Axis Bank Targets ₹4,000 Crore from Axis Finance Stake Sale

Unknown Apr 02, 2026 550 Views

Axis Bank is planning to raise ₹4,000 crore by selling a majority stake in its non-banking finance company (NBFC) subsidiary, Axis Finance. It is part of the bank's plan to comply with Reserve Bank of India (RBI) rules on subsidiary ownership. The sale, to be finished in 3-6 months' t...

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