Axis Bank to close UK subsidiary, ramp up focus on Indian business

Axis Bank to close UK subsidiary, ramp up focus on Indian business

People on a motorcycle ride past an Axis Bank Ltd. branch in Mumbai, India. Photographer: Dhiraj Singh/Bloomberg

Private sector lender Axis Bank on Thursday said it will fully wind down and close operations of its subsidiary in the United Kingdom (UK) as it focuses on the Indian banking sector.

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