Yes Bank gets revision in credit ratings from CARE

Yes Bank has received revision in credit ratings from CARE as under -

Infrastructure Bonds (Rs 5000 crore) - CARE A+ (Credit Watch with developing Implications) (Revised from CARE AA-; Negative)

Lower Tier II Bonds (Rs 2530.60 crore) - CARE A+ (Credit Watch with developing Implications) (Revised from CARE AA-; Negative)

Tier II Bonds (Basel III) (Rs 8900 crore) - CARE A+ (Credit Watch with developing Implications) (Revised from CARE AA-; Negative)

Additional Tier I Bonds (Basel III) (Rs 3600 crore) - CARE BBB+ (Credit Watch with developing Implications) (Revised from CARE A-; Negative)

Upper Tier II Bonds (Rs 904.10 crore) - CARE A (Credit Watch with developing Implications) (Revised from CARE A+; Negative)

Perpetual Bonds (Basel II) (Rs 82 crore) - CARE A (Credit Watch with developing Implications) (Revised from CARE A+; Negative)

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