MoneyWorks4Me

YES Bank receives ratings for Basel III AT1 Bonds from CARE, India Ratings

20 Dec 2016 Evaluate

YES Bank has received ratings from both CARE Ratings and India Ratings for Basel III Compliant AT1 (Additional Tier-1) Bonds. The CARE Ratings has assigned ‘AA’ rating with stable outlook to the company’s Basel III AT1 Bonds worth Rs 2100 crore, while India Ratings has also assigned ‘AA’ rating with stable outlook for the same.

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.


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