REG - YES Bank Limited - Credit Ratings by Moody’s Investors Service

Yes BankAnnouncement

11/11/2021 07:00

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RNS Number : 0697S  YES Bank Limited  11 November 2021

YBL/CS/2021-22/Int/009

 

November 11, 2021

 

 India International Exchange IFSC Limited       The Singapore Exchange Securities Trading Limited

 101 First Floor, Hiranandani Signature Tower,   2, Shenton Way #19-00

 GIFT City IFSC - 382355, Gujarat, India         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 (http://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
(http://www.rns-pdf.londonstockexchange.com/rns/0697S_1-2021-11-11.pdf)

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