Moody's Upgrade Reflects Yes Bank's Improving Credit Profile

Moody's Upgrade Reflects Yes Bank's Improving Credit Profile

Moody's Ratings upgraded Yes Bank's deposit ratings due to enhanced credit profile and better asset management. Improved capital and loan loss reserves are creating buffers against risks, despite challenges in retail and SME portfolios. Government support is expected if needed.

Moody's upgrades Yes Bank's rating to Ba2 from Ba3; changes outlook to stable

Moody's attributed the improvement in Yes Bank's credit profile as the reason for the upgrade.

Moody’s upgrades Yes Bank rating, changes outlook to stable

Moody's Ratings has upgraded Yes Bank's long-term foreign and local currency bank deposit ratings to Ba2 from Ba3, also improving its Baseline Credit Assessment (BCA) to ba3 from b1, with a stable outlook.

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Moody's Upgrades Yes Bank Rating On Improved Credit Profile

Rating agency Moody's on Friday upgraded Yes Bank Ltd.'s long-term foreign currency and local currency bank deposit ratings, attributing to a gradual improvement in the bank's credit profile.The agency has upgraded its Baseline Credit Assessment (BCA) by a notch to Ba2, from Ba3, it said in a statement."The upgrade of Yes Bank's ratings and BCA is driven by a gradual improvement in the bank's credit profile including its capital and loan loss re…