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Axis Bank seek shareholders’ nod to raise Rs 35,000cr

Axis Bank has looked for endorsement of shareholders to raise Rs 35,000 crore through numerous instruments including green securities and from overseas markets.

axis bank stockThe endorsement would be looked for at Axis Bank’s 22nd Annual General Meeting of shareholders on July 22. The bank has looked for shareholders’ gesture through a special determination to raise these assets.

Axis Bank stock price

On June 24, 2016, Axis Bank closed at Rs 510.35, down Rs 16.15. The 52-week high of the share was Rs 613.40 and the 52-week low was Rs 366.65. The most recent book value of the organization is Rs 187.18 for each share. At current value, the cost to-book value of the organization is 2.73.

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