Axis Bank Ltd has updated its Global Medium Term Notes Programme, establishing a USD 5 billion framework listed on India INX. The programme enables issuance of diverse debt instruments, including ESG bonds and Tier 1 notes, strengthening liquidity and global investor access while reinforcing its capital adequacy for future growth.
Axis Bank Ltd, one of India’s leading private sector banks, announced an update to its Global Medium Term Notes (GMTN) Programme, reinforcing its international fundraising capabilities. The programme, valued at USD 5 billion, has been listed on the Global Securities Market of India International Exchange (India INX) as of December 26, 2025.
Key Highlights
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Programme Size: The GMTN framework allows Axis Bank to raise up to USD 5 billion (₹35,000 crore) through debt instruments.
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Debt Instruments: The bank may issue Additional Tier 1 Notes, long-term bonds, masala bonds, ESG-linked bonds (including green bonds), perpetual debt instruments, and Tier II capital bonds under this programme.
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Regulatory Approvals: The initiative follows board approval in April 2025 and shareholder approval in July 2025, reflecting strong governance backing.
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Global Reach: The updated offering circular is now available on India INX, NSE IFSC, and SGX exchanges, ensuring access to a wide investor base.
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Strategic Outlook: The programme enhances Axis Bank’s liquidity, capital adequacy, and ability to tap global markets, positioning it for sustainable growth.
This update underscores Axis Bank’s commitment to diversifying funding sources and strengthening its global financial presence.
Sources: India INX Circular, ScanX News, BSE Filing