Axis Bank Limited is the third largest private sector bank in India. Axis Bank's stake holders include prominent national and international entities. As of 31 Dec. 2013, approximately 43% of the shares are owned by Foreign Institutional Investors. Promoters (UTI, LIC and GIC), who collectively held approx. 34% of the shares, are all entities owned and controlled by the Government of India. The remaining 23% shares are owned by corporate bodies, financial institutions and individual investors among others. The bank offers financial services to customer segments covering Large and Mid-Sized Corporates, MSME, Agriculture and Retail Businesses. Axis Bank has its registered office at Ahmedabad.