Today news
About the same in other media
Axis Bank board approves Rs 55,000 crore fundraise via mix of debt and equity
Reading now: 597
Axis Bank on Wednesday announced that its board has approved the raising of funds worth Rs 55,000 by way of a mix of debt and equity.
Of the total approved plan, the lender will raise around Rs 35,000 crore through issue of various debt instruments including long term bonds, masala bonds, sustainable, optionally/compulsorily convertible debentures among others.
The remianing Rs 20,000 crore will be by issue of equity shares or related securities.
More to come....
(You can now subscribe to our ETMarkets WhatsApp channel)
Read more on economictimes.indiatimes.com
About this in other media
Axis Bank brings expats to India in push to woo global firms economictimes.indiatimes.com /6 months ago
Czech central bank cuts a key interest rate again with inflation down and the economy on the mend abcnews.go.com /6 months ago
Bank Nifty outperforms Nifty 50 in April; Can the banking index hit 50,000 soon? Analysts weigh in livemint.com /6 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
