Axis Bank to raise $16.2 million via bonds
Thursday, March 23, 2017, 6:55 AM
Private sector Axis Bank will raise $16.2 million (Rs 106 crore) by floating bonds through its Dubai financial centre branch. The board of directors has passed the resolution approving the allotment of 1 year senior fixed rate notes of $16,200,000, Axis Bank said. The bonds are to be floated under its medium-term note (MTN) programme through its Dubai International Financial Centre (DIFC) branch.