01 Oct 2025 | 5 Mins Read
Axis Bank reconsiders plan to dispose of Axis Finance stake
Flipitmoney
Axis Bank is reassessing plans to sell a stake in Axis Finance due to potential investors seeking regulatory clarity on the Reserve Bank of India's forms of business circular before valuing the subsidiary. RBI governor Sanjay Malhotra signaled the circular's development on August 25. The bank faces a Rs 3,000 crore funding gap for Axis Finance's growth.