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Axis Bank Picks Banks for $1.3 Billion Share Sale.

Authors :
Kalesh, Baiju
Antony, Anto
Source :
Bloomberg.com; 7/11/2019, pN.PAG-N.PAG, 1p
Publication Year :
2019

Abstract

The article reports that Axis Bank Ltd. has picked banks including Citigroup Inc. and JPMorgan Chase & Co. to arrange a planned share sale. It mentions bank has also selected Credit Suisse Group AG, BNP Paribas SA, HSBC Holdings Plc., UBS Group AG and Axis Capital Ltd. for the proposed offering. It also mentions deal would help the lender led by Chief Executive Officer Amitabh Chaudhry bolster loans and boost overall capital buffer.

Subjects

Subjects :
STOCKS (Finance)

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
137554108