. Axis Bank to raise up to Rs 5,000 crore by issuing bonds - Trade FX, CFD, Stocks, BTC, Indices, Gold & Oil - 1:1000 Leverage & Bonus - CSFX

Axis Bank to raise up to Rs 5,000 crore by issuing bonds

Axis Bank to raise up to Rs 5,000 crore by issuing bonds

20 Dec 2021

“We now wish to inform you that the bank proposes to raise funds by issuing senior unsecured taxable redeemable non- convertible debentures of Rs 10 lakh each for cash at par with base issue size of Rs 2,000 crore and green-shoe option to retain over-subscription of Rs 3,000 crore thereby aggregating up to Rs 5,000 crore,” Axis Bank said in a regulatory filing.