Axis Bank Ltd.

BSE: 532215 | NSE: AXISBANK
Large Cap | Bank - Private
1260.10
-35.25 (-2.72%)
< Home < Back

Axis Bank to raise Rs 35,000 crore

Date: 27-06-2016

Axis Bank is planning to raise Rs 35000 crore through multiple instruments including green bonds and from overseas markets. The bank is seeking shareholders' approval at its 22nd annual general meeting to be held on July 22, 2016. The funds, which would be within the overall borrowing limits of the bank, will be raised in one or more tranches on a private placement basis.

Axis Bank offers wide range of services such as Personal Banking, Corporate Banking, NRI Banking, Priority Banking, VBV - Online purchases using Credit Card and VBV / MSC - Online purchases using Debit Card. The bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence.