The financial institution Axis Bank Limited has stated categorically that it has not made nor intends to make any bid for a share in CreditAccess Grameen Limited.
Concerning a possible acquisition of the microfinance institution, the bank responded to questions in a regulatory notice dated February 22, 2026. With the NSE symbol AXISBANK and BSE scrip code 532215, the bank is listed on the National Stock Exchange of India Limited and BSE Limited, respectively, and the clarification was made to them.
The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, say that Axis Bank is not required to disclose any material events or information on this case. In addition, the bank reaffirmed its resolve to be open and honest at all times and to fulfil its disclosure duties as outlined in SEBI’s LODR Regulations. In addition to being marked to the London Stock Exchange and the Singapore Exchange, the notification bore the signature of Company Secretary Sandeep Poddar.
The bank’s stance on any possible equity acquisition in CreditAccess Grameen is being clarified in order to quell market speculation and reassure investors.
