Bengaluru, April 24,2025 : The Board of Directors of Axis Bank Limited approved the financial results for the quarter and year ended 31st March 2025 at its meeting held in Mumbai on Thursday, 24th April 2025.
This quarter was marked by several industry-first initiatives at the Bank. Axis Bank was the first Indian bank to execute an aircraft financing transaction through its International Banking Unit (IBU) at GIFT City IFSC, facilitating a USD loan for the purchase of 34 training aircraft by Air India. It also became the first financial institution in India to launch near-real-time, 24/7 programmable USD clearing capabilities for its commercial clients using Kinexys Digital Payments. These capabilities amongst others launched during the year, positions Axis Bank’s International Banking Unit as the transaction bank of choice operating out of GIFT City.
The Bank hosted Defence Conclave 2025 to bolster India’s defence ecosystem through improved financial access and strategic innovation. Burgundy Private, Axis Bank’s private banking business partnered with Hurun India to release the ‘2024 Burgundy Private Hurun India 500’, showcasing India’s most valuable companies that contribute a sizeable chunk to the nation’s GDP and employment. The Bank also partnered with India SME Forum to present ‘The India SME 100 Awards 2025’, celebrating the outstanding contribution of MSMEs to India’s growth story.
Strengthening its commitment to social impact, Axis Bank launched ‘Mission4Million’ to assist 2 million additional vulnerable households through livelihood programs and skill development initiatives. The Bank also entered strategic multi-year partnerships with the National Cancer Grid, Indian Cancer Society, and St. Jude India to enhance cancer care access and research, benefiting around 8 lakh Indians.
The Bank won several prestigious awards on platforms of eminence last quarter, including the BT-KPMG Award for Best Bank for Talent and Workforce; Triple A Asset Award for Best Deal in Sustainable Finance, Best Bond for NBFI and Airport; ICAI Silver Shield for Excellence in Financial Reporting FY23-24 and IBA Banking Technology Citations 2024 for Best Technology Bank.
Amitabh Chaudhry, MD&CEO, Axis Bank said, “The Bank prioritised profitability over growth, considering the uncertain macros and tight liquidity environment dominating most of FY25, while continuing to meaningfully invest in making the franchise more sustainable. As we enter FY26, we believe the operating environment is improving, which should help us drive both growth and profitability.
