Overview

Axis Bank is India’s leading private sector bank with:

• Demonstrated track record of robust balance sheet growth through various business cycles
• Growing retail business franchise
• Strong brand recognition and extensive reach through a large and growing distribution network
• Leadership in cashless and digital banking with an established technology platform
• Upgraded credit risk management and improving asset quality 
• Broad product offering to meet financial needs of customers
• Experienced and revamped management team

Deal Highlights

• The issue was priced at 2.1% discount to the last close resulting in tight discounts, signifying strong investor confidence
• Witnessed extremely strong response ensuring successful completion of the deal
• Overwhelming demand from marquee foreign and domestic institutional investors across all categories  in the face of one of the most challenging market conditions
• Issue was completed in a very short span of time, notwithstanding the macro challenges and the ongoing pandemic which is a testament to the strong franchise of Axis Bank

Diversified Set of Investors