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YES Bank Limited - Disclosure under Indian Listing Regulations

Tue, 11th Jun 2019 17:12

RNS Number : 8779B
YES Bank Limited
11 June 2019




  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





 Dear Sirs,


 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.


 Thanking you,


 Yours faithfully,





 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:




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/

For media queries, please contact:

YES BANK                                                                

Mihir Mukherjee

Email: Mihir.mukherjee1@yesbank.in

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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