News > Keeping employees happy: How this formula helped Axis Bank scale up and grow

Keeping employees happy: How this formula helped Axis Bank scale up and grow

Axis Bank has been making significant strides in financial services and creating an inclusive and employee-friendly work environment. One of its key landmarks has been the strategic and well-executed acquisition of Citi’s consumer banking business in India. The Rs 11,603-crore buy that Axis Bank completed on March 1, 2023, meant integrating Citi’s India team of 3,200 people and dealing with cultural differences between domestic and foreign entities.