Credit rating agency, CARE has assigned AA rating to Yes Bank’s lower Tier II bonds worth Rs 325 crore. The rating agency has also assigned AA- rating to the bank’s upper Tier II bonds worth Rs 150 crore.
The bank has received the said rating on the back of its healthy profitability and operational efficiency, comfortable capital adequacy parameters along with its ability to raise capital at regular intervals to support its business growth and good asset quality.
Yes Bank, the private sector lender offers a full-range of client-focused corporate banking services, including working capital finance, specialized corporate finance, trade and transactional services, treasury risk management services, investment banking solutions and liquidity management solutions among others to a highly focused client base.
