Axis Bank Ltd 2023 AR2
The report highlights Axis Bank's strategic and financial performance for fiscal year 2022-2023, marked by the landmark acquisition of Citibank's India consumer business. The bank achieved a consolidated return on equity of 18.84% (excluding exceptional items) and a 30% growth in net interest income. On the sustainability front, Axis Bank made significant progress on its ESG-aligned commitments, reaching cumulative incremental financing of ’20,400 crores toward sustainable sectors. Additionally, the bank advanced its diversity goals, with women representing 25.7% of the workforce, and expanded its digital banking capabilities through the Axis 2.0 and Project NEO platforms.
Company: Axis Bank Ltd
Sector: Finance & insurance
Country: India
Year: 2023
Type: AR2
Pages: 376
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Axis Bank Ltd
Annual Report
The report highlights Axis Bank's strategic and financial performance for fiscal year 2022-2023, marked by the landmark acquisition of Citibank's India consumer business. The bank achieved a consolidated return on equity of 18.84% (excluding exceptional items) and a 30% growth in net interest income. On the sustainability front, Axis Bank made significant progress on its ESG-aligned commitments, reaching cumulative incremental financing of ’20,400 crores toward sustainable sectors. Additionally, the bank advanced its diversity goals, with women representing 25.7% of the workforce, and expanded its digital banking capabilities through the Axis 2.0 and Project NEO platforms.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
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
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees