Yes Bank Shares Fall 4% After Moody's Places Ratings Under Review

Yes Bank shares fell nearly 4 per cent on Thursday, a day after credit ratings agency Moody's Investors Service said it had placed private sector lender's rating under review for a downgrade. Moody's said the review was driven by two factors: Yes Bank's weak financial performance in the quarter ended September 30, and the announcement that it had received a $1.2-billion binding offer from a global investor via new equity capital. Moo...