Yes Bank has informed that it has been brought to the notice of YES Bank management today that there are some unverified rumors regarding asset quality concerns. Through this note the YES Bank management reiterates its credit cost guidance of 50-70 bps for FY 15-16, as communicated by the MD&CEO during the 2nd Quarter Results Press conference held on Oct 30, 2015.
The above information is a part of company’s filings submitted to BSE.