International agencies assign first ratings to Yes Bank
Key Highlights
Yes Bank has received its first-ever credit ratings from international agencies Japan Credit Rating Agency Ltd and Rating and Investment Information, Inc.
Yes Bank received its inaugural credit ratings from two international agencies. Japan Credit Rating Agency Ltd and Rating and Investment Information, Inc. assigned these first-time ratings to the lender. The bank disclosed the development in its latest regulatory filing.
The bank stated that Japan Credit Rating Agency Ltd and Rating and Investment Information, Inc. provided the assessments. These ratings are now available for review within the documents submitted to the stock exchange. The company also published the press releases from both agencies on its official website. This disclosure follows the requirements set out under the SEBI Listing Obligations and Disclosure Requirements Regulations of 2015. The bank provided these details to the to ensure compliance with regulatory reporting standards. No further information regarding the specific rating grades or the financial impact was included in the announcement. The bank maintains these documents for public access on its corporate portal.
Based on company and agency reports. For information only; not investment advice.