Axis Bank Ltd.

Axis Bank has informed that the Bank has reviewed and decided to reduce the MCLRs of the Bank by 10 bps in the Overnight tenor and by 15 bps across all other tenors. This will be effective from December 17, 2016. In this regard, the Bank has submitted a copy of Press Release dated December 16, 2016 titled ‘Axis Bank cuts the MCLRs’.

The above information is a part of company’s filings submitted to BSE.