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Axis Bank receives affirmation in long term issuer default ratings

Capital Market 

From Fitch Ratings

Axis Bank announced that credit rating agency Fitch Ratings has affirmed Bank's Long-Term Issuer Default Rating (IDR) at 'BB+' with Negative Outlook and its Viability Rating (VR) at 'bb'. Fitch Ratings has also assigned the Bank a Government Support Rating (GSR) of 'bb+'.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, November 30 2021. 11:48 IST