Axis Bank Ltd.

Axis Bank has received an approval for allotment of Senior Notes aggregating to $30,600,000 under the MTN Programme through its Dubai International Financial Centre (DIFC) branch. The board of directors of the bank at its meeting held on April 02, 2014 has passed a resolution and approved for the same.

The bank has reported 19.06% rise in its net profit at Rs 1604.11 crore for third quarter ended December 31, 2013 as compared to Rs 1347.22 crore for the same quarter in the previous year. Total income of the bank has increased by 9.94% at Rs 9433.55 crore for quarter under review as compared to Rs 8580.30 crore for the quarter ended December 31, 2012.