Axis Bank is proposing to raise funds by issuing Fully paid, Senior, Rated, Listed, Unsecured, Taxable, Redeemable, Long Term Non-Convertible Debentures (Series – 9). The base issue is ₹2,000 Crore, with a green shoe option to retain oversubscription up to ₹3,000 Crore, aggregating to a total of ₹5,000 Crore, on a private placement basis.
Debt Issuance Plan
Axis Bank intends to raise funds through the issuance of debt securities, specifically Fully paid, Senior, Rated, Listed, Unsecured, Taxable, Redeemable, Long Term Non-Convertible Debentures (Series – 9), on a private placement basis.
Issue Details
The base issue size is set at ₹2,000 Crore. The bank has the option to retain oversubscription up to ₹3,000 Crore. This could bring the total amount raised to ₹5,000 Crore.
Previous Approvals
This proposed fundraising follows earlier approvals from the Board of Directors and members of the bank, which were previously disclosed on April 24, 2025, and July 25, 2025. The initial approvals were for raising an amount up to ₹35,000 Crore through debt securities.
Source: BSE