Yes Bank says Care Ratings ups ratings by a notch
Midsize private sector lender Yes Bank today said Care Ratings has upgraded its ratings on multiple instruments.
Ratings on infrastructure bonds and tier II bonds has been upgraded to 'AAA' from 'AA+' and for perpetual and additional tier I Bonds has been upgraded to 'AA+' from 'AA', it said in a release.
Outlook on both the ratings is stable, it added.
IIT-Bombay, Intel, govt launch accelerator programme *IIT-Bombay's startup incubator SINE, Union government's department of science and technology and Intel have tied up to launch an accelerator programme.
The programme is aimed for hardware and systems startups using technologies in the areas of artificial intelligence, blockchain, and internet of things, a release from the IIT said today.
Up to 15 startups in the domains of healthcare, manufacturing, retail, and transportation will be supported, it said.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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