MoneyWorks4Me

Axis Bank inks $200-million loan pact with ADB

28 Jul 2015 Evaluate

Axis Bank has inked $200-million, seven-year bilateral loan agreement with the Asian Development Bank (ADB). The loan will help bolster bank’s efforts to improve farm efficiency by extending customised and affordable agriculture credit, which will help leverage its semi-urban and rural branch network to deliver agriculture credit.

Axis Bank has 2,589 branches, including extension counters across 1,714 centres mostly in cities and towns.

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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