INSUBCONTINENT EXCLUSIVE:
said its Qualified Institutions Placement (QIP) has attracted good response from the global and domestic investor community and has been
oversubscribed, with the aggregate final transaction size being Rs 12,500 crore.One of country's largest private sector banks, Axis Bank
last week announced the opening of its QIP to raise funds to enhance its capital adequacy, in line with regulatory requirements, for its
2019."We understand that the transaction is the largest ever QIP by a private sector issuer in India
Despite a challenging macro-economic and market environment, the placement has witnessed strong reception from the global and domestic
price of Rs 629 per equity share at a tight discount of 1.44 per cent over the closing price of the issue opening date of September 19,
an endorsement of Axis Bank and its strong fundamentals
We are deeply honoured by the faith that all stakeholders from the financial community have placed on the Axis Bank franchise and the
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