Private player Axis Bank plans to raise capital upto Rs 6,520.24 crore through upper and lower tier II bonds.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
		google_ad_client = 'businessstandard';
		//google_ad_client = 'ca-businessstandard_js';
		google_ad_width = 200;
		google_ad_height = 200;
		google_ad_format = "200x200_as";
		google_ad_type = "text";
		google_ad_channel = "";
		//google_color_border = "FFFFFF";
		google_color_border = "F7F7F7";
		//google_color_bg = "FFFFFF";
		google_color_bg = "ffffff";
		//google_color_link = "639ACE";
		google_color_link = "0253B7";
		google_color_text = "000000";
		google_color_url = "D63431";
		//google_skip = adsenseSkip;
		</script> 
		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>It will raise capital in Indian and foreign currency in tranches to support the business growth and&nbsp; Basel II norms. Its capital adequacy ratio at the end of March 2008 stood at 13.73 per cent.</P></p><p class='TableClas'></p></table>


Axis Bank plans to raise upto Rs 6,520.24 cr

Also Read

Axis Bank to borrow Rs 6,520.24 cr

AppLabs aims global revenue of Rs 520 cr

Emami art auction fetches Rs 24 crore

GNFC profit doubles to Rs 124 crore

RNRL net profit surges 128% to Rs 24 crore

Explore News