Business

Axis Bank to expand digital footprint in T.N.

Lender to add more cash recyclers

Axis Bank is exploring the possibility of enhancing its digital footprint in Tamil Nadu by adding cash recyclers, said a top official.

“We are a dominant player in Tamil Nadu, having 314 branches, 1,400 automated teller machines (ATMs) and 300 cash recyclers,” said Ravi Narayanan, president, head-branch banking, Axis Bank.

“We were the early movers and have been in Tamil Nadu for the last 25 years,” he said. Cash recyclers are used for depositing cash round the clock.

“This year, we will add 28 branches and 34 ATMs in Tamil Nadu.” He added the bank was planning to double its market share and triple the book size.

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Printable version | Feb 25, 2020 6:10:28 AM | https://www.thehindu.com/business/axis-bank-to-expand-digital-footprint-in-tn/article28102247.ece

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