A. Mumbai Explanation: Axis Bank Limited is the third largest private sector bank in India, has been headquartered in Mumbai, Maharashtra. Recent Activities of Axis Bank: India‘s largest insurer Life Insurance Corporation of India (LIC) has signed an agreement with private sector lender Axis Bank as its bancassurance partner wherein the bank will distribute LIC‘s products to its customers. Global payments leader SWIFT announced ICICI Bank and Axis Bank have become the first domestic lenders to sign up for its global payments innovation initiative, which already has over 70 other leading banks globally. Axis Bank has signed an agreement with Thailand‟s Kasikorn Bank to enhance cooperation in trade and investment.