Axis Bank Limited — Credit Ratings, 14-08-2025: Credit Rating

Axis Bank's credit profile has been upgraded by S&P Global Ratings, with its stand-alone credit profile (SACP) improving to 'bbb+' from 'bbb'. The long-term rating is now 'BBB' and the outlook moved from 'positive' to 'stable'. This upgrade reflects Axis Bank's strengthened risk-adjusted capitalization, benefiting from India's improved economic environment and lower risk weights on its exposures. S&P expects Axis Bank to maintain a strong RAC ratio above 10% over the next two years. While return on assets may moderately decline due to lower margins and higher credit costs, the improved rating signals enhanced financial stability. This action should positively impact the bank's cost of funds and boost investor sentiment.