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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 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/

YES BANK
Jitesh Patel
Email: jitesh.patel@yesbank.in

Adfactors
Jyothi Goswami
Email: jyothi@adfactorspr.com

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