AXIS BANK

GREEN PARK MARKET

PHASE 2
NEW DELHI- 16
 INTRODUCTION :

• Axis Bank, previously called UTI Bank, was the first of the new private banks
to have begun operations in 1994, after the Government of India allowed new
private banks to be established.

• hold a special position in the Indian capital markets and has

promoted many leading financial institutions in the country.

• The bank changed its name to Axis Bank in April 2007 to avoid confusion
with other unrelated entities with similar name

• Shikha Sharma was named as the bank's managing director

and CEO on 20 April 2009
 Objectives of Bank

 Management of people wealth

 making it possible for millions to enjoy
life
 Caring for your MONEY
 Satisfaction of the concerned clients
 SERVICES

 
1. CARDS 2. Corporate banking
 
 Gold plus & gold card  Normal current
 Silver plus & silver Accounts
card  Trust/NGO saving
Accounts
 SERVICES
 
3. LOANS & ADVANCES
 
 Personal loan
 Housing loan
 Cards
 Consumer durables
 Auto loan
 INFORMATION SYSTEM

An information system(IS) is typically considered to be a set of

interrelated elements or components that collect(input),
manipulate(processes), and disseminate (output) data and
information and provide a feedback mechanism to meet an
objective
Axis Bank has implemented a new derivatives system
Summit FT

 provided by MISYS, it is a global financial applications

provider

The system will provide the bank with the ability to

structure derivative products in real time, reduce time to
market, and give a single view of the entire transaction to the
customer.

The RBI favours transparent online systems that can track

every transaction and report it exactly as it is
 COMPUTER BASED INFORMATION
SYSTEM
An Information System is an organized combination of people,
hardware, software, communication networks and the data
resources that collects, transforms and disseminates information
in a organization
  
ORGANISATION COMPUTING RESOURCES

A software system for derivatives valuation and risk management

has been adopted & implemented i.e. RISKOMPASS

provided by pyxis system, basically a pune based company

that provide on net solution for different bank in India as
well in world.

Supporting the industry standard FpML (Financial Product

Markup Language) protocol, it can manage valuation and risk
management of a broad range of derivatives
instruments.
 Employees

Corporate
Databases Corporate
databases
of intranet
of
external
internal
data
data Decision
support
systems

Transaction Databases Management Executive

Business processing of information Application support
transactions systems valid systems databases systems
transactions

Drill-down reports Expert

Exception reports systems
Demand reports
Operational Key-indicator reports
databases
Input and Scheduled
error list reports
 The implementation will provide the bank with an automated system that
reduces manual effort to streamline its operations

The benefit envisaged by the bank is that everybody being on the same
system it can be accessed by anyone on the different locations of the bank

 
The solution will result in smoother deal processing, with verifying and
online risk monitoring mechanism.

The solution is on a .NET platform, and will operate on the Windows

operating system

The database employed is Oracle 9i

 MIS IMPLEMENTATION
 Earlier Manullay

 DMS-2000-2001

 From 2006
 Conceptualizations of MIS

A management information system (MIS)is a

subset of the overall internal controls of a
business covering the application of people,
documents, technology and procedures by
management accountants to solving the
business problems such as costing a product,
service or a business wide strategy.
 Objectives of MIS

To provide the type of information environment

that will integrate the basic operating
functions.

To provide management with access to

information relative to complex activities in
decentralized organizations.
 Management Services.
 Coordinating Funds activity
between banks and their clients.

 Pick-up and processing cheques /

Drafts / Documents from clients.

 Back office support for Bank

clearances and to expedite
remittances.

 Follow-up with correspondent

banks to expedite the early
clearance of cheques and
remittances against the same.

 Follow-up with your

correspondent banks for old
outstanding amount of up country
cheques sent for clearance.
 Management Services.
 Specialized collection of cheque
and tracking of same and
reporting at the frequency
mentioned by the client.

