Event: Axis Bank's (AXSB) board has approved a capital raising plan amounting to USD1.79b (INR116.26b) to provide the necessary growth capital to the bank and support asset quality clean-up. Of the approved amount, USD1.4b (INR90.63b) is proposed to be raised via preferential issue of equity shares at INR525/share, while the remaining USD396.1m (INR25.63b) would be raised via warrants, which can be converted into equity shares at INR565/share. Investing entities: Bain Capital will invest USD1.06b (INR68.54b) USD710m (INR45.94b) would be in the form of equity and the balance USD349.3m...