Corporate News     08-Dec-20
Yes Bank receives upgrade in ratings for Tier I Subordinated Perpetual Bonds
From Brickwork Ratings
Yes Bank announced that Brickwork Ratings has upgraded the rating on Tier I Subordinated Perpetual Bonds (Basel II) from BWRD to BWR BB+/ Stable.

The rating upgrade factors in improvement in capitalisation ratios of the bank, strong shareholder base and experienced board members.

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