Axis Bank on Friday announced the elevation of three key executives—Sameer Shetty, Bipin Saraf, and Rajkama Vempati—into prominent leadership positions within the bank. These changes coincide with the upcoming retirement of Deputy Managing Director Rajiv Anand, who will retire in August 2025 after completing his third term. The announcement follows a modest decline in the bank's net profit for the March quarter, although total income showed growth.