Moody's Upgrades Yes Bank Ratings, Says Asset Quality Risks Remain
Financial Express Chennai
|June 14, 2025
MOODY'S RATINGS HAS upgraded Yes Bank's long-term foreign currency and local currency bank deposit ratings to Ba2 from Ba3.
The agency has also upgraded the baseline credit assessment (BCA) and adjusted it to ba3 from b1. The outlook on the bank has been changed to stable from positive.
The ratings upgrade was driven by a gradual improvement in the credit profile, including capital and loan-loss reserves which would provide sufficient buffers against the bank's unseasoned asset risks and improving-yet-modest profitability and funding, Moody's said in a release.
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