- 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.
- ICRA - ICRA AA+ (hyb) with Positive Outlook
- India Ratings & Research (a Fitch Group Company) – Ind AA+ with Stable Outlook – Link to the detailed Rating Rationale.
The detailed rating rationales can be found below:
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 THE FINEST QUALITY LARGE BANK OF THE WORLD IN INDIA”.
Ph.: +91 22 3347 9753, +91 9820813570
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