Will rebuild Axis Bank's brand name: Bank executive on raids

After the I-T department conducted raids on Axis Bank branches, Retail Banking Head Rajiv Anand said, “If the brand name has been tarnished, then we will certainly work very hard to rebuild it.” “We are deeply distressed to see our brand name being impacted in this manner," he stated. Earlier, RBI denied reports claiming it would withdraw Axis Bank’s licence.