Axis Bank seeks shareholders nod to raise Rs 50,000 crore via debt securities, equity
Under the proposal, Axis Bank will raise Rs 35,000 crore through debt securities in Indian or foreign currency, while Rs 15,000 crore to be raised through issuance of equity shares or securities convertible into equity shares, Axis Bank said in a regulatory filing.
Jul 04, 2020, 01:14 AM IST
RBI has directed resolution of 12 accounts by December: Axis Bank
It said around 75 per cent of the outstanding was secured and the provision held for this outstanding was Rs 862 crore.
Sep 01, 2017, 17:02 PM IST