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Fitch ratings affirms rating of Axis Bank

07 Dec 2020 Evaluate

Credit rating agency -- Fitch Ratings has affirmed India-based Axis Bank's Long-Term Issuer Default Rating (IDR) at 'BB+' with a Negative Outlook and its Viability Rating (VR) at 'bb'.

Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.

Peers
Company Name CMP
HDFC Bank 735.80
ICICI Bank 1326.50
Axis Bank 1220.00
Kotak Mahindra Bank 403.40
Indusind Bank 912.50
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