Axis Bank Shares Climb 2% as Lender Pledges ₹1,500 Crore for Consumer Lending Unit

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Axis Bank to inject Rs 1,500 crore into lending arm, shares jump 2%

Axis Bank to infuse Rs 1,500 crore in consumer lending arm, shares rise nearly 2%

M

Moneycontrol•18-03-2026, 12:38

Axis Bank to inject Rs 1,500 crore into lending arm, shares jump 2%

•Axis Bank announced a Rs 1,500 crore investment in its consumer lending arm, Axis Finance, causing shares to rise nearly 2% on March 18.
•The infusion will be completed by March 2027 through cash in multiple tranches.
•This move follows the Reserve Bank of India easing rules on overlapping activities between banks and their subsidiaries.
•Axis Finance, a non-bank finance company, will present a revised growth plan and reevaluate capital needs in April.
•As of March 31, 2025, Axis Finance managed assets worth Rs 41,583 crore.

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