Company Directory - Axis Bank Limited
Company Details - Axis Bank Limited
Axis Bank Limited
WebsiteMumbai, India
Axis Bank Limited is one of the largest private sector banks in India, offering a comprehensive range of financial products and services including retail, corporate, and investment banking. The bank is known for its innovative banking solutions and extensive network across India.
CCI Score
CCI Score: Axis Bank Limited
47.36
-0.03%
Latest Event
Axis Bank Anti-Bribery and Anti-Corruption Policy Implementation
Axis Bank Limited has released a comprehensive anti-bribery and anti-corruption policy that underscores its zero tolerance for bribery, strict adherence to ethical business practices, and robust internal controls. This policy aims to prevent improper payments and undue influence in business dealings, reinforcing a commitment to transparency and integrity.
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LEADER
Axis Bank Limited is currently rated as a Leader.
Latest Events
- JAN012025
Axis Bank Limited has released a comprehensive anti-bribery and anti-corruption policy that underscores its zero tolerance for bribery, strict adherence to ethical business practices, and robust internal controls. This policy aims to prevent improper payments and undue influence in business dealings, reinforcing a commitment to transparency and integrity.
+80
Business Practices and Ethical Responsibility
March 22
The detailed anti-bribery and anti-corruption policy demonstrates Axis Bank's strong commitment to ethical practices and transparency. By explicitly prohibiting bribery, facilitation payments, and politically motivated contributions, the bank mitigates conflicts of interest and reduces potential complicity in broader authoritarian practices. This proactive stance is aligned with progressive, anti-fascist values and encourages accountability in corporate behavior.
- OCT072024
Axis Bank, in partnership with the International Finance Corporation (IFC), has secured a $500 million climate loan aimed at boosting sustainable and blue finance infrastructure in India. This initiative underscores the bank’s commitment to ethical, ESG-aligned financing practices and demonstrates its positive role in fostering sustainable economic growth.
+70
Public and Political Behavior
March 22
Axis Bank demonstrates responsible public and political behavior by aligning with strong ESG practices and sustainable finance initiatives. This commitment serves as a counterbalance to the exploitation of political channels by authoritarian interests, thereby setting a positive example.
IFC Partners with Axis Bank to Provide a $500 million Climate Loan in India
+80
Business Practices and Ethical Responsibility
March 22
By implementing board-approved ESG policies and pioneering sustainable financing instruments such as green bonds, Axis Bank upholds high ethical business practices. This initiative supports transparent and responsible lending that deters the financing of repressive or authoritarian practices.
IFC Partners with Axis Bank to Provide a $500 million Climate Loan in India
+70
Economic and Structural Influence
March 22
The substantial $500 million climate loan enhances Axis Bank's economic influence by channeling resources into sustainable development. This move not only supports long-term economic growth but also positions the bank against leveraging economic assets for authoritarian or oppressive state agendas.
IFC Partners with Axis Bank to Provide a $500 million Climate Loan in India
- AUG152024
Axis Bank updated its Human Rights Policy effective 15 Aug 2024, reinforcing its commitment to labor rights, a safe and healthy workplace, diversity, and equal opportunity, setting a positive example in ethical business practices.
+90
Labor Relations and Human Rights Practices
March 22
Axis Bank's revised Human Rights Policy is a strong demonstration of its commitment to labor rights and ethical responsibility. The policy emphasizes a safe and healthy workplace, robust diversity, equity, and inclusion measures, and strict non-discrimination practices. These initiatives align with anti-fascist values by ensuring that the workplace is free of oppression and discrimination, thereby resisting authoritarian practices through ethical business conduct.
- JAN012023
Axis Bank Limited appears in the list of donors for the Bharatiya Janata Party (BJP) for the financial year, an action that raises concerns about its complicity in bolstering authoritarian practices through financial support. This involvement supports a system that can subvert democratic accountability.
-50
Political Contributions and Lobbying Efforts
March 22
Axis Bank's inclusion as a donor to the BJP, a party that has been linked to far-right and authoritarian practices, suggests that the bank is financially contributing to forces that undermine democratic processes. This financial engagement, as recorded in the donation data, potentially facilitates a culture of political influence and regulatory favoritism that may advance these harmful ideologies.
Bharatiya Janata Party (BJP) : Donation for Financial year-All Years
- JAN012020
Axis Bank published a comprehensive anti-bribery and anti-corruption policy that strictly prohibits political contributions without proper authorization and enforces robust internal controls to prevent unethical practices. This policy demonstrates the bank's commitment to ethical business practices and transparency, reducing the risk of indirectly supporting authoritarian or fascist influences.
+70
Political Contributions and Lobbying Efforts
March 22
The policy explicitly prohibits political contributions on behalf of the bank unless pre-approved, safeguarding against the misuse of corporate funds to influence political processes. This strong stance minimizes the risk of complexity with authoritarian practices and reinforces democratic accountability.
+85
Business Practices and Ethical Responsibility
March 22
By instituting a detailed anti-bribery and anti-corruption policy, Axis Bank reinforces ethical practices and transparency in its business conduct. This measure not only helps prevent corrupt practices but also serves as a proactive step in distancing the institution from any activities that might indirectly support authoritarian or fascist dynamics.
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