16th Jun 2022 07:00
RNS Number : 1103P
Axis Bank Limited
16 June 2022
AXIS/CO/CS/143/2022-23
June 15, 2022
Dear Sir(s),
SUB: RATING ACTION BY FITCH RATINGS.
REF: REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 ("LISTING REGULATIONS").
This is to inform you that credit rating agency Fitch Ratings have on June 15, 2022, revised the rating outlook to Stable from Negative on the Long-Term Issuer Default Ratings of the Bank.
The rating action letter received from Fitch is attached herewith.
http://www.rns-pdf.londonstockexchange.com/rns/1103P_1-2022-6-16.pdf
This is for your information and records.
Thanking you.
With warm regards,
For Axis Bank Limited
Sandeep Poddar
Company Secretary
Encl.: As above
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