Aggregating Rs 3500 crore
Axis Bank proposes to raise funds by issuing Unsecured, Subordinated, Perpetual, Additional Tier 1, Basel III compliant Non-Convertible Debentures (Series - 28) of the face value of Rs. 10 lakh each for cash at par aggregating to Rs. 3,500 crore. The Board of Directors of the Bank will consider the proposal to issue and allot the above Securities through Circular Resolution.Powered by Capital Market - Live News
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