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Axis Bank informs about credit rating

17 Oct 2023 Evaluate
Axis Bank has informed that credit rating agency Fitch Ratings has affirmed Bank’s Long-Term Issuer Default Rating (IDR) at 'BB+'. The Outlook is ‘Stable’. Fitch Ratings has also affirmed the Bank's Government Support Rating (GSR) at 'bb+ and its 'Viability Rating (VR) at 'bb'. The rating action letter received from Fitch is attached.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
HDFC Bank 728.10
ICICI Bank 1396.80
Axis Bank 1286.45
Kotak Mahindra Bank 446.00
Indusind Bank 874.00
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