March 21 (Reuters) - Axis Bank Ltd:
* CLARIFIES ON REPORTS REFERRING TO BANK GUARANTEE ISSUED TO CERTAIN TELECOM COMPANIES
* SAYS “THE SAID BANK GUARANTEE HAS BEEN ISSUED BY BANK ON BEHALF OF BHARTI AIRTEL LIMITED.”
* HAS 92.22 BILLION RUPEES OF NON FUND BASED EXPOSURE TO TELECOM SECTOR AS OF DEC. 31, 2017
* SAYS HAS BEEN INFORMED THAT TELECOM DISPUTES SETTLEMENT AND APPELLATE TRIBUNAL ORDER IS OPERATIVE Source text - bit.ly/2GPf6Do Further company coverage: