Credit Rating - S&P Global Ratings

Axis Bank Limited
12 September 2024
 

 


AXIS/CO/CS/347/2024-25

 

September 12, 2024

 

Dear Sir/Madam,        

       

SUB:

RATING ACTION BY S&P GLOBAL RATINGS

REF:

REGULATION 30 AND 51 READ WITH SCHEDULE III OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

 

This is to inform you that the credit rating agency S&P Global Ratings has affirmed the long-term and short-term ratings for Axis Bank Limited at 'BBB-' and 'A-3', respectively.

 

The rating outlook has been maintained at 'positive'.

 

The rating action letter received from S&P Global Ratings is attached herewith.


http://www.rns-pdf.londonstockexchange.com/rns/9723D_1-2024-9-12.pdf 


This is for your information and records.

 

Thanking you.

 

Yours faithfully,

 

For Axis Bank Limited

 

 

 

Sandeep Poddar

Company Secretary

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

AXIS BANK LIMITED (AXB)
AXIS BANK LIMITED (AXBA)
UK 100
FTSE quotes by TradingView

Latest directors dealings

All directors dealings today