Credit Rating

Axis Bank Limited
03 October 2023
 

 

 

 

 

 

AXIS/CO/CS/348/2023-24

 

October 3, 2023

 

Dear Sir(s),           

       

SUB: RATING ACTION BY INDIA RATINGS AND RESEARCH.

 

REF: REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("LISTING REGULATIONS").

 

This is to inform you that credit rating agency India Ratings and Research (Ind-Ra) has assigned Axis Bank Limited's Fixed Deposits "IND AAA'/Stable and has affirmed other ratings.

 

The instrument wise rating action along with rationale letter dated October 3, 2023 issued by India Ratings and Research is enclosed herewith.

http://www.rns-pdf.londonstockexchange.com/rns/5651O_1-2023-10-3.pdf

 

This is for your information and records.

 

Thanking you.

 

With warm regards,

 

For Axis Bank Limited

 

 

 

 

 

Sandeep Poddar

Company Secretary

 

Encl.: As above

 

CC: London Stock Exchange

        Singapore Stock Exchange

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