|
| Exchange Disseminated Time 23/11/2016 18:43:02 | AXIS Bank Ltd has informed BSE that the Board of Directors of the Bank vide its Resolution passed by Circulation on November 23, 2016, allotted 18,000 Unsecured Redeemable Non-Convertible Subordinated Debentures (Basel- III Compliant Tier II Debentures) (Series - 25) of the face value of Rs. 10 lakh each for cash at par aggregating to Rs. 1800 Crores (Rupees Eighteen Hundred Crore only), on a private placement basis. The said Debentures will be listed on the Wholesale Debt Market segment of the BSE Limited and National Stock Exchange of India Limited.
The said Debentures is rated “AAA" by ICRA and Ind-Ra |
|
|