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Axis Bank raises $20 million through senior notes in International Market

07 Nov 2014 Evaluate

Axis Bank has raised $20 million through senior notes in the International Market. The bank on November 06, 2014 has allotted Senior Notes aggregating to $20 million under the MTN Programme through its Dubai International Financial Centre (DIFC) branch.

The bank’s net profit for first quarter ended June 30, 2014 rose by 18.29% at Rs 1666.76 crore as compared to Rs 1408.93 crore for the quarter ended June 30, 2013. Its total income increased by 10.17% to Rs 9980.47 crore for the quarter under review from Rs 9059.12 crore for the corresponding quarter of the previous year.

Peers
Company Name CMP
HDFC Bank 735.80
ICICI Bank 1326.50
Axis Bank 1220.00
Kotak Mahindra Bank 403.40
Indusind Bank 912.50
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