RNS Number : 1233B

Axis Bank Limited

04 June 2019

AXIS/CO/CS/238/2019-20

04^th June, 2019

The Chief Manager (Listing & Compliance) National Stock Exchange of India Limited Exchange Plaza, 5th Floor Plot No. C/1, "G" Block Bandra-Kurla Complex, Bandra (E),Mumbai - 400 051                                   NSE Code: AXISBANK The Deputy General Manager (Listing) BSE Limited 1^st Floor, New Trading Ring, Rotunda Building P. J. Towers, Dalal Street Fort, Mumbai - 400 001   BSE Code: 532215

Dear Sir(s),

SUB: REVISION OF CREDIT RATING ASSIGNED BY FITCH RATINGS

REF: REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015.

This is to inform you that Fitch Ratings has revised the Long term Issuer Default Rating (IDR) from 'BBB-' (Outlook: Negative) to 'BB+' (Outlook: Stable) and Short Term IDR from 'F3' to 'B' of the Bank on 03^rd June, 2019.

The same has been provided as an attachment. 

http://www.rns-pdf.londonstockexchange.com/rns/1233B_1-2019-6-4.pdf

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

Thanking You.

Yours faithfully,

For Axis Bank Limited,

Girish Koliyote

Company Secretary

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