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.