[Type text]BankModern commercialbanking, in its present form, is of recent origin. Though bank isconsidered to be an ancient institution just like money. Itsevolution can be traced inthe functions of money lender, the goldsmiths and the merchants. A bank has beenoften described as an institution engaged in accepting of deposits and granting loans.It can also be described as an institution which borrows idle resources, makes fundsavailable to. It does not refer only to a place of tending and depositing money, but looksafter the financial problems of its consumers. This era is the age of specialiation withthechangingsituationintheworldeconomy, bankingfunctions havebroadened.!inancial institutionswhichareshapedbythegeneral economicstructuresof thecountry concerned vary from one country to another. "ence, a rigid classification ofbanks is bound to the unrealistic. Origin and Development of BankingThere seem so be no uniformity amongst the economist about the origin of the word#$ank. It has been believed that the word #$ank has been derived from the %ermanword#$ankwhichmeansjoint stockof firmorfromtheItalianword#$ancowhichmeans a heap or mound. In India the ancient "indu scriptures refers to the money &lending activities in vedic period. They performed most of those functions which banksperform in modern times. 'uring (amayana and Mahabharata eras also banking hadbecome a full&fledged business activity. In other words the development of commercialbanking in ancient times was closely associated with the business of money changing.Insimplewords, bankreferstoaninstitutionthat dealsinmoney. Thisinstitutionaccepts deposits from the people and gives loans to those who are in need. $esidesdealinginmoney,bankthesedaysperformvariousother functions, suchascreditcreation, agency job and general service. $ank, therefore is such an institution whichaccepts deposits from the people, gives loans, creates credit and undertakes agencywork.[Type text]DEFINITIONS OF BANKING A bank is a finanacial institution licensed by a government. Its primaryactivity is to lend money.Many otherfinancialactivities were allowed over time.!or e)ample banks are important players in financial markets and offer financial services such as investment funds. $anking can also be defined as engaging in the business of keeping money forsavings and checking accounts or for e)change or for issuing loans and credit. Transacting business with a bank* depositing or withdrawing funds or re+uesting a loan. $ank a supply or stock held in reserve for future useMEANING OF BANKINGAn organiation, usually a corporation, charted by a state or federal government, whichdoes most or all of the following receives demand deposits and time deposits, honorsinstruments drawn on them, and pays intertest on them* discounts notes, makes loansand invests in securities* collects checks, drafts and notes* certifies depositorschecks* and issue drafts and cashiers checks.[Type text]The Hitor! of Banking Se"tor in India$ank is a financialinstitution that performs severalfunctions like accepting deposits,lending loans, agriculture and rural development etc. $ank plays an important role intheeconomicdevelopment of thecountry.It isnecessarytoencouragepeopletodeposit their surplus funds with the banks. These funds are used &for providing loans tothe industries thereby making productive investments.A bank is a financial intermediarythat accepts deposits and channels those deposits into lending activities. They are theactive players in financial market. The essential role of a bank is to connect those whohavecapitalwith those whoseek capital. Afterthe posteconomicliberaliationandglobaliation, there has been a significant impact on the banking industry.$anking inIndia originated in the ,-th century. The oldest bank in e)istence in India is the .tate$ank of India, a government&owned bank in ,-/0. .