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Summary by AI BETAClose X

Axis Bank Limited announced that S&P Global Ratings has assigned a 'BBB' rating to its U.S.$300,000,000 5.179 per cent. Senior Notes, issued under the Bank's Global Medium Term Notes programme. This rating action follows a previous disclosure on December 26, 2025, and is relevant for investors considering the Bank's debt instruments.

Disclaimer*

Axis Bank Limited
18 August 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/340/2026-27

 

August 18, 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/Ma'am,

 

SUB.: RATING ACTION BY S&P GOLBAL RATINGS

 

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"), S&P Global Ratings has assigned 'BBB' rating to the U.S.$300,000,000 5.179 per cent. Senior Notes issued by the Bank, Gift City Branch under the Bank's GMTN programme.

 

The rating rationale letter is attached herewith.

 

This is for your information and records.

http://www.rns-pdf.londonstockexchange.com/rns/1745R_1-2026-8-18.pdf

 

Thanking you,

 

With warm regards,

 

For Axis Bank Limited

 

 

 

Sandeep Poddar

Company Secretary

 

CC:

London Stock Exchange

Singapore Stock Exchange



 

DISCLAIMER:

 

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