AXIS BANK LTD. - 532215 - S&P; GLOBAL RATING ACTION
This is to inform you that, credit rating agency S&P; Global Ratings have today revised the rating outlook of the Bank to negative from stable. The issuer credit rating of the Bank has been reaffirmed as BBB-. The rating action letter by S&P; Global Ratings containing the reason for above downgrade is attached herewith.17-04-2020