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Axis Bank gains on getting over 10 million customers for AI platform ‘Axis Aha!’

Axis Bank is currently trading at Rs. 816.65, up by 4.30 points or 0.53% from its previous closing of Rs. 812.35 on the BSE.

The scrip opened at Rs. 812.35 and has touched a high and low of Rs. 821.20 and Rs. 811.90 respectively. So far 214555 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 826.55 on 06-Jun-2019 and a 52 week low of Rs. 499.05 on 29-Jun-2018.

Last one week high and low of the scrip stood at Rs. 821.35 and Rs. 801.65 respectively. The current market cap of the company is Rs. 213666.78 crore.

The promoters holding in the company stood at 18.70%, while Institutions and Non-Institutions held 70.86% and 10.42% respectively.

Axis Bank in partnership with Active.Ai has launched ‘Axis Aha!’ in early 2018, has seen a surge in usage of its conversational AI platform on their mobile banking app which has over 10 million customers.

As Indian consumers are doing lot more on their mobile phones, the need for easy interactive human-like conversations to make their life simpler has surged. Simple FAQ chatbots are insufficient as consumers want contextual engagement with ability to assist and allow them to make qualified choices.

Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses

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