Credit Rating

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Axis Bank Limited announced that Moody's Investors Service has assigned a Baa3 rating with a stable outlook to Senior Notes issued by its Gift City Branch under the Global Medium Term Notes programme. This rating action follows a previous communication on December 26, 2025, and is significant for the bank's existing GMTN facilities.

Disclaimer*

Axis Bank Limited
24 June 2026
 

THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL

 

AXIS/CO/CS/186/2026-27

 

June 24, 2026

 

National Stock Exchange of India Limited

Exchange Plaza,

Plot No. C/1, "G" Block

Bandra-Kurla Complex

Bandra (E), Mumbai - 400 051

 

NSE Symbol: AXISBANK

BSE Limited

P. J. Towers,

Dalal Street

Fort, Mumbai - 400 001

 

 

BSE Scrip Code: 532215

 

Dear Sir/Madam,

 

SUB.: RATING ACTION BY MOODY'S INVESTORS SERVICE

       

REF: REGULATION 30 READ WITH SCHEDULE III OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

 

In furtherance to our letter bearing reference number AXIS/CO/CS/493/2025-26 dated December 26, 2025, we wish to inform you that in relation to the existing Global Medium Term Notes ("GMTN") of Axis Bank Limited (the "Bank"),  Moody's Investors Service ("Moody's") has assigned Baa3 rating with stable outlook to Senior Notes issued by Axis Bank, Gift City Branch under the GMTN programme.

 

The rating rationale letter is attached herewith.

 

This is for your information and records.

 

Thanking You.

 

Yours faithfully,

 

For Axis Bank Limited

 

 

 

Sandeep Poddar

Company Secretary

CC: London Stock Exchange

        Singapore Stock Exchange

 

DISCLAIMER:

A rating is not a recommendation to buy, sell or hold securities and may be subject to suspension, reduction, or withdrawal at any time by the assigning rating organization. Similar ratings on different types of securities do not necessarily mean the same thing. The significance of each rating should be analysed independently from any other rating.

http://www.rns-pdf.londonstockexchange.com/rns/5444J_1-2026-6-24.pdf

 

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