REG - Axis Bank Ltd Axis Bank Ltd (144A) - Credit Rating

Axis BankAnnouncement

16/06/2022 07:01

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RNS Number : 1103P  Axis Bank Limited  16 June 2022

 

 

AXIS/CO/CS/143/2022-23

 

June 15, 2022

 

Dear Sir(s),

 

SUB: RATING ACTION BY FITCH RATINGS.

 

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

 

This is to inform you that credit rating agency Fitch Ratings have on June 15,
2022, revised the rating outlook to Stable from Negative on the Long-Term
Issuer Default Ratings of the Bank.

 

The rating action letter received from Fitch is attached herewith.

http://www.rns-pdf.londonstockexchange.com/rns/1103P_1-2022-6-16.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/1103P_1-2022-6-16.pdf)

 

This is for your information and records.

 

Thanking you.

 

With warm regards,

 

For Axis Bank Limited

 

 

 

Sandeep Poddar

Company Secretary

 

Encl.: As above

 

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