Axis Bank forays into retirement biz with pension fund management, crosses Rs 100 cr in AUM

The bank has launched a step-down subsidiary Axis Pension Fund Management through its subsidiary Axis Asset Management Company, which marks its foray into the retirement business, the statement added. Axis Bank's chief executive and managing director Amitabh Chaudhry said Axis Pension Fund will capitalise on the investment management capabilities and distribution strength of the group and aims to be the preferred retirement solutions provider.

from Banking/Finance-Industry-Economic Times https://ift.tt/zZMYfOQ