services to our customers and will
motivate us to further strengthen our resolve.’’
‘Overall Most Productive Bank’ is awarded to the most efficient user of all the inputs into the
banking business, including financial and human capital, while at the same time not compromising
on capturing growth opportunities. It is meant to reward all round excellence in managing all
aspects of productivity essential in banking, from operating costs to risk management to capital
efficiency. ‘The ‘Best Risk Master’ award recognizes the bank that has consistently demonstrated
excellent achievements in the areas of credit assessment; monitoring and recovery capabilities.
About Axis Bank: Axis Bank is the third largest private sector bank in India. Axis Bank offers the
entire spectrum of services to customer segments covering Large and Mid-Corporates, SME,
Agriculture and Retail Businesses.
With 1411 branches (including extension counters) and 6,871 ATMs across the country, as on 30th
June 2011, the network of Axis Bank spreads across 932 cities and towns, enabling the Bank to
reach out to a large cross-section of customers with an array of products and services. The Bank
also has overseas offices in Singapore, Hong Kong, Shanghai, Dubai and Abu Dhabi.
The Bank’s website www.axisbank.com offers comprehensive details about its products and
services.
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