The Finance Minister of India, Smt. Nirmala Sitharaman lauded the efforts of Axis Bank, India’s third largest private sector bank, for dedicating its Mon branch, which is now the first private sector bank branch in Mon District, Nagaland. Axis Bank recently dedicated four branches in the North-East region. It includes the Mon Branch at Mon District, Nagaland; Madanrting Branch at East Khasi Hills District, Meghalaya; and two in Assam, namely, Demow Branch at Sibsagar District and Gohpur Branch at Biswanath District.
It was a proud moment for the Bank as the Finance Minister of India graced the new branch at Mon and addressed its people in the presence of Mr. Amitabh Chaudhry, MD & CEO, Axis Bank and Mr. Ravi Narayanan, Group Executive & Head – Branch Banking, Retail Liabilities & Products, Axis Bank. With the launch of Mon branch, Axis Bank became the maiden private sector bank in the district to cater its citizens, reinstating the Bank’s commitment towards financial inclusion for all in line with the Government of India’s vision. In Nagaland, Axis Bank has the 2nd largest network of branches and area covered amongst all Banks. The Madanrting Branch in Meghalaya, the Bank’s 12th branch in the state, has been set up specifically to address the banking requirements of the defense personnel and business communities based in the East Khasi Hills district.
The Demow branch will cater to the banking requirements of workers in the Tea Plantation estates in Assam, while Gohpur branch will also extend various banking services to the citizens. With these two additions, Axis Bank’s total number of branches in Assam would be 90.
