Axis Bank has officially responded to recent market queries concerning potential bids for a stake in CreditAccess Grameen Limited. The Bank categorically stated on February 22, 2026, that it has neither submitted nor is currently planning to submit any bid for an acquisition or investment in the NBFC. Consequently, the Bank confirms that this matter does not constitute material information requiring immediate regulatory disclosure.
Official Response to Market Queries
In a formal communication issued on February 22, 2026, Axis Bank addressed specific incoming inquiries regarding its potential involvement in bidding for a stake in CreditAccess Grameen Limited. The communication was addressed to both the National Stock Exchange of India Limited (NSE) and the BSE Limited.
Bank’s Position Confirmed
The Bank has provided a definitive statement to clarify its intentions in the matter. Axis Bank explicitly informed the exchanges that it has neither submitted nor is planning to submit any bid for acquiring a stake in CreditAccess Grameen Limited.
Disclosure Status
Furthermore, Axis Bank confirmed that there is currently no material event or information related to this subject that necessitates disclosure under prevailing listing requirements. The Bank reiterated its commitment to making disclosures in full compliance with its continuing obligations.
Internal Authorization
The announcement was issued under the authority of the Bank and signed by Sandeep Poddar, Company Secretary, on the specified date.
Source: BSE
