Yes Bank gets ratings downgrade from Brickwork Ratings

Yes Bank announced that Brickwork Ratings has downgraded the rating of the Bank's Lower Tier II Bonds from 'BWR AA' to 'BWR AA-', Upper Tier II Bonds, Hybrid Tier I Bonds, Innovative Perpetual Debt Instruments from 'BWR AA-' to 'BWR A+'. The outlook continues to remain Negative.

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