Axis Bank looks to bolster Axis Finance’s capital; roping in a strategic partner an option
By getting in a strategic partner, the Bank can dilute equity its stake in the subsidiary and raise some capital for it, the official said. There is also a possibility that the subsidiary can fund its future growth by deleveraging
By getting in a strategic partner, the Bank can dilute equity its stake in the subsidiary and raise some capital for it, the official said. There is also a possibility that the subsidiary can fund its future growth by deleveraging
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