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India’s Axis Bank board to consider issuing convertible securities
By Sarah Lizee
Olympia, Wash., July 10 – Axis Bank Ltd. notified the Bombay Stock Exchange that its board of directors will meet on July 20 to consider a proposal to raise funds.
The board will consider issuing convertible securities linked to equity shares, among other options, according to a notice.
The bank is based in Mumbai.
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