Axis Bank Clarifies No Participation in CreditAccess Grameen Limited Bidding Process
Axis Bank Limited has officially clarified that it has neither submitted nor plans to submit any bid for a stake in CreditAccess Grameen Limited, responding to market queries dated February 22, 2026. The bank stated there is no material event requiring disclosure under SEBI Regulation 30, emphasizing its commitment to regulatory compliance and transparency in corporate communications.

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Axis Bank Limited has issued an official clarification to stock exchanges regarding market speculation about its potential participation in bidding for a stake in CreditAccess Grameen Limited. The bank's response, dated February 22, 2026, was prompted by incoming queries from various stakeholders.
Official Bank Position
In its communication to the National Stock Exchange of India Limited and BSE Limited, Axis Bank categorically denied any involvement in the bidding process for CreditAccess Grameen Limited. The bank's position can be summarized as follows:
| Parameter | Bank's Position |
|---|---|
| Bid Submission Status | No bid submitted |
| Future Bidding Plans | No plans to submit any bid |
| Target Company | CreditAccess Grameen Limited |
| Nature of Stake | Not specified |
Regulatory Compliance Statement
The bank emphasized its commitment to regulatory compliance and transparency in its disclosure. 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 clarification was signed by Sandeep Poddar, Company Secretary of Axis Bank Limited, and was also communicated to international exchanges including the London Stock Exchange and Singapore Stock Exchange.
Market Context
The clarification appears to be a proactive measure by Axis Bank to address market speculation and queries regarding its potential interest in CreditAccess Grameen Limited. By issuing this formal statement, the bank aims to provide clarity to investors and stakeholders about its position regarding the microfinance company.
The bank reaffirmed its ongoing commitment to making disclosures in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring continued transparency in its corporate communications.
Historical Stock Returns for Axis Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.34% | +4.08% | +7.21% | +28.37% | +36.33% | +92.74% |


































