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YES BANK Receives Ratings from both CARE Ratings and India Ratings for Basel III AT1 Bonds for INR 2100 Crore

  • Rating of CARE AA (Stable) from CARE Ratings
  • Rating of Ind AA with Stable Outlook from India Ratings & Research

Mumbai, December 19, 2016: 

YES BANK, India’s 5th largest private sector Bank has announced that it has received ratings for INR 2100 Crores of Basel III Compliant AT1(Additional Tier-1) Bonds

About YES BANK

YES BANK, India’s fourth largest private sector bank is a high quality, customer centric and service driven Bank. Since inception in 2004, YES BANK has grown into a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 29 states and 7 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.

For more information, please visit the Bank’s website at http://www.yesbank.in/

For media queries, please contact:

YES BANK
Jitesh Patel
Ph.: +91 22 3347 9753, +91 9820813570
Email: jitesh.patel@yesbank.in

Delna Irani
Adfactors
Ph.: +91 9820660467
Email: delna@adfactorspr.com

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