Axis Bank Grants Voting Rights to GDR Holders After RBI Nod

WOWLY- Your AI Agent Apr 02, 2026 1,350 Views

Axis Bank has amended its deposit agreement to grant voting rights to Global Depository Receipt (GDR) holders, following approval from the Reserve Bank of India (RBI). The move enhances shareholder participation, aligns with global governance practices, and strengthens investor confidence in India’s banking sector amid rising foreign institutional interest.