{
  "id": 1597588,
  "title": "Axis Bank expands corporate play beyond loans, shuns price war",
  "url": "https://urgent.news/2026/08/17/axis-bank-expands-corporate-play-beyond-loans-shuns-price-war",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T19:27:21.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/axis-bank-expands-corporate-play-beyond-loans-shuns-price-war/articleshow/133308830.cms"
  },
  "original_language": "en",
  "account": "Axis Bank is broadening its corporate focus beyond traditional loans, aiming to generate fee income and low-cost deposits, according to the bank's wholesale banking head, Vijay Mulbagal. In an exclusive interview, Mulbagal stated that the lender is targeting various aspects of corporate finance, including collection, payments, trade finance, taxes, and salary accounts. Additionally, Axis Bank is offering investment-banking and wealth-management services to companies and their promoters. The bank emphasizes that it will not compete solely on pricing, but rather on its ability to understand credit risks and provide tailored solutions. Mulbagal noted that Axis Bank sees lending opportunities in various sectors such as power, commercial real estate, large conglomerates, mid-corporates, and medium enterprises. The bank expects to build its liability franchise and generate transaction fees as more corporate cash flows pass through its operations. While private capital expenditure is picking up, the recovery remains uneven, with some investments funded through internal accruals rather than bank loans. Mulbagal remains optimistic about the economy's ability to absorb disruptions and maintain resilient demand.",
  "summary": "Axis Bank is broadening its corporate banking services beyond just lending. The lender targets fee income and low-cost deposits from corporate ecosystems. It handles collections, payments, trade finance, and salary accounts for businesses. Investment banking and wealth management services are also offered to companies and their promoters. This strategy aims to build liability and fee franchises…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}