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Axis Bank to raise $35 mn abroad under MTN

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Press Trust of India Mumbai
Last Updated : Jan 21 2013 | 2:31 AM IST

Private sector lender Axis Bank today said it will raise $35 million (about 150 crore) from overseas markets under its medium-term-note programme (MTN).

The board of directors has approved the allotment of senior notes aggregating to $22 million through its DIFC Dubai branch and $13 million through its Hong Kong Branch under the MTN Programme, Axis Bank said in a filing to the BSE.

Shares of Axis Bank closed at Rs 1,223.25, up 0.84%, on the BSE.

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First Published: Mar 12 2012 | 7:42 PM IST

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