Private sector Axis Bank Wednesday said it will consider raising funds in Indian as well as foreign currency by issuing debt instruments at its two-day board meeting beginning April 25.
The board will also approve the audited financial results for the January-March quarter and the full fiscal 2018-19 which ends on March 31, Axis Bank said in a filing to the BSE.
The bank's board will consider and approve "borrowing/raising funds in Indian currency/foreign currency by issue of debt instruments including but not limited to bonds and non-convertble debentures...," it said.
Shares of Axis Bank closed at Rs 760.15 apiece, up 0.39 per cent on the BSE.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app