Axis Bank has successfully secured USD 300 million from international investors, aimed at bolstering its growth initiatives. With a coupon rate of 5.348 percent, the newly issued senior notes will be listed on the India International Exchange and NSE IFSC. This issuance aligns with all necessary regulatory standards, demonstrating the bank’s commitment to growth.
Sebi lowers stress testing limit for commodity derivatives
The Securities and Exchange Board of India (Sebi) has announced a significant reduction in the Z-score limit for stress testing in commodity derivatives, lowering it