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Axis Bank gets nod to increase authorized share capital to Rs 850 crore

17 Dec 2012 Evaluate

Axis Bank has received an approval to increase the authorized share capital from Rs 500 crore to Rs 850 crore. The board at its meeting held on December 17, 2012 has approved for the same.

Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering large and mid-corporate, SME, agriculture and retail business.

Peers
Company Name CMP
HDFC Bank 714.25
ICICI Bank 1352.80
Axis Bank 1253.40
Kotak Mahindra Bank 413.80
Indusind Bank 961.85
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