Mumbai, June 23 -- Axis Bank on Tuesday outlined its aggressive growth and transformation strategy for Maharashtra, highlighting a unified "phygital" approach that blends expanding physical reach with advanced digital capabilities.

Speaking at the Axis Bank press meet in Mumbai, senior leadership showcased how the bank's evolving branch network is backing the state's economic momentum.

Providing more details, Axis Bank boasts a robust domestic network of 6,275 branches. Maharashtra remains a pivotal growth engine for the bank, supported by a dense localised network of 640 branches and 2,021 ATMs and cash deposit machines, with Mumbai alone commanding 262 branches.

However, this expansion represents a fundamental shift in how physical b...