Axis Bank Limited · NSE:AXISBANK
Axis Bank — Investor Day (November 2023)
21 slides from Axis Bank's investor day presentation, Nov 23, 2023
Slide 1: Building on our leadership position: Cards, Wealth Management and update on Citi integration
Building on our leadership position: Cards, Wealth Management and update on Citi integration ANALYST DAY 2023 November 23rd 2023 Analyst Day 2023 0
Slide 2: Citi Integration
Citi Integration Analyst Day 2023 1
Slide 3: Where are we in the merger
Where are we in the merger We are Apr ‘22 Jul ‘22 1st Mar '23 H1 FY25 here Announcement LD2 LD1 CCI approval System of merger Legal merger integration3 • Rigorous customer consent process ran (80%+ onboarded, • No change for Citi • Customers to use 10-15% BAU attrition) customers in banking Axis ban
Slide 4: Integration of high-quality Citi Consumer Franchise
Integration of high-quality Citi Consumer Franchise Executive summary – what does the integration add to Axis Bank Employee Integration Customers Transition Synergy Unlock Diverse talent pool of 3,200+ employees with Immediate benefits to customers (e.g. higher TD 70 synergy initiatives identified a
Slide 5: Citi customers accruing the combined benefits
Citi customers accruing the combined benefits Cards Festive Offers ~7% customers activated afresh Citi customers enjoyed Flipkart’s Big Billion Days wave 1 for the first time in Oct Investments ₹1,000+ crs of sales in new Access to incremental 400+ MF schemes and 20 Alternate (PMS & AIF) product ide
Slide 6: Customer | Planned for minimal customer disruption for LD2
Customer | Planned for minimal customer disruption for LD2 “Customers to use same account” “Customer payments won't stop” Core identifiers not changed Backend migrations for payment data Bank Account Number Beneficiaries Credit card number and Pin Billers Investment account number1 Standing Instruct
Slide 7: Wealth Management
Wealth Management Analyst Day 2023 6
Slide 8: Business Context
Business Context 3rd largest Wealth Management franchise in the country 1 Merger of two large wealth management business units A premium proposition for a marquee client base with strong relationships 2 A large NRI client base across geographies (~6.5% market share) Open architecture platform to lev
Slide 9: Amongst the largest in India's Wealth Management space
Amongst the largest in India’s Wealth Management space The coming together of the Axis & Citi franchise has created one of the largest Wealth Management businesses in India today, with managed customer assets in excess of ₹ 4.5 trillion Customer Assets ₹ 453K cr. Customer Assets ₹ 357K cr. Customer
Slide 10: The Power of One
Premium proposition for all financial requirements Simplified Banking The Power of One Business & Wealth Lending Management Burgundy Private Alliance Solutions Solutions Axis Bank | Axis Subsidiaries | Strategic Partners Strong Relationship & Service Orientation Investment Strategic 1:2 Banker to Se
Slide 11: Offering a comprehensive product suite
Offering a comprehensive product suite Holistic suite of products across asset classes combining the strength of Axis Bank, Axis Subsidiaries and other strategic partners. Leveraging wider basket of products available globally for NRI & resident customers Equity Investments • Wide range of equity In
Slide 12: The way forward
The way forward Continue to build a stable, non-cyclical franchise – Focus on growing assets with a recurring revenue Play to our "bank" strengths – Leverage power of One Axis – One-stop-shop for best-in-class offerings (across wealth, liabilities, assets and other services) – Co-create bespoke solu
Slide 13: Cards & Payments
Cards & Payments Analyst Day 2023 12
Slide 14: Investment in enablers driving business
Investment in enablers driving business… Tech Capabilities & Scale • Latest cards platform & modernized integration layer • Leading payments stack • Best-in-class digital merchant onboarding Capabilities & partnerships at Partnerships with leading players work Improved across ecosystems Capacity and
Slide 15: The Bank is enhancing its strong market position
The Bank is enhancing its strong market position Cards in force Credit card spends No.4 No.4 Market Share:14% Market Share: 12% CAGR Axis Bank ▲ 24% CAGR Axis Bank ▲ 72% (H1’21-H1’24) Market ▲ 17% Balance Sheet Growth (H’21-H1’24) Market ▲ 52% No.1* Market Share: 17% CAGR Axis Bank ▲ 38% (H1’21-H1’2
Slide 16: Establishing consistent brand presence in the market
Establishing consistent brand presence in the market Analyst Day 2023 15
Slide 17: Leading to profitable business growth
Leading to profitable business growth Accelerated growth on balance sheet and fees Higher book growth Driving higher Cards & Payments Fees 72% 3% 39% 4% YOY growth in Credit Card QOQ growth in Credit Card YOY growth in Retail Cards QOQ growth in Retail Cards portfolio in Q2FY24 portfolio in Q2FY24 &
Slide 18: Customer experience driven by innovative digital capabilities
Customer experience driven by innovative digital capabilities… EMI New Journey Pay my Dues Customer can now club and convert their EMI’s in a single page Real time settlement of CC payments through non-Axis CASA journey | Live – Sep’23 accounts | Go live Nov’23 Improved settlement TAT: • Axis Accoun
Slide 19: Iconic properties delivering 'Axis' experiences to customers
Iconic properties delivering ‘Axis’ experiences to customers Miles Transfer Program Axis Bank Dining Delights Program Duty Free Program • Enabling customers to transfer their • Unmatched benefits up to 50%+ savings • Marquee travel-based offer at 13 airports earned EDGE REWARD in India at Duty Free
Slide 20: Market Leadership | 2nd largest Merchant Acquiring Bank
Market Leadership | 2nd largest Merchant Acquiring Bank Amongst few Banks strategically committed to growing the MSME Base via acquiring Market share in POS terminals Rank 4th 2nd 2nd 2nd 18.6% 18.6% 16.6% 12.8% FY'21 FY'22 FY'23 FY'24 H1 Growth in market share with improved business and franchise p
Slide 21: Thank You
Thank You Axis Bank Document Classification | Confidentiel