Tag: IND A- to IND A+.
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India Ratings downgrades Yes Bank issuer rating from ‘A’ to ‘A-‘
This is the third downgrade of the private sector lender by Ind-Ra in last one year – which could adversely impact the bank’s franchise and potentially create challenges on asset and liability side. India Ratings (Ind-Ra) has downgraded Yes Bank’s long-term issuer rating to ‘A-’ from ‘A’ while maintaining it on Rating Watch Negative (RWN). ...