trending Market Intelligence /marketintelligence/en/news-insights/trending/jUaHVurufJuKtL5eJx9trA2 content esgSubNav
In This List

Axis Bank to issue 50B rupees of debentures

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks

Blog

Anticipate the Unknown A Fundamentals Approach to Detect Early Signs of Private Company Credit Deterioration


Axis Bank to issue 50B rupees of debentures

Axis Bank Ltd. plans to issue 50 billion Indian rupees of nonconvertible Basel III-compliant Tier 2 debentures.

The bank said June 12 that the issuance and allotment of the unsecured, redeemable, subordinated debentures are subject to board approval.

As of June 12, US$1 was equivalent to 64.48 Indian rupees.