'Axis Bank Headcount Drops By 3,000 As Digital Transformation Drives Productivity Gains,' Says CEO Amitabh Chaudhry
Published on: April 25, 2026, 9:36 p.m. | Source: Free Press Journal
Axis Bank’s workforce fell by about 3,000 in FY26 to 1.01 lakh employees, driven by efficiency gains from technology investments. The bank said the reduction was across functions, even as it added 400 branches. It reported a flat quarterly profit of ₹7,071 crore and announced ₹1 dividend per share.
