Indicating that some public sector banks may be in line for consolidation, Finance Minister Arun Jaitley said that there is nothing sacrosanct about the government holding on to its shares in SUUTI.
In an exclusive interview with CNBC-TV18, Jaitley said that the government is open to various options with respect to its stake in Axis Bank, which it holds through the Specified Undertaking of the Unit Trust of India.
Refuting news of being in talks with other private banks, the FM said that there have been no discussions yet on selling stake in Axis Bank to a private party.
“Selling our shares to any particular party or individual has not been discussed,” he said.
Earlier, news reports came which suggested that Kotak Mahindra Bank had approached the government seeking a merger with Axis Bank. Both the banks have refuted this news.
Axis Bank Sector 10 Panchkula Branch, Haryana Contact Details
Branch Name: Panchkula Sector 10
Address: SCO 10, Sector 10, Opp. Bus Stand Panchkula, Haryana – 134109
Contact Number: (0172) 464 2200/ 464 2203/ 464 2206
Fax No: (0172) 464 2212
Branch ID: 067
MICR Code: 160211002
IFSC Code: UTIB0000067
Axis Bank Sector 10 Panchkula Branch, Haryana Timings:
Monday to Friday: 9:30 am – 3:30 pm
Saturday: 9:30 am – 1:30 pm
Working Days: Monday to Saturday
Weekly Off: Sunday
Axis Toll-Free Number: 1800-233-5577/ 1800-209-5577/ 1800-103-5577
Services & Facilities Available by Axis Bank
Personal Banking: Easy Access Savings Account, Krishi Savings Account, Salary Account, Prime Savings Account, Priority Account – Resident, Women’s Savings Account, Demat Account, Senior Citizen’s Account, Azaadi – No Frills, Pension Savings Account, Trust/NGO Savings Account.
Deposits: Fixed Deposits, Recurring Deposits, Encash 24, Tax Saver Fixed Deposit.
Loans: Home Loan, Car Loan,Loan against security, Education Loan, Loan Against shares.
Forex: Travel Currency Cards, India Travel Card, Outward Remittance, Foreign Currency Travellers Cheques, Foreign Currency Cash.
Insurance: Motor Insurance , Business Advantage, Safe Home, Family Health, Safe Home Plus, Silver Health, Critical Illness, Jewellery Insurance.
Normal Current Account,Business Advantage Account, Krishi Current Account, Business Select Account, Business Global Current Account, Club 50 Current Account, Business Privilege Account, local Current Account, Channel One, Current Account for Pharma, current Account for Govt Organisations, Current Account for Banks.
Capital Market: Axis Infra Index, Capital Market Funding, Private Equity, Mergers & Acquisitions, Custodial Services ,Trusteeship Services, Equity Solutions.
Forex, Currency Futures, Money Market, Constituent SGL Facilities, Trade & Forex Services, Retailing of Government Securities.
Cash Management Services: Yes
Govt. Business: Authorisation, Direct Tax Payment, State Tax Payment, Other Services, Pension Disbursement, e-Governance Tie-ups, e-Payments.
Agri & Rural
Agri Business: Kisan Power, Powertrac, Contract Farming, Arthia Power, Power Gold, Other Products.
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