Axis Bank Limited

Axis Bank Limited is an Indian company in the BFSI industry (formerly Uti Bank Limited) with 7 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 7.27% to 8.75% a year. Maturity dates run from 30 Jan 2027 to 30 Dec 2099. NSDL records 0 of the 7 whose terms it holds as secured. Latest credit ratings on record: India Ratings AAA (Stable) (action dated 25 Sep 2026); ICRA AAA (Stable) (action dated 8 Apr 2026); CRISIL AAA (Stable) (action dated 14 Jul 2025). Verify current terms against the official documents linked on this page.

Data as of 14 Nov 2026 (snapshot 20261114-2051) · How this page is compiled

Issuer overview

Legal name
Axis Bank Limited
Formerly
Uti Bank Limited
CIN
L65110GJ1993PLC020769
LEI
549300HVNWMJPOFVNI41
Industry
BFSI
Business
Private Sector Bank
Ownership
Non PSU
ISIN issuer code
INE238A
Outstanding bonds (ISINs)
7
Stated coupons (fixed rate)
7.27% – 8.75%
Maturity dates
30 Jan 2027 – 30 Dec 2099
Secured (NSDL)
0 of 7
Combined issue size of outstanding bonds
₹28,401 crore
Traded on
BSE, NSE

Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.

Axis Bank bonds: ISIN, coupon and maturity

7 outstanding bonds, by maturity date.

ISIN Type Coupon Interest paid Allotted Maturity Face value Issue size (₹ cr) Security Guarantee Traded on Rating (NSDL)
INE238A08468 NCD 7.65% Yearly 30 Jan 2020 30 Jan 2027 ₹10,00,000 4,125 Unsecured None recorded BSE CRISIL AAA 17 Jan 2020
INE238A08435 Subordinated NCD (Tier II) 7.66% Yearly 15 Jun 2017 15 Jun 2027 ₹10,00,000 5,000 Unsecured None recorded — CRISIL AAA 13 Jun 2017
INE238A08450 NCD 8.6% Yearly 28 Dec 2018 28 Dec 2028 ₹10,00,000 3,000 Unsecured None recorded — CRISIL AAA 24 Dec 2018
INE238A08492 NCD 7.64% Yearly 7 Mar 2024 7 Mar 2034 ₹1,00,000 3,851 Unsecured None recorded NSE CRISIL AAA 22 Nov 2023
INE238A08500 NCD 7.45% Yearly 5 Sep 2024 5 Sep 2034 ₹1,00,000 3,925 Unsecured None recorded NSE CRISIL AAA 22 Nov 2023
INE238A08518 NCD 7.27% Yearly 26 Nov 2025 26 Nov 2035 ₹1,00,000 5,000 Unsecured None recorded NSE CRISIL AAA 14 Jul 2025
INE238A08443 Perpetual debt 8.75% Yearly 28 Jun 2017 30 Dec 2099 ₹10,00,000 3,500 Unsecured None recorded — CRISIL AA+ 21 Jun 2017
Notes on this table
  • Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
  • Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
  • "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
  • Prices and yields are not shown. They change with every trade: see BSE and NSE.
  • Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.

Axis Bank credit rating

Latest rating by agency on the outstanding bonds (NSDL India Bond Info)
Agency Rating Outlook Latest action Action date Bonds Status
India Ratings AAA Stable Reaffirm 25 Sep 2026 3 Checked 7 Nov 2026
ICRA AAA Stable Reaffirm 8 Apr 2026 7 Checked 7 Nov 2026
CRISIL AAA Stable New 14 Jul 2025 7 Verified by NSDL · Over 12 months old · Checked 7 Nov 2026
Rating history
Date Agency Rating Outlook Action
25 Sep 2026 India Ratings AAA Stable Reaffirm
8 Apr 2026 ICRA AAA Stable Reaffirm
29 Sep 2025 India Ratings AAA Stable Reaffirm
14 Jul 2025 CRISIL AAA Stable New
20 Jun 2025 ICRA AAA Stable Reaffirm
19 Nov 2024 ICRA AAA Stable Reaffirm
17 Oct 2024 ICRA AAA Stable Reaffirm
1 Oct 2024 India Ratings AAA Stable Reaffirm
22 Nov 2023 ICRA AAA Stable Reaffirm
22 Nov 2023 CRISIL AAA Stable New
3 Oct 2023 India Ratings AAA Stable Reaffirm
13 Mar 2023 ICRA AAA Stable Reaffirm
7 Dec 2022 ICRA AAA Stable Reaffirm
6 Dec 2022 India Ratings AAA Stable Reaffirm
19 Sep 2022 ICRA AA+ Stable Withdrawn

