Moody's upgrades Yes Bank rating following equity capital raise of Rs 150 bn
Moody's has also upgraded the bank's long-term foreign and local currency bank deposit ratings to B3 from Caa1, and its foreign currency senior unsecured MTN program rating to (P)B3 from (P)Caa1.
Moody's Investors Service has upgraded Yes Bank Limited's long-term foreign currency issuer rating to B3 from Caa1. Photo: PTI