REG - Axis Bank Ltd Axis Bank Ltd (144A) - Credit Rating - S&P Global Ratings

Axis BankAnnouncement

12/09/2024 11:15

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RNS Number : 9723D  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
(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

 

 

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