Axis Bank Ltd 2022 AR2
The report highlights Axis Bank's financial and ESG performance for the fiscal year 2021-2022. The bank achieved a strong 98% year-on-year growth in profit after tax, reaching ’13,025 crores, and expanded its retail and wholesale banking franchises. On the ESG front, Axis Bank became the first Indian bank to constitute a standalone ESG Committee of the Board and successfully raised India's first sustainable Additional Tier 1 (AT1) bond of US $600 million. Additionally, the bank committed to incremental positive-impact financing of ’30,000 crores by fiscal 2027 and made significant strides in financial inclusion and community development through the Axis Bank Foundation.
Company: Axis Bank Ltd
Sector: Finance & insurance
Country: India
Year: 2022
Type: AR2
Pages: 316
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Axis Bank Ltd
Annual Report
The report highlights Axis Bank's financial and ESG performance for the fiscal year 2021-2022. The bank achieved a strong 98% year-on-year growth in profit after tax, reaching ’13,025 crores, and expanded its retail and wholesale banking franchises. On the ESG front, Axis Bank became the first Indian bank to constitute a standalone ESG Committee of the Board and successfully raised India's first sustainable Additional Tier 1 (AT1) bond of US $600 million. Additionally, the bank committed to incremental positive-impact financing of ’30,000 crores by fiscal 2027 and made significant strides in financial inclusion and community development through the Axis Bank Foundation.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees