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AXIS Bank informs about Outcome of Board Meeting

16 Jan 2015 Evaluate

AXIS Bank has informed that the Board of Directors of the Bank at its meeting held on January 16, 2015, has approved issuance of Long Term Bonds / Non-convertible debentures up to Rs 15,000 crores on a private placement basis. 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.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
HDFC Bank 728.10
ICICI Bank 1396.80
Axis Bank 1286.45
Kotak Mahindra Bank 446.00
Indusind Bank 874.00
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