AXIS Bank has received an approval to issue Long Term Bonds / Non-convertible debentures upto Rs 15,000 crore on a private placement basis. The board of company at its meeting held on January 16, 2015 has approved for the same. The approval of shareholders of the Bank in terms of the provisions of Companies Act 2013 is proposed to be obtained by way of Postal Ballot.
Axis Bank has 2,505 domestic branches & extension counters and 13,146 ATMs across the country, as on September 30, 2014, the network of Axis Bank spreads across 1,686 cities and towns, enabling the Bank to reach out to a large cross-section of customers with an array of products and services.
