Axis Bank to infuse Rs 1,500 crore into Axis Finance after RBI eases guidelines
Private lender Axis Bank is about to infuse Rs 1,500 crore into its subsidiary, Axis Finance, earlier than March 2027 by subscribing to its rights issue. The financial institution, which had earlier initiated a course of to promote a strategic stake in its non-bank lending arm, shelved the plan after the Reserve Bank of India…