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Moody's arm downgrades Yes Bank's credit rating, places issuer ratings under review


Moody's also placed Yes Bank's long-term foreign currency issuer rating of B2, long-term foreign and local currency bank deposit ratings of B2, and its foreign currency senior unsecured MTN program rating of (P)B2, under review, with the direction uncertain.

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Moody's Investors Service on January 16 downgraded YES Bank's Baseline Credit Assessment (BCA) and adjusted BCA to 'caa2' from 'b3' citing concerns on the standalone viability of the private lender as it struggles to raise capital.

Moody's also placed YES Bank's long-term foreign currency issuer rating of B2, long-term foreign ...


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