Mumbai, February 20, 2019:
Please find attached Moody’s press release dated February 20, 2019 with the subject: Moody’s affirms YES BANK’s ratings, changes outlook to ‘stable’ from ‘negative’.
Click on the link to read the Moody’s Press Release on this update which also contains the rating rationale:
About YES BANK
YES BANK is a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients.
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 8 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/
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