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.
Axis Bank is seeking shareholder approval to raise Rs 55,000 crore in FY27, including Rs 20,000 crore through equity and Rs 35,000 crore via debt. This capital infusion aims to strengthen the bank's balance sheet and support its strategy of aggressive deposit mobilization. The…
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