Axis Bank Limited Credit Rating (5651O)

TIDMAXB TIDMAXBA

RNS Number : 5651O

Axis Bank Limited

03 October 2023

AXIS/CO/CS/348/2023-24

October 3, 2023

Dear Sir(s),

SUB: RATING ACTION BY INDIA RATINGS AND RESEARCH.

REF: REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("LISTING REGULATIONS") .

This is to inform you that credit rating agency India Ratings and Research (Ind-Ra) has assigned Axis Bank Limited's Fixed Deposits "IND AAA'/Stable and has affirmed other ratings.

The instrument wise rating action along with rationale letter dated October 3, 2023 issued by India Ratings and Research is enclosed herewith.

http://www.rns-pdf.londonstockexchange.com/rns/5651O_1-2023-10-3.pdf

This is for your information and records.

Thanking you.

With warm regards,

For Axis Bank Limited

Sandeep Poddar

Company Secretary

Encl.: As above

CC: London Stock Exchange

Singapore Stock Exchange

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCBXBDGGUGDGXX

(END) Dow Jones Newswires

October 03, 2023 10:00 ET (14:00 GMT)