Correction: Axis Bank – Ratings Affirmed

Overview

(This announcement replaces the version published on 31 January 2025 and corrects an error in the participation disclosure.)

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Axis Bank's (ABL) Long-Term Foreign Currency Rating (LT FCR) at 'BBB-' and the Short-Term Foreign Currency Rating (ST FCR) at 'A3'. At the same time, CI Ratings has affirmed the Bank's Bank Standalone Rating (BSR) of 'bbb-', Core Financial Strength (CFS) rating of 'bbb', and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR is affirmed as Positive and Stable, respectively.

Attachments

• Rating Announcement (CRA)
  PDF Download Available
  
• Bank Rating Report (India, Axis Bank Ltd)
  Purchase Available - View price list