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Axis Bank shares tank over 5 pc after S&P rating cut

Project-Your-State-axis-bank-shares-tank-over-5-pc-after-sp-rating-cut

Published 01 Jul, 2020

By Staff Reporter

Shares of Axis Bank on Monday declined over 5 per cent after S&P Global Ratings lowered its ratings of the lender due to increased economic risks for banks operating in India. The stock plunged 5.21 per cent to Rs 402.90 on BSE. On NSE, it tanked 5.29 per cent to Rs 402.35.



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