Axis Bank, Bank of India eyeing to raise funds through AT-I bonds

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In FY25 so far, banks have raised Rs 8,000 crore through perpetual bonds.

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While Axis Bank aims to raise up to Rs 2,000 crore through AT-I bonds, state-owned Bank of India is targeting up to Rs 2,500 crore via the same instruments.

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Category: BusinessFinance

Markets: India

Topics: Canara Bank State Bank of India Bond issuance QIP AT-I bonds Debt capital market ECL regime Axis Bank FY25 Crisil ratings Bank of India India Ratings Perpetual bonds Capital adequacy ratio Additional tier-I bonds

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 17:30:04 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 137 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23719644

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