$I is the largest commercial bankinthecountry.Aftertheindependence, (eserve$ankof Indiawasnationaliedandgiven wide powers. 1urrently, India has 20 .cheduled 1ommercial$anks, 34 publicsectorbanks, 5,privatebanksand5-foreignbanks.Today,bankshavediversifiedtheir activities and are getting into new products and services that include opportunitiesincredit cards, consumer finance, wealthmanagement, lifeandgeneral insurance,investment banking, mutual funds, pensionfundregulation, stockbrokingservices,etc.!urther,most of theleadingIndianbanksaregoingglobal, settingupofficesinforeign countries, by themselves or through their subsidiaries.[Type text].tructure of Indian $anking .ector in India#$ %eerve Bank of India&(eserve $ank of India is the 1entral $ank of our country. It was established on ,st April,256 under the ($I Act of ,257. It holds the ape) position in the banking structure. ($Iperforms various developmental and promotional functions. It has given wide powers tosuperviseandcontrol thebankingstructure. It occupiesthepivotal positioninthemonetaryandbankingstructureof thecountry. Inmanycountriescentral bankisknownbydifferent names.!or e)ample, !ederal (eserve$ankof 8...A, $ankof9nglandin8.:. and(eserve$ankof IndiainIndia. 1entral bankisknownasabankersbank. Theyhavetheauthoritytoformulateandimplement monetaryandcredit policies. It is owned by the government of a country and has the monopoly powerof issuing notes.3. 1ommercial $anks;1ommercial bank is an institution that accepts deposit, makes business loans and offerrelated services to various like accepting deposits and lending loans and advances togeneral customers and business man.[Type text]Theseinstitutionsruntomakeprofit. Theycater tothefinancial re+uirementsofindustriesandvarioussectorslikeagriculture, rural development, etc. it isaprofitmaking institution owned by government or private of both.'ommer"ial (ank in"l)de p)(li" e"tor* private e"tor* foreign(ank andregional r)ral (ank&a$ +)(li" e"tor (ank&It includes.$I, sevenrivatesector banksarethosewhosee+uityisheldbyprivateshareholders. !ore)ample, I1I1I, "'!1 etc. >rivate sector bank plays a major role in the developmentof Indian banking industry.'$ Foreign Bank!oreignbanksarethosebanks, whichhavetheir headofficesabroad. 1ITI bank,".$1, .tandard 1hartered etc. are the e)amples of foreign bank in d$ %egional %)ral Bank ,%%B-&Thesearestatesponsoredregional rural orientedbanks. Theyprovidecredit foragricultural andrural development. Themainobjectiveof (($istodevelopruraleconomy. Their borrowers include small and marginal farmers, agricultural labourers,artisans etc. ?A$A(' holds the ape) position in the agricultural and ruraldevelopment.5. 1o&operative $ank;1o&operativebankwas set upbypassingaco&operativeact in,2/7. Theyareorganised and managed on the principal of co&operation and mutual help. The mainobjective of co&operative bank is to provide rural credit.[Type text]The cooperative banks in India play an important role even today in rural co&operativefinancing. The enactment of 1o&operative 1redit .ocieties Act, ,2/7, however, gavethereal impetustothemovement. The1ooperative1redit .ocieties Act, ,2/7wasamended in ,2,3, with a view to broad basing it to enable organisation of non&creditsocieties.Three tier tr)"t)re e.it in the "ooperative (anking&i. .tate cooperative bank at the ape) level.ii. 1entral cooperative banks at the district level.iii. >rimary cooperative banks and the base or local level.7. .cheduled and ?on&.cheduled banks;A bank is said to be a scheduled bank when it has a paid up capital and reserves asper the prescription of ($I and included in the second schedule of ($I Act ,257. ?on&scheduledbankarethosecommercial banks, whicharenot includedinthesecondschedule of ($I Act ,257.6. 'evelopment banks and other financial institutions;A development bank is a financial institution, which provides a long term funds to theindustries for development purpose. This organisation includes banks like I'$I, I1I1I,I!1I etc. .tatelevel institutionslike.!1s.I'1setc. It alsoincludesinvestmentinstitutions like 8TI, @I1, and %I1 etc.