Yes Bank plans to raise around $1bn in the current financial year in an effort to strengthen its capital ratios. Its Managing Director Prashant Kumar said that Yes Bank has a CET1 ratio of 11.5% which would suffice for its growth targets during the current financial...
Yes Bank was upgraded to B2 from B3 with positive outlook by Moody’s on the back of an “expectation of a further improvement to the bank’s credit profile, driven by a cleanup of legacy stressed assets and/or improvements to its capital and...