Axis bank looks at mega stake sale to raise $1.3 billion so that it can lend more

The deal would help the Mumbai-based lender enhance risk buffers and support loan growth at a time when shadow banks in the country are battling a liquidity crunch due to rising wariness in the nation’s credit market.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2J8qtIb