AXIS Bank Ltd - 532215 - Announcement under Regulation 30 (LODR)-Credit Rating
We wish to inform you that CRISIL has after due consideration, vide its letter dated 17th January 2020, assigned 'CRISIL AAA/STABLE' (pronounced as CRISIL triple A rating with Stable outlook) rating for the Rs. 5,000 Crore Infrastructure Bonds of the Bank. The said rating letter is attached herewith for your ready reference. Whenever the Bank decides to issue the same, details of the said Infrastructure Bonds will be disclosed to your Stock Exchange, in accordance with the relevant provisions of the Listing Regulations. You are requested to take the above on record and bring this to the notice of all concerned.17-01-2020