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CARE, India Ratings revise ratings for YES Bank’s Basel III AT1 Bonds worth Rs 1500 crore

23 Dec 2016 Evaluate

YES Bank has received ratings from both CARE Ratings and India Ratings for Basel III AT1 Bonds worth Rs 1500 crore.

CARE has revised ‘AA’ rating with Stable Outlook and India Ratings & Research (a Fitch Group Company) has revised ‘AA’ rating with Stable Outlook.

YES Bank is India's fifth largest private sector Bank, founded by Rana Kapoor in 2004. Yes Bank is the only Greenfield Bank licence awarded by the RBI in the last two decades.

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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