Tue, 11th Jun 2019 17:12
June 11, 2019
India International Exchange IFSC Limited
101 First Floor, Hiranandani Signature Tower,
GIFT City IFSC - 382355, Gujarat, India
The Singapore Exchange Securities Trading Limited
2, Shenton Way #19-00
SGX Centre 1, Singapore 068804
The London Stock Exchange
10, Patemoster Square,
London, EC4M 7LS
Sub.: Disclosure under Indian Listing Regulations
In terms of Indian Listing Regulations and other applicable provisions, the Press Release on "YES BANK's Ratings placed under 'Review for Downgrade' by Moody's" is enclosed herewith.
Kindly take note of the above.
The announcements made by the Bank can also be accessed at its website www.yesbank.in.
For YES BANK LIMITED
Shivanand R. Shettigar
Group Company Secretary
Encl: As above
YES BANK's Ratings placed under 'Review for Downgrade' by Moody's
Mumbai, June 11, 2019:
Please find attached the Moody's press release dated June 11, 2019 with the subject: Moody's Places YES BANK's ratings under review for downgrade.
Click on the link to read the Moody's Press Release on this update which also contains the rating rationale:
About YES BANK
YES BANK, India's fourth largest private sector bank is a high quality, customer centric and service driven Bank. Since inception in 2004, YES BANK has grown into a 'Full Service Commercial Bank' providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 29 states and 7 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.
For more information, please visit the Bank's website at http://www.yesbank.in/
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