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Credit Rating

3rd Oct 2023 15:00

RNS Number : 5651O

Axis Bank Limited

03 October 2023

AXIS/CO/CS/348/2023-24

October 3, 2023

Dear Sir(s),Â Â Â Â Â Â Â Â Â Â Â

Â Â Â Â Â Â Â

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

Â Â Â Â Â Â Â Singapore Stock Exchange

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