A pedestrian wearing a protective mask walks past an Axis Bank Ltd. branch on a near-empty street in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
Holding More Capital Than Necessary Even In Severe Stress, Says Axis Bank’s Chaudhry
Axis Bank Ltd., which raised Rs 10,000 crore via a qualified institutional placement, will see its capital adequacy ratio jump to near the highest levels on record. This, according to Chief Executi...