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Axis Bank pauses $350M–$400M sale of Axis Finance stake due to new RBI rules allowing retained ownership.
Axis Bank has paused its planned sale of a 20% stake in its consumer lending unit, Axis Finance, following revised regulations from India's Reserve Bank of India that now allow banks to retain non-bank subsidiaries if properly ring-fenced.
The change, effective December 2025, reversed earlier rules that threatened forced divestitures.
With Axis Finance well-capitalized and no urgent need for external funding, the bank may instead inject fresh capital.
A revised growth plan is due in April 2026.
The sale, initially valued at $350 million to $400 million, had drawn limited interest, with Kedaara Capital reportedly uninterested in bids.
Morgan Stanley was previously appointed as banker.
Axis Bank detiene la venta de $ 350M $ 400M de la participación de Axis Finance debido a las nuevas reglas del RBI que permiten la propiedad retenida.