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Axis Bank approves $50 mln note placement

Mon Sep 29, 2008 7:39pm IST
 
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MUMBAI (Reuters) - Axis Bank said on Monday its board had approved a private placement of $50 million of senior notes under its medium-term note programme.

In a statement to the stock exchange, Axis said the placement was done through its Hong Kong branch. It did not say with who it had placed the debt.

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