Axis Bank, India’s third largest private sector bank, has been conferred the Certificate of Recognition for excellence in Corporate Governance by the Institute of Company Secretaries of India (ICSI), for the year 2015. The recognition has been instituted by the ICSI to identify, foster and reward the efforts by Indian companies in creating and establishing an atmosphere of good corporate citizenry. The Bank is among the top 5 companies across industries and the only Bank in the country to be bestowed with the honour.
Rajesh Dahiya, Group Executive, Axis Bank
Commenting on the recognition, Rajesh Dahiya, Group Executive, Axis Bank said, “It is indeed an honour for us to receive such a coveted recognition for Corporate Governance in the country. We stay committed to implementing and practicing the highest global standards of corporate governance in the organisation to create value for all our stakeholders in an inclusive and ethical manner."
About Axis Bank
Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.With its 2,743 domestic branches (including extension counters) and 12,352 ATMs across the country, as on 30th September 2015, the network of Axis Bank spreads across 1,796 cities and towns, enabling the Bank to reach out to a large cross-section of customers with an array of products and services. The Bank also has overseas offices in UK, Singapore, Hong Kong, Shanghai, Colombo, Dhaka, Dubai and Abu Dhabi.
About ICSI
The Institute of Company Secretaries of India, a premier professional body has been set up under an Act of Parliament to develop and regulate the profession of Company Secretaries. The Institute functions under the administrative jurisdiction of the Ministry of Corporate Affairs, Government of India. The ICSI National Award for Excellence in Corporate Governance has been established in pursuit of excellence and to identify, foster and reward the culture of globally evolving acceptable standards of corporate governance among Indian companies.
Courtesy by www.businesswire.com
