Axis Bank raises ₹12,500 crore via QIP from GIC, others2 min read 22 Sep 2019, 11:07 PM IST
The fundraise makes Axis the third bank to raise funds via a QIP this year
Axis Bank sells shares in the QIP at ₹628-629 per share
MUMBAI : Private sector lender Axis Bank Ltd has raised ₹12,500 crore in India’s second-largest qualified institutional placement (QIP) from large foreign and local investors, said two people aware of the development.
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