Axis Bank to Raise ₹5,000 Crore Through Series 9 NCD Issue; Share Price in Focus

Axis Bank announced its plan to mobilise ₹5,000 crore through a new Series 9 Non-Convertible Debenture issuance on November 21, 2025, continuing its approved fund-raising framework for the financial year. 

Axis Bank Confirms New Series 9 NCD Issue 

The Bank disclosed that it will issue fully paid, senior, rated, listed, unsecured, taxable and redeemable long term NCDs. The issue consists of a ₹2,000 crore base size along with a ₹3,000 crore green shoe option, taking the total to ₹5,000 crore.  

This issuance follows earlier approvals granted by the Board and members for raising up to ₹35,000 crore through debt securities on a private placement basis. 

Breakdown of the Proposed Fundraising 

The Series 9 NCDs will be raised on a private placement route. The earlier approvals communicated on April 24, 2025, and July 25, 2025, permitted the Bank to access debt markets to support its long-term funding needs. The NCDs will be listed and are intended to strengthen the Bank’s financial flexibility. 

Axis Bank has filed the disclosure under Regulation 30 of the SEBI Listing Regulations, informing exchanges including the NSE and BSE, and also marking submissions to the London Stock Exchange and the Singapore Stock Exchange. The Bank confirmed that the issuance aligns with its overall borrowing plan for the year. 

Read More: Societe Generale Invests ₹200 Crore in Axis Bank, Tata Capital and Sammaan Capital! 

Axis Bank Share Price Performance 

As of November 21, 2025, at 3:30 PM, Axis Bank share price closed at ₹1,275.80 down by 0.73% from the previous closing price. 

Conclusion 

Axis Bank’s plan to raise ₹5,000 crore through Series 9 NCDs reflects its ongoing capital mobilisation strategy under previously approved limits. The issuance is structured to provide additional funding flexibility once completed. 

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