| Axis Bank proposes to raise funds by issuing Fully paid, Senior,
Rated, Listed, Unsecured, Taxable, Redeemable, Long Term Non-Convertible Debentures (Series – 9) - Base issue of Rs. 2,000 crore and green shoe option to retain oversubscription of Rs. 3,000 crore thereby aggregating Rs. 5,000 crore, on a private placement basis. |