Axis Bank to invest Rs 1,500 crore into consumer lending arm amid stake sale rethink

Axis Bank will invest Rs 1,500 crore into Axis Finance by March 2027. This cash infusion follows a strategic review after plans to sell a stake were paused. The bank is reassessing its approach to the non-bank finance company. Axis Finance has shown consistent growth in recent years. A revised growth plan will be presented soon.

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