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Market Closed -
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5-day change | 1st Jan Change | ||
| 1,127 INR | +5.98% |
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+10.08% | +2.21% |
| 12:36pm | Banking Stocks Lift Indian Equities Higher | MT |
| 07:53am | India's Axis Bank re-appoints Amitabh Chaudhry as MD, CEO | RE |
By P.R. Venkat
Axis Bank Ltd. said Thursday that its board has approved raising up to 150 billion rupees ($1.99 billion) in funds.
The bank could issue equity shares, or convertible securities linked to equity shares, and also make placements to qualified institutions, Axis Bank said.
American Depository Receipts or Global Depository Receipts through preferential allotment could also be considered, it said.
Write to P.R. Venkat at venkat.pr@wsj.com
| 1st Jan change | Capi. | |
|---|---|---|
| +2.21% | 39.41B | |
| +13.16% | 301B | |
| +9.16% | 249B | |
| +23.49% | 212B | |
| +17.11% | 172B | |
| +7.31% | 161B | |
| +4.27% | 153B | |
| -11.61% | 138B | |
| -1.63% | 137B | |
| +2.86% | 125B |
AXIS BANK LIMITED 
