Axis Bank Ltd.

Axis Bank is planning to raise Rs 5000 crore by issuing Senior Unsecured Taxable Redeemable Non- Convertible Debentures (NCDs) (Series - 6) of Rs 10 lakh each for cash at par with base issue size of Rs 2,000 crore and Greenshoe option to retain oversubscription of Rs 3,000 crore.

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.