🇮🇳🇦🇪🇸🇬BRICSOPECLive. At least one live or integrated claim that is not marked historical and is not a second-order hop.
Indian private bank. Named as joining Ripple’s network in April 2017. On 22 November 2017 Axis said it was the first Indian institution to offer Ripple-powered instant payments: retail inward from RAKBANK (UAE) and corporate inward from Standard Chartered (Singapore). RippleNet.
Each claim is stored at project level. Integrated means a capability was implemented; live requires evidence of actual operation.
Ripple customerAnnounced
Axis Bank was named by Ripple on 26 April 2017 among ten financial institutions joining Ripple’s global payments network.
Geographic basis: India headquarters. · Activity: India
Company announcement
Ten More Financial Institutions Join Ripple’s Global Payments Network
Ripple · published 2017-04-26 · checked 2026-09-09
New customers named: MUFG, BBVA, SEB, Akbank, Axis Bank, YES BANK, SBI Remit, Cambridge Global Payments, Star One Credit Union and eZforex.com. BBVA is described as using Ripple for real-time payments between Europe and Mexico. Akbank is described as the first bank in Turkey to adopt blockchain. MUFG said it was joining the Japan Bank Consortium.
Joining the network is recorded as a RippleNet membership. 2026 status not confirmed from this 2017 release.
On 22 November 2017 Axis Bank announced it had launched instant international payment services using Ripple’s enterprise blockchain: retail customers in India receiving from RAKBANK in the UAE, and corporate customers in India receiving from Standard Chartered in Singapore, with destination credit in minutes and end-to-end visibility.
Geographic basis: Receiving in India; sending from UAE (RAKBANK) and Singapore (Standard Chartered). · Activity: India, United Arab Emirates, Singapore
Uncertainty: 2026 continuity of the 2017 corridors was not re-confirmed from an Axis product page. The 2017 launch does not mention XRP.
Company announcement
Axis Bank launches Ripple-powered instant payment service for retail and corporate customers
Axis Bank · published 2017-11-22 · checked 2026-09-09
Axis Bank said it was the first financial institution in India to offer a Ripple-enabled frictionless payments experience: retail customers in India receiving from RAKBANK in the UAE, and corporate customers in India receiving from Standard Chartered Bank in Singapore. Transactions were described as reaching the destination account in minutes with certainty of settlement and end-to-end visibility. XRP is not mentioned.
Bank-primary 2017 launch. Ripple enterprise blockchain / RippleNet. Later Axis product pages were not found restating this corridor as current in 2026.
Ripple-powered Instant Payment Services Now Live with Axis Bank, RAKBANK, and Standard Chartered
Ripple · published 2017-11-22 · checked 2026-09-09
Ripple announced that Axis Bank (India), Standard Chartered (Singapore) and RAKBANK (UAE) would use RippleNet for live cross-border payments: real-time on-demand corporate payments from Standard Chartered to Axis Bank on the Singapore–India trade corridor, and retail remittances from RAKBANK to Axis Bank. Marcus Treacher (Ripple), Gautam Jain (Standard Chartered), Himadri Chatterjee (Axis Bank) and Peter England (RAKBANK) are quoted. XRP is not mentioned.
Live RippleNet corridors as of November 2017. 2026 continuity was not re-confirmed from bank product pages for this record.
The named product is Ripple’s enterprise blockchain / RippleNet. Axis Bank’s 2017 release does not identify XRP as the bridge asset.
Geographic basis: UAE–India retail remittance and Singapore–India corporate payments. · Activity: India, United Arab Emirates, Singapore
Company announcement
Axis Bank launches Ripple-powered instant payment service for retail and corporate customers
Axis Bank · published 2017-11-22 · checked 2026-09-09
Axis Bank said it was the first financial institution in India to offer a Ripple-enabled frictionless payments experience: retail customers in India receiving from RAKBANK in the UAE, and corporate customers in India receiving from Standard Chartered Bank in Singapore. Transactions were described as reaching the destination account in minutes with certainty of settlement and end-to-end visibility. XRP is not mentioned.
Bank-primary 2017 launch. Ripple enterprise blockchain / RippleNet. Later Axis product pages were not found restating this corridor as current in 2026.
Ripple-powered Instant Payment Services Now Live with Axis Bank, RAKBANK, and Standard Chartered
Ripple · published 2017-11-22 · checked 2026-09-09
Ripple announced that Axis Bank (India), Standard Chartered (Singapore) and RAKBANK (UAE) would use RippleNet for live cross-border payments: real-time on-demand corporate payments from Standard Chartered to Axis Bank on the Singapore–India trade corridor, and retail remittances from RAKBANK to Axis Bank. Marcus Treacher (Ripple), Gautam Jain (Standard Chartered), Himadri Chatterjee (Axis Bank) and Peter England (RAKBANK) are quoted. XRP is not mentioned.
Live RippleNet corridors as of November 2017. 2026 continuity was not re-confirmed from bank product pages for this record.
Whether the 2017 corridors still run on RippleNet in 2026 was not independently confirmed.
X-Index (xindex.info) is an independent community research directory. v0.9.9 adds Documents from a user-supplied PDF list: ECB 2015 virtual-currency analysis, Ripple’s 2021 House of Lords evidence, Palau PSC press, a World Bank CBDC energy note citing Ripple’s XRP table, and academic papers (Jani, Mokeeva/Novosibirsk lab cite, Firouzi, etc.) labeled Academic — not institutional endorsement. A 2018 student overview is not a bank customer. v0.9.8 adds Shariyah Review Bureau’s March 2022 Sharia Analysis of Ripple/XRP (alongside the existing XRP Compliant screen) and Ripple’s 2023–2024 seat on the BIS CPMI PIE task force — a historical industry-committee membership, not a current listing and not XRP as a G20 rail. v0.9.7 adds a Documents catalog of institutional and business pages that actually name Ripple, XRPL, or XRP — a caption or screenshot is not the source. Flags are headquarters plus sourced activity countries. A BRICS or OPEC mark is country membership, not a bloc partnership. A past announcement is not a current-day connection. Counts are documented organizations in this database, not exhaustive national adoption. Last updated 2026-09-09. Not affiliated with Ripple.
