Q. Which of these banks was earlier known as UTI Bank?
Answer: Axis Bank
Notes: Axis Bank was formerly known as UTI Bank. The bank was founded in 1993 and renamed Axis Bank in 2007. The name change was made to avoid confusion because several unrelated entities were using the UTI brand. Axis Bank is a private-sector bank in India that provides specialized financial services in investment banking, corporate banking, and retail banking. It is headquartered in Mumbai, Maharashtra.

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