Moody’s Places Yes Bank’s Ratings Under Review For Downgrade

Moody’s expects pressure on the bank’s asset quality, profitability and capital position.

A customer exits a Yes Bank Ltd. branch in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Moody’s Investors Service placed Yes Bank Ltd.’s credit ratings under review for downgrade due to its exposure to mortgage and non-bank lenders and the real estate sector amid a liquidity crunch.

Also Read: Yes, Bank on Things Being Worse Than They Look

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