Axis Bank has approved a proposal to raise up to ₹55,000 crore, combining debt and equity routes, according to an exchange filing on Saturday. The plan allows the lender to access multiple funding channels depending on market conditions.
Up to ₹35,000 crore may be raised through debt instruments, including long-term bonds, masala bonds and green bonds.
The remaining ₹20,000 crore is to come from equity-linked issuances such as qualified institutional placements, or overseas instruments like American and Global Depository Receipts.
The board has also recommended a final dividend of ₹1 per equity share for the financial year. The payout is subject to shareholder approval at the forthcoming Annual General Meeting.
If approved, the dividend will be paid within 30 days of the AGM’s conclusion. The record date to determine eligible shareholders has not yet been disclosed.
The announcements were made alongside the bank’s fourth-quarter results. Net profit stood at ₹7,071 crore, up 9% from the preceding quarter.
On a year-on-year basis, profit declined marginally from ₹7,117 crore. The bank reported a reduction in tax expenses of ₹2,193.2 crore after receiving approval to claim depreciation on intangible assets linked to the acquisition of Citi’s India consumer business.
Income and Margins
Net interest income rose 5% from a year earlier to ₹14,457 crore. Net interest margin was reported at 3.62%, compared with 3.64% in the previous quarter.
Asset quality indicators showed improvement during the quarter. Gross non-performing assets declined to 1.23% from 1.40% in the previous quarter and 1.28% a year earlier.
Net non-performing assets stood at 0.37%, easing from 0.42% in the prior quarter. Slippages also reduced, with fresh additions to bad loans at ₹4,709 crore, compared with ₹6,007 crore in the December quarter.
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As of April 27, 2026, 11:28 am, Axis Bank Ltd share price was trading at ₹1,316.90, down 3.59% from the previous closing price.
The bank’s disclosures combine a large capital raising plan with steady operating performance. Asset quality metrics showed some easing during the quarter.
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Published on: Apr 27, 2026, 12:22 PM IST
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