Axis Finance Limited Has Announced a Primary Capital Round of INR 2,250 Crore From Kedaara Capital and Axis Bank

News Desk. News Nation 360: On April 25, 2026, Axis Finance Limited (AFL), a wholly-owned subsidiary of Axis Bank, announced a historic 2,250 crore total primary capital raise to boost its expansion in the retail, MSME, and wholesale lending sectors. The NBFC has raised money from an outside investor for the first time with this capital infusion, which comprises a ₹750 crore investment from Kedaara Capital through a preferential issuance. This comes after its parent company, Axis Bank, completely subscribed to a ₹1,500 crore rights issue that the AFL Board approved on April 17, 2026. Through the deal, Kedaara Capital would acquire a 5.08% share in Axis Finance, which is valued at about ₹14,764 crore. Axis Bank's MD and CEO, Amitabh Chaudhry, emphasised that this action strengthens the Group's long-term dedication to AFL as it develops a diverse lending franchise. The improved capital foundation gives AFL the "firepower" to carefully grow its secured and unsecured portfolios, according to CEO Sai Giridhar. Axis Finance recorded a 19% increase in net profit to ₹806 crore for the fiscal year that concluded on March 31, 2026, while its assets under finance increased to ₹47,692 crore. As the business moves closer to becoming an "upper-layer" NBFC in the upcoming years, many industry insiders see this outside investment as a strategic benchmark for a possible IPO.

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