AXIS RAISES SENIOR NOTES IN INTERNATIONAL MARKET

22nd March 2017

Dear Sir,

SUB: AXIS BANK RAISES SENIOR NOTES IN THE INTERNATIONAL MARKET

We are pleased to inform that the Board of Directors of the Bank has passed a resolution approving the allotment of 1 year Senior Fixed Rate Notes aggregating to USD 16,200,000 (USD Sixteen Million two hundred thousand only), under the MTN Programme through its Dubai International Financial Centre (DIFC) branch.

You are requested to take note of the above and arrange to bring it to the notice of all concerned.

Thanking you.

Yours sincerely,

For Axis Bank Limited

Girish Koliyote

Company Secretary