Private sector lender Axis Bank Ltd, has raised ₹10,000 crore through its Qualified Institutions Placement (QIP) issue, the bank said in a statement. “Despite a challenging macro-economic environment, the placement has witnessed strong reception from global and domestic investor community, including several large foreign portfolio investors, domestic mutual funds and insurance companies,” it said. The deal was oversubscribed with the aggregate final transaction size being ₹10,000 crore.The QIP issuance was done at a price of ₹420.10 per Equity Share.