REG - Axis Bank Ltd Axis Bank Ltd (144A) - Rating Action by CARE Ratings

Axis BankAnnouncement

07/09/2021 16:15

RNS Number : 0223L
  
Axis Bank Limited
  
07 September 2021
  
 

AXIS/CO/CS/268/2021-22
 
7th September 2021
 
Dear Sir(s),
 
SUB.: CARE RATINGS ACTION.
 
REF.: REGULATION 30 AND 46 (2) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("LISTING REGULATIONS").
 
This is to inform you that credit rating agency CARE Ratings has reaffirmed CARE AAA; Stable (Triple A; Outlook: Stable) rating for Infrastructure Bonds, Lower Tier II and Tier II Bonds.
 
The rating rationale letter of CARE Ratings received by the Bank, containing the reasons for re-affirmation is attached herewith.  
 
You are requested to take note of above and arrange to bring it to the notice of all concerned.
 
http://www.rns-pdf.londonstockexchange.com/rns/0223L_1-2021-9-7.pdf
 
Thanking You.
 
Yours sincerely,
 
For Axis Bank Limited
 
 
 
Girish V. Koliyote
Company Secretary 
Encl.: as above 
 

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
 
 
MSCDKOBQQBKDFCK