Reappointment of Director

25th July, 2015

Dear Sir,

Sub: Outcome of Board Meeting - Reappointment of Director

Ref: Clause 30 of the Listing Agreement in India

This is to inform you that the Board of Directors of the Bank has, at its meeting held today inter-alia decided to reappoint Shri V Srinivasan, Whole-time Director designated as Executive Director & Head (Corporate Banking) of the Bank for a further period of three years with effect from 15th October, 2015 i.e. for the period 15th October, 2015 to 14th October, 2018 subject to approval of the Reserve Bank of India and the Shareholders of the Bank.

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

Thanking You,

Yours Sincerely,

For Axis Bank Limited

Girish V Koliyote

Company Secretary