Axis Bank to Infuse ₹1,500 Crore in Axis Finance Limited
Axis Bank Limited announced on March 18, 2026, that its Acquisitions, Divestments and Merger Committee approved a proposal to infuse ₹1,500 crore in Axis Finance Limited (AFL). The investment will be made in one or more tranches before March 31, 2027, through subscription to the Rights Issue of AFL.The Reserve Bank of India approved the investment via a letter dated March 10, 2026.
According to information provided, Axis Finance Limited, a wholly owned subsidiary of Axis Bank, reported a turnover of ₹2,504 crore for the half year ended FY26. The acquisition falls under related party transactions, and the investment will be executed on an arm’s length basis.
The table below summarizes key details of the transaction.
| Particulars | Details |
|---|---|
| Target Entity | Axis Finance Limited (NBFC, wholly owned subsidiary of Axis Bank) |
| Turnover (Half Year Ended FY26) | ₹2,504 crore |
| Acquisition Type | Cash Consideration |
| Investment Amount | ₹1,500 crore |
| Completion Timeframe | By March 31, 2027 |
| Pre-Acquisition Shareholding | 100% |
| Post-Acquisition Shareholding | 100% |
| Incorporation Date | April 27, 1995 |
| Turnover - FY25 | ₹4,296 crore |
| Turnover - FY24 | ₹3,321 crore |
| Turnover - FY23 | ₹2,297 crore |
Source:
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