Axis Bank opens a new branch in Madurai

The private sector Axis Bank opened its branch at Ilanji at Meenakshi Nagar on the Coutralam-Madurai road on Wednesday.

The Axis Bank had 655 branches, 20 extension counters and 2,778 ATMS across the country besides presence in Singapore, Hong Kong, Shanghai and Dubai. It was also planning to expand further its international presence, he said.

The market capitalization of the bank as on April 15, 2008 was Rs.23,370 crore, he added.