Yes Bank rating upgrade: Moody’s lifts Yes Bank to Ba2 on stronger buffers, cites lower NPAs, better provisioning

Global credit rating agency Moody’s Ratings on Friday upgraded Yes Bank’s long-term foreign and local currency bank deposit ratings to Ba2 from Ba3, citing a gradual improvement in the bank’s overall credit profile.The agency also raised Yes Bank’s Baseline Credit Assessment (BCA) by one notch […]