equity shares

ICICI Bank sells 3.96% stake in ICICI Lombard

Earlier on May 9, while presenting results for quarter ended March 2020, the private lender had stated that it would look at further strengthening the balance sheet as opportunities arise.

Axis Bank to raise Rs 18,000 crore

'The fund will be raised through issue of equity shares/depository receipts and/or any other instruments or securities representing either equity shares and/or convertible securities linked to equity shares including through Qualified Institutions Placement (QIP)/ American Depository Receipts (ADRs)/ Global Depository Receipts (GDRs) program, preferential allotment or such other permissible mode or combinations as may be considered appropriate.'