Yes Bank has received an upgrade in credit ratings from India Ratings and Research. The Banks Long-Term Issuer Rating has been revised to IND A- from IND BBB and Outlook assigned as Stable. The instrument-wise rating actions are as follows: Infrastructure Bonds – Upgraded to IND A-/ Stable from IND BBB/ Stable. Basel III Tier 2 Bonds – Upgraded to IND BBB+/ Stable from IND BBB- / StablePowered by Capital Market – Live News
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