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Axis Bank seeks shareholder nod to raise Rs 55,000 crore in FY27
Axis Bank is seeking shareholder approval to raise a substantial Rs 55,000 crore in FY27, comprising Rs 20,000 crore via equity and Rs 35,000 crore through debt. This move supports the bank's ongoing strategy to bolster its balance sheet by aggressively mobilizing deposits. The bank is focusing on acquiring new premium customers and deepening relationships with existing ones to drive growth and enhance customer value.
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economictimes.indiatimes.com
Timeline cronologica
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Axis Bank raises $800 million through dual bond sale
Axis Bank successfully raised $800 million through a dual tranche dollar bond, tapping into the Reserve Bank of India's concessional swap facility. The bank secured $500 million…
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Axis Bank seeks shareholder nod to raise Rs 55,000 crore in FY27
Axis Bank is seeking shareholder approval to raise a substantial Rs 55,000 crore in FY27, comprising Rs 20,000 crore via equity and Rs 35,000 crore through debt. This move…
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Axis Bank aims to strike optimal balance between growth and margins: MD
Axis Bank is poised for industry-leading growth while balancing profitability, according to MD and CEO Amitabh Chaudhry. Despite a dip in net profit for FY26, the bank expanded…