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IIFCL Plans Record $1 Billion Overseas Loan, Seeks Additional ADB Funding

By Uniquetimesorg June 29, 2026 0

India Infrastructure Finance Company Ltd. (IIFCL) is planning to raise $1 billion through an overseas loan, which would be the largest foreign-currency borrowing in the company’s history. The state-owned infrastructure financier is also in discussions with the Asian Development Bank (ADB) for an additional 20-year loan of around $400 million. The move follows recent Continue Reading

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Axis Bank Plans ₹50 Billion Debt Raise Through Private Placement

By Uniquetimesorg November 21, 2025 0

Axis Bank announced on Friday that it will raise up to ₹50 billion through debt securities via private placement as part of its ongoing capital-raising strategy. The lender aims to secure ₹20 billion through debentures, with an additional ₹30 billion available under a green shoe option to meet investor demand. The bank did not disclose […]Continue Reading

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Axis Bank Shares Jump 4% on Strong Q2 Performance, Asset Quality Improvement

By Uniquetimesorg October 16, 2025 0

Shares of India’s private lender Axis Bank surged 4% on Thursday following the release of its September-quarter results, driven by improved asset quality and balance sheet growth. By 9:30 a.m. IST, the stock climbed as much as 4.04% to 1,216.9 rupees, making it the top gainer on the Nifty 50, which was up 0.4%. Axis […]Continue Reading

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Citi’s India consumer business will be acquired by Axis Bank for $1.6 billion

By uniquetimes March 30, 2022 0

Citi announced in a press release that Axis Bank will acquire Citi’s consumer businesses in India for a cash consideration of approximately $1.6 billion. According to the statement, the transaction involves the sale of Citibank India’s consumer banking businesses, which include credit cards, retail banking, wealth management, and consumer loans. Citi chose Axis Continue Reading