What is the capital structure of a bank?
What is the capital structure of a bank?
Bank capital structure basically represents the bank’s choice of how to finance its balance sheet, that is, what mix of equity, subordinated debt, and deposits to use. It is an issue of central importance in any discussion of bank stability, and thus of great interest to regulators.
What is the old name of Axis Bank?
UTI Bank Ltd
Axis Bank was incorporated in the year 1993 with the name UTI Bank Ltd. Axis Bank is one of the first new generation private sector banks to have begun operations in 1994.
Who is the promoter of Axis Bank?
The Bank was promoted in 1993, jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India), Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance …
Who is the founder of Axis Bank?
The first branch was inaugurated on 2 April 1994 in Ahmedabad by Manmohan Singh, then finance minister of India. In 2001 UTI Bank agreed to merge with Global Trust Bank, but the Reserve Bank of India (RBI) withheld approval and the merger did not take place.
Is Axis Bank a government bank?
Axis Bank is the first private sector bank authorized by the Reserve Bank of India (RBI) and Government of India to collect taxes on behalf of the State Governments.
What is full form of Axis Bank?
Full form of Axis Bank Full form of UTI Bank: United Trust of India. Axis bank origin was in 1993 at Ahmedabad, as UTI Bank (UTI bank full form: United Trust of India). The United Trust of India (UTI) was considered as one of the largest private banks in India. On 30 July 2007, UTI Bank changed its name to Axis Bank.
How is capital structure calculated?
It is calculated by dividing total liabilities by total equity. Savvy companies have learned to incorporate both debt and equity into their corporate strategies. At times, however, companies may rely too heavily on external funding and debt in particular.
Which is the direct subsidiary of Axis Bank?
Axis Securities Ltd., Axis Finance Ltd. and Axis Securities Europe Ltd. later became direct subsidiaries of the bank in line with the RBI directives. Axis Securities Ltd.was incorporated in India on 21 July 2006. The sales and securities business, including the retail broking business of Axis Capital Ltd, was merged with ASL on 25 May 2013.
Which is the paid up capital of Axis Capital?
Axis Capital offers services in the areas of Equity Capital Markets, M&A, Private Equity, Structured Finance and Institutional Equities to investors, companies and government entities. The paid-up capital of ACL is Rs.73.50 crore.
When did Axis Bank become a bank in India?
The Bank was promoted in 1993, jointly by Specified Undertaking of Unit Trust of India (SUUTI) (then known as Unit Trust of India), Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC), National Insurance Company Ltd., The New India Assurance Company Ltd.,
What do Axis Capital and Axis trustee services do?
Axis Capital Limited provides investment banking services relating to equity capital markets, institutional stock brokering besides M&A advisory. Axis Trustee Services Limited is engaged in trusteeship activities, acting as a debenture trustee and as a trustee to various securitization trusts.