Company Announcements

Credit Ratings by Moody’s Investors Service

Source: RNS
RNS Number : 0697S
YES Bank Limited
11 November 2021
 

YBL/CS/2021-22/Int/009

 

November 11, 2021

 

India International Exchange IFSC Limited

101 First Floor, Hiranandani Signature Tower,

GIFT City IFSC - 382355, Gujarat, India

The Singapore Exchange Securities Trading Limited

2, Shenton Way #19-00

SGX Centre 1, Singapore 068804

The London Stock Exchange

10, Patemoster Square,

London, EC4M 7LS

 

 

Dear Sirs,

 

Subject: Press release on Credit Ratings by Moody's Investors Service

 

Please find enclosed Press Release issued by Moody's Investors Service titled "Moody's upgrades Yes Bank's rating to B2 from B3; changes outlook to positive".

 

Instrument

Rating Action

Long-term foreign currency issuer rating and deposit ratings

Upgraded to b2 from b3

(Outlook, Changed To Positive From Stable)

Baseline Credit Assessment (BCA) and Adjusted BCA

Upgraded to b3 from caa2

 

Kindly take the above on record.

 

The announcements made by the Bank can also be accessed at its website www.yesbank.in.

 

Thanking you,

 

Yours faithfully,

For YES BANK LIMITED

 

Shivanand R. Shettigar                           

Company Secretary

 

 

Encl: As above

 

http://www.rns-pdf.londonstockexchange.com/rns/0697S_1-2021-11-11.pdf

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