- 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
- CARE Ratings - AA with Stable Outlook – Link to the detailed Rating Rationale
- India Ratings & Research (a Fitch Group Company) – Ind AA with Stable Outlook – Link to the detailed Rating Rationale.
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 28 states and 9 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: