Axis Bank Issues Clarification on Stake Bid in CreditAccess Grameen
Mumbai, February 22, 2026: Axis Bank Limited has clarified that it has neither submitted nor is planning to submit any bid for a stake in CreditAccess Grameen Limited.
In a regulatory communication dated February 22, 2026, the bank addressed queries it had received regarding a potential bid for the microfinance institution. The clarification was submitted to the National Stock Exchange of India Limited and BSE Limited, where the bank is listed under NSE symbol AXISBANK and BSE scrip code 532215.
Axis Bank stated that there is no material event or information in this matter requiring disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The bank further reiterated its commitment to maintaining transparency and complying with its disclosure obligations under SEBI’s LODR Regulations. The communication was signed by Company Secretary Sandeep Poddar and was also marked to the London Stock Exchange and Singapore Exchange.
The clarification aims to address market speculation and provide clarity to investors regarding the bank’s position on any potential stake acquisition in CreditAccess Grameen.
