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Axis Bank and IndusInd Bank aim to raise Rs 4,000 cr

Axis Bank and IndusInd Bank aim to raise Rs 4,000 cr

Axis Bank is aiming to raise about Rs 2,000 crore via additional tier 1 (AT1) or perpetual papers locally after it tapped overseas investors. Those papers are expected to yield 7.9-8.1 per cent.


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25 November 2021, 16:53