YES Bank credit rating upgraded to Ba1 by Moody’s
after close1 source ↓written by the desknot a recommendation
YES Bank Limited has received a credit rating upgrade from Moody’s, raising its long-term ratings from Ba2 to Ba1 with a stable outlook. The upgrade reflects improvements in the bank’s financial profile, including a gross non-performing loan ratio of 1.3% and a CET1 ratio of 13.8%. This may enhance investor confidence and support funding stability.
• Baseline Credit Assessment upgraded from ba3 to ba2
• Strengthened governance and risk management practices
• Rise in low-cost CASA and retail deposits
The upgrade is expected to positively impact market sentiment for YES Bank.
Not investment advice. For informational purposes only.