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AXIS BANK LTD. - Announcement under Regulation 30 (LODR)-Credit Rating
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22 Jun 2020
This is to inform you that, credit rating agency Fitch Ratings have on 21st June 2020, revised the rating outlook of the Long-Term Issuer Default Rating of the Bank, to negative from stable. The rating action letter by Fitch Ratings containing the reason for above downgrade is attached herewith. &lt;BR&gt; &lt;BR&gt; Fitch Ratings has affirmed the Issuer Default Ratings (IDR), Support Ratings (SR) and Support Rating Floors (SRF) of the Bank. &lt;BR&gt; &lt;BR&gt; You are requested to take note of above and arrange to bring it to the notice of all concerned.&lt;BR&gt;
View all announcements for AXIS BANK LTD. Source: BSE India