Axis Bank Limited

Net Asset Value • Mar 14, 2023

National Storage Mechanism | Additional information

RNS Number : 9491S

Axis Bank Limited

14 March 2023

AXIS/CO/CS/592/2022-23

March 14, 2023

Dear Sir(s),

Sub.: Rating Action by CRISIL RATINGS LIMITED

This is to inform you that credit rating agency CRISIL Ratings Limited has reaffirmed its 'CRISIL AAA/CRISIL AA+/Stable/CRISIL A1+' ratings on the debt instruments of the Bank.

The rating rationale letter of CRISIL Ratings Limited received by the Bank on March 14, 2023 is attached herewith.

http://www.rns-pdf.londonstockexchange.com/rns/9491S_1-2023-3-14.pdf

You are requested to take the above on record and bring this to the notice of all concerned.

Thanking you.

With warm regards,

For Axis Bank Limited

Sandeep Poddar

Company Secretary

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