Rating actions on the issuer's bonds as recorded by NSDL, newest first. Earlier lines are history, not the current rating.

A credit rating is the agency's opinion and can change at any time. Check the agency's website for the latest action: CRISIL, ICRA, India Ratings

Private placements and disclosure documents

Allotted ISIN Redemption Disclosure documents
26 Nov 2025 INE238A08518 26 Nov 2035 Placement memorandum on BSE
5 Sep 2024 INE238A08500 5 Sep 2034 Placement memorandum on BSE
7 Mar 2024 INE238A08492 7 Mar 2034 Placement memorandum on BSE
30 Jan 2020 INE238A08468 30 Jan 2027 Placement memorandum on BSE
28 Dec 2018 INE238A08450 28 Dec 2028 Placement memorandum on BSE
28 Jun 2017 INE238A08443 30 Dec 2099 Placement memorandum on BSE
15 Jun 2017 INE238A08435 15 Jun 2027 Placement memorandum on BSE

From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.

Company details

Category
Bank

Axis Bank bonds: questions and answers

What bonds has Axis Bank Limited issued?

Axis Bank Limited has 7 outstanding bonds recorded on this page. By type, as described by NSDL: 5 NCDs, 1 subordinated NCD (tier ii), 1 perpetual debt.

What are the ISINs of Axis Bank Limited bonds?

Its 7 outstanding bonds each have their own ISIN, for example INE238A08468, INE238A08435, INE238A08450. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE238A.

What coupon rates do Axis Bank Limited bonds pay?

Stated coupons on its fixed-rate outstanding bonds range from 7.27% to 8.75% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.

When do Axis Bank Limited bonds mature?

Its outstanding bonds have maturity dates from 30 Jan 2027 to 30 Dec 2099. The bond table lists the maturity date of each ISIN.

What is the latest credit rating of Axis Bank Limited bonds?

NSDL India Bond Info records India Ratings AAA (Stable) (action dated 25 Sep 2026); ICRA AAA (Stable) (action dated 8 Apr 2026); CRISIL AAA (Stable) (action dated 14 Jul 2025) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.

Are Axis Bank Limited bonds secured, unsecured or guaranteed?

NSDL records 0 of the 7 outstanding bonds whose terms it holds as secured and 7 as unsecured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.

Is Axis Bank Limited the same company as Uti Bank Limited?

Yes. Axis Bank Limited was formerly known as Uti Bank Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is L65110GJ1993PLC020769.

Where can investors find the original disclosure documents for Axis Bank Limited bonds?

Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.

How can investors check the current market price or yield of Axis Bank Limited bonds?

This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.

Sources and dates

Data as of 14 Nov 2026 (snapshot 20261114-2051). Facts on this page last changed on 31 Oct 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.

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Bond Interpretation
Bond Interpretation is an information resource on Indian corporate bond issuers, published by Newsinterpretation. It covers the companies behind corporate bonds and non-convertible debentures (NCDs): their outstanding bonds with ISIN-level terms, credit ratings as recorded by the depository, private placements and public NCD issues. It brings together depository (NSDL India Bond Info), exchange (BSE and NSE) and company records, and shows the source and date of each fact. The pages are compiled automatically from those records. Bond Interpretation publishes no credit ratings, opinions or recommendations to buy, sell or hold of its own.

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