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MSCI ESG upgrades Yes Bank’s rating to AAA

14 Dec 2016 Evaluate

Yes Bank, India’s fifth largest private sector Bank, has been upgraded by MSCI ESG Research to AAA Rating from AA rating. The MSCI ESG Report has highlighted Yes Bank’s key strengths in Financial Product Safety, Corporate Governance, and Financial System Instability, and has also highlighted that there are no significant risks for the Bank from an ESG perspective. The ‘AAA’ rating reaffirms Yes Bank’s 360 degree risk framework which includes pertinent ESG parameters and underscores the bank’s ability to proactively mitigate emerging risks and create new opportunities in India’s sunrise sectors.

Yes Bank is engaged in providing a range of banking and financial services. The Bank operates in four segments: Treasury, Corporate / Wholesale banking, Retail banking and other banking operations.

Peers
Company Name CMP
HDFC Bank 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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