Moody's upgrades Yes Bank on improved financing health

The rating company changed Yes Bank's outlook to 'positive' from 'stable' earlier. Moody's has upgraded Yes Bank's issuer rating to B2 from B3 because its funding and liquidity have substantially improved in the past year, which have strengthened depositor and credit confidence in the bank.

from Banking/Finance-Industry-Economic Times https://ift.tt/3qqcNzQ