PROJECT

Projects

Summary of Investment Information

Project Number

48531

Company Name

AXIS BANK LIMITED

Date SPI Disclosed

Feb 5, 2025

Country

India

Region

South Asia

Projected Board Date

Mar 25, 2024

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Feb 7, 2025

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Mar 25, 2024
Signed : Sep 25, 2024
Invested : Sep 30, 2024

Sector

Commercial Banking - General

Additional Project Attributes

Blended Finance

Project Description

The proposed investment comprises a senior unsecured loan of up to US$500 million to Axis Bank (Axis or the Bank). The proceeds of the proposed investment will be utilized for supporting Axis to grow its green and blue finance portfolios (the Project). The Project is expected to be supported by the Market Accelerator for Green Construction (“MAGC”) Program as described in the Blended Finance Section.

 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation