Yes Bank rating upgrade: Moody’s lifts Yes Bank to Ba2 on...

Dununu.com Dununu

Sponsorizzato

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

RSS Feed Business

Posted

53

Moody's Ratings has upgraded Yes Bank's long-term deposit ratings to Ba2, driven by improvements in the bank's credit profile, including capital adequacy and loan loss reserves. The agency also raised Yes Bank’s Baseline Credit Assessment to ba3, reflecting strengthened loss-absorption buffers. While noting unseasoned risks from rapid expansion, the ratings also factor in expected systemic support from the Indian government.

Read Full Article

Effettua l'accesso per mettere mi piace, condividere e commentare!

Wind energy centre of Atma Nirbhar Bharat: India becomes 3rd largest maker of renewable energy; wind capacity hits 51.5 GW in a decade

Union Minister Pralhad Joshi emphasized wind energy's crucial role in India's clean energy goals...

By 0 2

Ahmedabad airplane crash: Death toll rises to 274; Vijay Rupani’s funeral on Monday with state honours

By 0 5

'Knee on neck': Indian-origin man in Australia, Gaurav Kundi, who was 'attacked' by cops during dramatic arrest, dies

By 0 4

‘Just like I got India, Pak to deal’: Trump says he can end Israel-Iran war, ‘peace soon’

Amid escalating Israeli airstrikes on Iran, US President Donald Trump claimed he could broker...

By 0 4

Arjun REACTS to ex-girlfriend Malaika's post on 'love'

Arjun Kapoor recently liked Malaika Arora's Instagram post featuring a quote about love, sparking...

By 0 8