ICRA downsize Yes Bank’s long haul rating with negative standpoint

Rating office ICRA has downgraded the long haul rating of private area loan specialist Yes Bank with negative viewpoint after the moneylender detailed critical increment in beneath speculation grade propels, which could affect the bank’s benefit in the coming quarters. Indeed Bank announced its first-since forever quarterly loss of ₹1,506 crore amid the January-March period.

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