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Axis Bank’s arm secures Rs 400 crore for new realty fund

03 Apr 2019 Evaluate

Axis Bank’s subsidiary -- Axis Asset Management Company has raised commitments of Rs 400 crore from domestic institutions and high net worth individuals which will be loaned to realty companies across the major cities.

The fund will be targeting investments through structured debt route in top eight cities and will look for developers with an established track record of delivery a potential for future growth.

Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.

Axis Bank Share Price

1296.10 36.35 (2.89%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 796.60
ICICI Bank 1279.45
Axis Bank 1296.10
Kotak Mahindra Bank 376.20
Indusind Bank 946.50
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