Axis Bank to infuse Rs 1,500 cr in NBFC arm over next 12 months
Published on: March 18, 2026, 3:17 p.m. | Source: Daily Excelsior
NEW DELHI, Mar 18: Axis Bank on Wednesday said it has approved the proposal to infuse Rs 1,500 crore in its NBFC arm Axis Finance Ltd (AFL) via rights issue over next one year to fund business growth. The Acquisitions, Divestments and Merger Committee of the Board of Directors of the bank at their meeting on March 18, 2026, has approved the proposal to infuse Rs 1,500 crore in AFL in one or more tranches before March 31, 2027, Axis […]