 Collection of Duplicate DDs

against the lost / mutilated or time
barred instruments.

 Bulk cheque processing.

 Processing & Encoding of clearing

cheques.

 Data Processing, Reconciliation &

Data Management.

 High quality scanning

assignments
Verification & Processing of insurance
 Other Services…

 Management of “DROP BOXES” and complete process of

collections including MIS Reporting.

 Delivery and tracking of documents/bills to customers.

 Verification, physical as well as telephonic of addresses and

details of new subscribers.

 Complete handling of IPOs i.e. collection of subscription form

from syndicates, data entry of the forms and encoding of
cheques.

 Completely handled around 15-20 IPOs like IGL, GAIL, ONG

PTC,TCS, NTPC etc as a team member of Kotak Mahindra
Bank, IDBI, Standard Chartered bank etc.

 Verification of the details of the prospective clients for teleco

companies.
Change in the organization after mis
implementation

 Timeliness
 Accuracy
 Consistency
 Completeness
 Relevance
 Axis bank new mobile payment method
 

 Axis Bank is in advanced stages of beta testing a new method of using

java enabled mobile phones to make payments.

 After this mobile payment method is implemented, users can swipe their
mobile phone and conduct various transactions, which were earlier possible
using the credit cards.

 Atom Technologies innovated a technology, which will enable mobile

payments. Atom card- a product developed by the company and the
accompanying software can embed a user's credit card data
 Electronic Clearing Service
 

ECS Credit is an electronic clearing system that facilitates paperless

transaction through an offline system. Axis Bank facilitates ECS
Credit at all ECS designated locations
 NEFT
(Nominee Electronic Fund Transfer)

To establish an Electronic Funds Transfer System to facilitate an

efficient, secure , economical, reliable and expeditious system
of funds transfer and clearing in the banking sector throughout
India. E.g. fund transfer for railway E-ticket & Flight E- ticket
 RTGS
(Real Time Gross Settlement)
RTGS System is a payment settlement system that minimizes the

credit risk in the prevalent cheque clearing system. Under RTGS the

funds are settled on a near real time basis across Banks in different

locations. Bank offers this immediate electronic fund transfer facility

to RTGS enabled bank branches across through the country its

designated RTGS enabled locations.

 ORGANISATION TRANSACTION PROCESSING SYSTEM:

EBS (E-Billing Solutions) is the Merchant Account providing company

partnered with Axis Bank that visualizes you how to become more

competitive and help you to make the changes to your online payment

processing for risk free business.

FLOW DIAGRAM OF TPS OF AXIS BANK
 WORKING PROCESS:

Step 1: Customer select and adds item in the shopping cart And places
the order on your (merchant) website.

Step 2: Customer selects to pay via credit card .

Step 3: Customer is redirected through EBS Payment Gateway to

Transaction Processing Bank.

Step 4: Customer enters credit card details on Secured Payment

page.

Step 5: Credit card information is transmitted securely to the

corresponding bank for approval.
 Cont’d

Step 6: Corresponding bank sends appropriate information to the transaction

Processing bank.

Step 7: The result is forwarded to EBS (via the Transaction Processing Bank).

Step 8: Customer receives a confirmation and is redirected to your (merchant)

website.
 Comprehensive MIS

We provide comprehensive MIS reports like daily report,

transaction report future credits reports and cheque returned
unpaid report. On the payments side we provide daily paid – statu
for the demand drafts, cheques or warrants issued by your
Organization.
 Outputs of a
MIS
 Scheduled reports
 Produced periodically, or on a schedule (daily, weekly,
monthly)
 Key-indicator report
 Summarizes the previous day’s critical activities
 Typically available at the beginning of each day
 Demand report
 Gives certain information at a manager’s request
 Exception report
 Automatically produced when a situation is unusual or
requires management action
Thank you

Presented by:

Pratosh pandey
Preeti kukreja
Ravi sahu
vineet