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Private sector lender Axis Bank said it will consider borrowing or raising funds in Indian and foreign currency via issue of debt instruments, including but not limited to bonds and non-convertible debentures.
Q4 results
The issue will be taken up for discussion at its two-day board meeting on April 25 and 26, it said in a regulatory filing on Wednesday. The board will also take up the bank’s fourth quarter and annual results.
Meanwhile, the Nomination and Remuneration Committee of the bank’s board has also decided to issue 1.05 crore stock options convertible into 1.05 crore equity shares of ₹2 each to eligible employees, it said in another filing.
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