Axis Bank has positioned Odisha as a key growth market driven by inclusive banking, digital innovation, and a steadily expanding MSME ecosystem, president and head of branch banking, north and TASC business, Reynold D’Souza said here on Monday.
He stated that the bank is set to play a more proactive role in supporting Odisha’s key economic clusters, which include MSME and trading hubs in Cuttack, Bargarh, Balasore, Ganjam, and Nayagarh, as well as industrial and metal belts such as Angul, Rourkela, Jharsuguda, and Kalinga Nagar, along with the rapidly emerging IT and services ecosystem in Bhubaneswar.
D’Souza mentioned that the bank network will undergo sustained expansion across districts. Currently, it operates around 258 branches, including 35 branches in Bhubaneswar, along with 300 ATMs and cash recyclers in the state. As the first private sector bank integrated with the state treasury, it facilitates seamless digital collections and also serves as the primary banker for the Odisha One portal.
“Odisha is a strategically important market for Axis Bank, not only for its growth potential but also for the opportunity it offers to build inclusive and sustainable banking models. We are focused on contributing to the state’s progress through strong partnerships, responsible banking, and innovation-led solutions that create long-term value for communities, businesses, and institutions alike,” D’Souza said.
