24 Mar 2023 14:32
RNS Number : 2040U
Axis Bank Limited
24 March 2023
AXIS/CO/CS/616/2022-23
March 24, 2023
Dear Sir(s),
SUB: RATING ACTION BY S&P GLOBAL 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 S&P Global Ratings has reaffirmed credit rating for Axis Bank Limited as 'BBB-/Stable/A-3. A copy of rationale letter issued by S&P Global Ratings dated March 23, 2023 is enclosed herewith.
This is for your information and records.
Thanking you.
With warm regards,
For Axis Bank Limited
Sandeep Poddar
Company Secretary
http://www.rns-pdf.londonstockexchange.com/rns/2040U_1-2023-3-24.pdf
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