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Axis Bank Ltd (AXB)

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Tuesday 04 June, 2019

Axis Bank Ltd

REVISION OF CREDIT RATING ASSIGNED BY FITCH RATING

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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