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YES BANK receives ratings from ICRA and India Ratings for Basel III Tier II Bonds for amount of INR 4,000 Crore

  • Rating of ICRA AA+ (hyb) with Positive Outlook from ICRA
  • Rating of Ind AA+ with Stable Outlook from India Ratings & Research

Mumbai, September 27, 2017: 

YES BANK, India’s 5th largest private sector Bank has announced that it has received ratings for an amount of INR 4,000 Cr of Basel III Compliant Tier II Bonds.

The detailed rating rationales can be found below:

Click here for ICRA Rationale

Click here for India Ratings Rationale

About YES BANK

YES BANK, India’s fourth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its Top Management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India.

YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.

YES BANK has a knowledge driven approach to banking, and offers a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals’ Bank of India with the long term mission of “BUILDING INDIA’s FINEST QUALITY LARGE BANK”.

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

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Jyothi Goswami
Ph.: Mob: +91 9987036388
Email: jyothi@adfactorspr.com

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