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Axis Bank to raise $35 mn from overseas markets-news13032012

Tuesday, March 13, 2012

Private sector lender Axis Bank said it will raise $35 million (about Rs150 crore) from overseas markets under its medium-term-note programme ( MTN).

The board of directors has approved the allotment of senior notes aggregating to $22 million through its DIFC Dubai branch and $13 million through its Hong Kong Branch under the MTN Programme, Axis Bank said in a filing to the BSE.

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