[Type text]Types of Banking:$anks can be classified into different groups either on the basis of their structure or on the basis of their function. .tructurally banking can be divided into $ranch banking and 8nit $anking. !unctionally, banking can be divided into 'eposit $anking, Investment $anking and Mi)ed $anking.Branch Banking:This refers to a system under which two or more banks are opened under a single ownership. 9)amples are .tate $ank of India, >unjab ?ational $ank, Indian $ank etc. which have several branches spread all&over India.Unit Banking:This refers to that system of banking in which banking operations are carried on through a single organisation, without any branches. This system used to be popular inAmerica.Ane great advantage of branch banking is that the same bank can cater to several parts of a large country 0H All the .ettlement related a#tivities for these ex#hanges are #arried out through its *apital;arket 7ivision$ "ort Bran#h$ and ;umbai.[Type text][Type text]SOT a'a%)# o, A- Ba'.Jere is a .C2& of Axis Bank + 2ne of the fastest growing banks in India.Stre'/th# Axisbankhasbeengiventheratingasoneoftopthreepositionsintermsoffastestgrowth in private se#tor banks "inan#ial express has given number two position and B&@?8;G has rated A>I. bank asthe best bank with some 46 parameters &he bank has a network of 1$493 domesti# bran#hes and B$344 A&;s &he bank has its presen#e in 9,1 #ities and towns &he banks finan#ial positions grows at a rate of 4)9 ever! !ear whi#h is a ma-or positivesign for an! bank &he #ompan!Ms net profit is O3"I. Bank had a good response interms of attra#ting new #ustomers in personal banking segmentThreat# .in#e4))9$ 'BI has in#reased *'' b! 1)) basis points In#reased repo rate reverse repo rate b! () points + 11 times of late In#reasing popularit! of OI8s due to ease in fund raising 'BI allowed foreign banks to invest up to ,49 in Indian banking Government s#hemesaremost oftenservi#edonl!b!governbankslike.BI$IndianBanks$ 8un-ab 1ational Bank et# I*I*I and J7"* are imposing strong threats in terms of their expansion in #ustomer baseb! their aggressive marketing strategies[Type text]BOARD OF DIRECTORS OF AXIS BANK&he Bank has 11 members on the Board. 7r. 8. P. 1a!ak is the *hairman and ;anaging 7ire#tor of the Bank. &he members of the Board are= NAMEDESIGNATION 7r. 8.P. 1a!ak *hairman K ;anaging 7ire#tor.hri .urendra .ingh7ire#tor .hri 1.*. .inghal 7ire#tor .hri A.&. 8annir .elvam 7ire#tor .hri P.'. Iarma7ire#tor[Type text] 7r. '.J. 8atil7ire#tor .mt. 'ama Bi-apurkar7ire#tor .hri '.B.. Iaish 7ire#tor .hri ..B. ;athur7ire#tor .hri ;.I. .ubbiah 7ire#tor .hri 'amesh 'amanathan7ire#tor MISSION AND VALUES: OUR VALUES: *ustomer .ervi#e and 8rodu#t Innovation tuned to diverse needs of individual and #orporate#lientele. *ontinuous te#hnolog! upgradation while maintaining human values. 8rogressive globaliAation and a#hieving international standards. 5ffi#ien#! and effe#tiveness built on ethi#al pra#ti#es. CORE VALUES: *ustomer .atisfa#tion through 8roviding 3ualit! servi#e effe#tivel! and effi#ientl! G.mile$ it enhan#es !our fa#e valueG is a servi#e 3ualit! stressed on 8eriodi# *ustomer .ervi#e Audits ;aximiAation of .takeholder value .u##ess through &eamwork$ Integrit! and 8eople.Ser*&+e# o,,ere0 $) the A- $a'. 8ersonal Banking[Type text] *orporate Banking 1'I Banking 8riorit! Banking IBI + 2nline pur#hases using *redit *ard IBI D ;.* + 2nline pur#hases using 7ebit *ardFeat"re# o, A- Ba'. An!where Banking Instant "und &ransfer Internet Banking At@8ar /;ulti#it!0 *he3uebook A&; #um 7ebit *ard ;obile Banking 8hone BankingF"'+t&o'# o, A- Ba'.1. .avings a##ounts4. *he#king a##ounts3. "ixed 7eposits4. Jome oans(. 8ersonal and Auto loans6. *redit *ards,. et#[Type text]