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Prospect News home > News index > List of issuers A > Headlines for Axis Bank Ltd. > News item
Published on 11/21/2016 in the Prospect News Emerging Markets Daily.

India’s Axis Bank to consider selling Rs. 18 billion redeemable notes

By Susanna Moon

Chicago, Nov. 21 – Axis Bank Ltd. notified the Bombay Stock Exchange that it may issue Rs. 18 billion of series 25 unsecured redeemable subordinated debentures.

The Basel 3 compliant tier 2 debentures would have a face value of Rs. 1 million each, according to a Bombay Stock Exchange notice.

The bank is based in Mumbai.


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