Axis Bank aims to augment small-ticket loans this year: MD & CEO Chaudhry

Axis Bank is working on augmenting small-ticket loans, crop loans to small and marginal farmers and microfinance business loans for women borrowers from low-income households during the year, managing director and CEO Amitabh Chaudhry said on Friday.
The bank has created a distinctive ‘Bharat Bank’ unit with tailored rural products, an increased footprint through branches and a digital presence, partnerships with facilitators like Common Services Centers (CSCs), and village-level entrepreneurs enabled by multiple agri-commodity-focused ecosystems, he said.
“Among the private sector banks, we are the second largest in the MSME space by book size, and our constant pursuit of redefining customer experience in the digital age has led to various digital innovations poised to transform the banking paradigm of tomorrow,” he said at the India SME 100 Awards here.
With a forward-looking approach, he said, “we have evolved our processes on a solid digital infrastructure established over the .

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