Private lender Axis Bank Ltd on Friday said it has received final listing approvals from the Global Securities Market of India International Exchange Ltd and the Debt Securities Market of NSE IFSC Ltd for its $300 million senior notes. The notes carry a 5.179% coupon and will be listed under the bank's $5 billion Global Medium Term Note Programme.
The final listing approval from India INX was received through a letter dated August 21, 2026. NSE IX issued its approval through a letter dated the same day. Axis Bank said the pricing supplements for the notes are available on the websites of India INX and NSE IX.
The disclosure follows the bank's earlier communications dated December 26, 2025, August 17, 2026 and August 21, 2026. First Quarter ResultsMumbai-based private sector lender's Net Interest Income for the quarter grew by 8% from the same quarter last year to ₹14,646.1 crore.
A CNBC-TV18 poll had projected that figure to be ₹14,870 crore. Net profit for the period stood at ₹7,113 crore, higher than the CNBC-TV18 poll expectation of ₹6,877 crore. On a year-on-year basis, Axis Bank's bottom line grew by 22.5%. The rise in profitability is despite lower other income than last year.
Axis Bank's asset quality saw marginal deterioration with Gross NPA at 1.28% from 1.23% in March, while Net NPA stood at 0.39% from 0.37% in the previous quarter. In absolute terms, Axis Bank's Gross NPA stood at ₹17,124 crore from ₹16,083 crore sequentially, while its Net NPA were ₹5,192 crore from ₹4,789 crore in March.
Axis Bank shares closed 0.44% lower at ₹1,245.50 on August 21 at NSE.