<ul data-eligibleForWebStory="true"><li>Moody's has upgraded Yes Bank's Baseline Credit Assessment (BCA) by one notch to Ba2 from Ba3, attributed to an improved credit profile.</li><li>The upgrade is driven by enhancements in the bank's credit profile, including capital and loan loss reserves, providing buffers against asset risks and modest profitability.</li><li>Yes Bank's Ba2 deposit ratings are slightly higher than its Ba3 BCA due to an anticipated moderate government support within contingencies.</li><li>Yes Bank's gross non-performing loan ratio decreased to 1.6% in March 2025 from 13.9% in March 2022, with provision coverage rising from 71% to 80% during this period.</li><li>Despite improvements, Yes Bank's asset quality still faces risks from its growing retail and SME portfolios, focus on riskier retail segments, and third-party sourcing reliance.</li><li>Yes Bank's shares closed 1.3% lower at Rs 20.16 apiece on the BSE, contrasting with a 0.7% drop in the Sensex.</li></ul>

Moody's Upgrades Yes Bank Rating On Improved Credit Profile

Discover more