REG - Axis Bank Ltd - REVISION OF CREDIT RATING ASSIGNED BY FITCH RATING

Axis BankAnnouncement

04/06/2019 15:10

RNS Number : 1233B
Axis Bank Limited
04 June 2019
 


 
 
AXIS/CO/CS/238/2019-20
 
04th June, 2019
 




The Chief Manager (Listing & Compliance)
National Stock Exchange of India Limited
Exchange Plaza, 5th Floor
Plot No. C/1, "G" Block
Bandra-Kurla Complex,
Bandra (E),Mumbai - 400 051                                  
NSE Code: AXISBANK


The Deputy General Manager (Listing)
BSE Limited
1st Floor, New Trading Ring, Rotunda Building
P. J. Towers, Dalal Street
Fort, Mumbai - 400 001
 
BSE Code: 532215




 
Dear Sir(s),
 
SUB: REVISION OF CREDIT RATING ASSIGNED BY FITCH RATINGS
REF: REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015.
 
This is to inform you that Fitch Ratings has revised the Long term Issuer Default Rating (IDR) from 'BBB-' (Outlook: Negative) to 'BB+' (Outlook: Stable) and Short Term IDR from 'F3' to 'B' of the Bank on 03rd June, 2019.
 
The same has been provided as an attachment. 
 
http://www.rns-pdf.londonstockexchange.com/rns/1233B_1-2019-6-4.pdf
 
You are requested to take note of above and arrange to bring it to the notice of all concerned.
 
Thanking You.
 
Yours faithfully,
For Axis Bank Limited,
 
 
 
Girish Koliyote
Company Secretary
 
 




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