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AXIS BANK LTD. - Announcement under Regulation 30 (LODR)-Credit Rating
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27 Jun 2020
This is to inform you that, the credit rating agency S&amp;P Global Ratings (&apos;S&amp;P&apos;), has downgraded the Foreign Currency Ratings of the Bank, as attached herewith.&lt;BR&gt; &lt;BR&gt; Further, please note that as confirmed by S&amp;P, the rating report inadvertently mentions the Bank being on CreditWatch. In this regard, S&amp;P has confirmed that it is an editorial error and Bank is on STABLE outlook.&lt;BR&gt; &lt;BR&gt; The rating action letter by S&amp;P Global Ratings containing the reason for above downgrade is attached herewith. &lt;BR&gt; &lt;BR&gt; &lt;BR&gt;
View all announcements for AXIS BANK LTD. Source: BSE India

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